122 Sherwood Forest Square 7, London North

$419,900
122 Sherwood Forest Square 7

$419,900

New
15d
Condo TownhouseMulti-Level

122 Sherwood Forest Square 7, London North

Total Monthly Obligation $2,581

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
15d
Score
23
Yield
7.0%
Cash on Cash
0.6%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Condo Townhouse
MLS® Number-X13875288
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 8, 2026
Style-Multi-Level
Building Type-Condo Townhouse
Taxes-$2,967 (2025)
Maintenance-$440/mo
Locker-None
Parking-1 - None
Basement-Finished, Walk-Out, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ADVANTAGE REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Vinyl Siding, Brick
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-North I
Title-Residential Condo & Other

No agent assigned

Fully renovated and move-in ready! This corner-unit walk-out townhouse in North London is perfect for growing families, young professionals or investors. Fresh renovations were completed in 2026 including: all-new flooring throughout, a brand new kitchen, a new HVAC system and a new electrical panel, so there's nothing to do but settle in. The main floor consists of a foyer + front closet, spacious dine-in kitchen, powder room and large living room with access to a balcony at the back, perfect for morning coffee & summer evenings. The 2nd floor holds 3 bedrooms, including a large primary bedroom & ample closet space + 4 piece bathroom. The walkout lower level features a rec room, a second living area and plenty of storage. In-law suite potential! Well maintained and freshly renovated, this home is ready for its next family.Walk to Sherwood Forest Mall for groceries, restaurants and a medical clinic. Close to Costco, schools, Sherwood Forest Park, Medway Valley Heritage Forest trails, University Hospital and Masonville Place.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$335,920
Land Transfer Taxes$4,873
Legal Fees (Est.)
$
Total cash required for closing$90,353

Total Monthly Obligation

$2,581/mo
Mortgage $1,694
Monthly Loss $2,135
Principal$446
Interest$1,248
Property Tax$247
Condo Fees$440
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.9%2
5-Year IRR
12.0%50
10-Year IRR
12.3%
Returns Index
25.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,520/yr
NOI
$15,921/yr
Net Cash Flow
-$367/mo
Cash Margin
-14.9%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
31.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 122 Sherwood Forest Square 7

Time

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Data last updated within the past 24 hours.