1241 Hamilton Road 58, London East

$449,900
1241 Hamilton Road 58

$449,900

New
15d
Condo TownhouseBungalow

1241 Hamilton Road 58, London East

Total Monthly Obligation $2,732

Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
15d
Score
16
Yield
3.6%
Cash on Cash
-14.7%
Cap Rate
1.4%
5Y IRR
4.2%
10Y IRR
5.8%
Property Type-Condo Townhouse
MLS® Number-X13875326
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Condo Townhouse
Taxes-$3,219 (2025)
Maintenance-$449.12/mo
Locker-None
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER POWER REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-East P
Title-Residential Condo & Other

No agent assigned

Tucked within the sought-after The 18th at Eastpark, this beautifully maintained condo complex is surrounded by mature trees and backs onto a picturesque golf course. This bright and move-in-ready 2+1 bedroom, 2-bathroom home offers a perfect blend of comfort, style and convenience. The main floor features two generous sized bedrooms, new flooring throughout, and an inviting open-concept great room overlooking the dining room. The renovated white kitchen offers a fresh, timeless feel with plenty of natural light. The fully finished lower level adds exceptional living space with a spacious recreation room, third bedroom, full 4-piece bathroom, and convenient laundry/storage area. Enjoy your private, peaceful and picturesque backyard surrounded by mature greenery and ample green space. A single-car garage provides secure parking and additional storage. Ideally located with easy access to the 401, shopping, public transit, schools, daycares, restaurants and Lynn's Bakery. Minutes to downtown, Fanshawe College and numerous churches, with several golf courses right in the area-including the one just beyond your backyard. A wonderful opportunity to enjoy low-maintenance living in a serene setting while remaining close to everything you need. See documents tab for updates and additional information.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,732/mo
Mortgage $1,815
Monthly Loss $2,255
Principal$478
Interest$1,337
Property Tax$268
Condo Fees$449
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
0.8%7
Cash-on-Cash
-18.9%0
5-Year IRR
1.1%4
10-Year IRR
4.1%
Returns Index
2.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$16,116/yr
NOI
$3,496/yr
Net Cash Flow
-$1,523/mo
Cash Margin
-113.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.161
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
26.9/ 100

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

Comparables

Properties near 1241 Hamilton Road 58

Time

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