370 Homestead Court 13, London North

$379,999
370 Homestead Court 13

$379,999

New
16d
Condo Townhouse2-Storey

370 Homestead Court 13, London North

Total Monthly Obligation $2,489

Beds
4
Baths
3
Park
2
Sqft
1200-1399
DOM
16d
Score
24
Yield
7.8%
Cash on Cash
1.9%
Cap Rate
5.0%
5Y IRR
17.1%
10Y IRR
15.8%
Property Type-Condo Townhouse
MLS® Number-X13875920
Beds-4
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,414 (2025)
Maintenance-$555/mo
Locker-None
Parking-2 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-NU-VISTA PINNACLE REALTY BROKERAGE INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-North F
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully maintained move in ready 3+1 bedroom 2.5 bathroom condo townhouse in a quiet established Northwest London community. The bright and spacious main floor features a comfortable living and dining area neutral décor, elegant crown moulding and updated pot lights completed in 2024. The kitchen was fully renovated in 2018 and offers a clean, modern space, with the dishwasher replaced in 2025 and washer in 2026. Patio doors lead to one of the larger private patio areas in the complex perfect for summer BBQs entertaining or relaxing outdoors. The patio concrete was updated in 2019 and a natural gas BBQ line was installed in 2021. Upstairs offers a generously sized primary bedroom and two additional bedrooms and a full 3 piece bathroom. One bedroom also features a custom closet completed in 2024. The finished basement provides additional flexible living space that can be used as a 4th bedroom home office, guest room or recreation area, plus another 3 piece bathroom. Additional highlights include a high efficiency furnace installed in 2022 and an owned water heater. Residents can enjoy the complex outdoor pool. Condo fees include water, landscaping, snow removal, two assigned parking spaces, exterior common elements and roof repair replacement. Fences are currently being replaced throughout the complex. Conveniently located close to shopping, restaurants, schools, public transit, Western University, hospitals and everyday amenities. An excellent opportunity for first time buyers, families or investors. Move in and enjoy!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$303,999
Land Transfer Taxes$4,175
Legal Fees (Est.)
$
Total cash required for closing$81,675

Total Monthly Obligation

$2,489/mo
Mortgage $1,533
Monthly Loss $2,086
Principal$403
Interest$1,129
Property Tax$201
Condo Fees$555
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.1%3
5-Year IRR
12.7%55
10-Year IRR
12.9%
Returns Index
28.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$29,508/yr
NOI
$15,083/yr
Net Cash Flow
-$276/mo
Cash Margin
-11.2%1
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
33.1/ 100

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

Comparables

Properties near 370 Homestead Court 13

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.