825 DUNDALK Drive 40, London South

$279,900
825 DUNDALK Drive 40

$279,900

New
15d
Condo Townhouse2-Storey

825 DUNDALK Drive 40, London South

Total Monthly Obligation $1,787

Beds
3
Baths
1
Park
1
Sqft
900-999
DOM
15d
Score
40
Yield
9.4%
Cash on Cash
11.0%
Cap Rate
6.9%
5Y IRR
24.5%
10Y IRR
22.1%
Property Type-Condo Townhouse
MLS® Number-X13876370
Beds-3
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$1,526 (2025)
Maintenance-$330.68/mo
Locker-None
Parking-1 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-OAK AND KEY REAL ESTATE BROKERAGE, INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-IMMEDIATE
Neighbourhood-South Q
Title-Residential Condo & Other

No agent assigned

Bring your ideas...and maybe a hammer! If you've been looking for an opportunity to put your own stamp on a home and build some sweat equity along the way, this 3 bedroom end unit townhouse condo in southwest London may be the one. Offering 3 bedrooms, 1 bathroom and a functional 2-storey layout, this unit is ready for someone with a little vision to make it their own. The kitchen has already received a head start with updated cabinetry, while the rest of the home offers plenty of opportunity to update, refresh and create a space that reflects your own style. The partially finished basement provides additional living space with even more potential to make it your own. Step outside to a nicely maintained, fully fenced private outdoor space - perfect for relaxing, entertaining or enjoying a little extra room outdoors. Not all units in the complex are the same - some offer only 2 bedrooms and electric baseboard heating, while this end unit features 3 bedrooms and the added benefit of a forced-air gas furnace. Another standout? The extremely low condo fees, which include water as well as exterior maintenance of the windows and doors. The roof was updated in 2013 and the windows are approximately 10 years old. One reserved parking space is included, along with visitor parking for guests. Located in a great southwest London neighbourhood, close to good schools, shopping and everyday amenities. Whether you're a first-time buyer looking to get into the market, a renovator searching for your next project, or someone who simply sees the potential in making a home their own, this could be the opportunity you've been waiting for. Immediate possession is available. Bring your ideas, roll up your sleeves and come see what you could do with this one!

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

Closing Costs

Mortgage Amount
$223,920
Land Transfer Taxes$2,674
Legal Fees (Est.)
$
Total cash required for closing$60,154

Total Monthly Obligation

$1,787/mo
Mortgage $1,129
Monthly Loss $1,490
Principal$297
Interest$832
Property Tax$127
Condo Fees$331
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.6%46
Cash-on-Cash
3.7%17
5-Year IRR
18.9%89
10-Year IRR
18.0%
Returns Index
51.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
40/ 100
Poor•Caution

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$26,328/yr
NOI
$15,801/yr
Net Cash Flow
$188/mo
Cash Margin
8.6%22
Cash Flow Index
21.6/ 100
Risk Profile
Weight: 20%
DSCR
1.1742
LTV Ratio
80.0%18
Vacancy Buffer
5.3 mo86
Risk Index
48.7/ 100

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

Comparables

Properties near 825 DUNDALK Drive 40

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.