2615 Colonel Talbot Road 8, London South

$689,000
2615 Colonel Talbot Road 8

$689,000

New
15d
Detached2-Storey

2615 Colonel Talbot Road 8, London South

Total Monthly Obligation $3,600

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
15d
Score
20
Yield
5.4%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Detached
MLS® Number-X13879952
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-40.19 × 91.08 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,348 (2025)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP - HODGSON REALTY INC.
Cooling-Other
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-end of December
Neighbourhood-South K
Title-Residential Freehold

No agent assigned

Welcome to this lovely two-storey detached vacant land condo in desirable Byron, offering a rare combination of privacy, outdoor living and exceptional walkability! Tucked into a beautiful setting with mature trees behind, the private backyard features composite decking and a wonderful outdoor living space, perfect for barbecuing, entertaining or simply relaxing.Inside, a welcoming open-concept design features a well-appointed kitchen with ample cabinetry, granite countertops, upgraded appliances and a generous dining area with a walkout to the backyard. The adjoining great room offers a cozy fireplace and lovely natural light, creating an inviting space for everyday living. A convenient powder room completes the main level.Upstairs, you'll find three generously sized bedrooms, including a spacious primary retreat with its own ensuite featuring a frameless glass shower. A second full bathroom serves the additional bedrooms, while a separate study nook with built-in desk provides the perfect spot for working from home or studying. The finished lower level offers a spacious family room, ideal for movie nights, entertaining or giving kids and teenagers their own space, along with a two-piece bathroom and additional storage. A double-car garage adds everyday convenience, but what truly sets this home apart is its location! Enjoy the rare ability to walk to groceries, restaurants, pharmacies and everyday amenities, something not easily found in London. Byron is one of London's most coveted neighbourhoods, known for its excellent schools, village atmosphere and proximity to Boler Mountain, Springbank Park, the Thames Valley Parkway trails and nearby golf courses. Easy access to the 400-series highways and all the conveniences of southwest London completes the package. Beautifully situated, easy to maintain and ready to enjoy, this is a wonderful place to call home!

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

Closing Costs

Mortgage Amount
$551,200
Land Transfer Taxes$10,255
Legal Fees (Est.)
$
Total cash required for closing$149,555

Total Monthly Obligation

$3,600/mo
Mortgage $2,779
Monthly Loss $2,869
Principal$731
Interest$2,048
Property Tax$446
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.7%2
5-Year IRR
10.4%38
10-Year IRR
10.9%
Returns Index
20.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$36,984/yr
NOI
$23,438/yr
Net Cash Flow
-$826/mo
Cash Margin
-26.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.9/ 100

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

Comparables

Properties near 2615 Colonel Talbot Road 8

Time

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