272 Homestead Court N 101, London North

$399,000
272 Homestead Court N 101

$399,000

New
15d
Condo Townhouse2-Storey

272 Homestead Court N 101, London North

Total Monthly Obligation $2,554

HausQ Valuation Report
Bed+Den
4+1
Baths
3
Park
2
Sqft
1200-1399
DOM
15d
Score
18
Yield
5.6%
Cash on Cash
-7.1%
Cap Rate
3.0%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Townhouse
MLS® Number-X13881830
Bed+Den-4+1
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,280 (2026)
Maintenance-$555/mo
Locker-None
Parking-2 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP PREFERRED REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-North F
Title-Residential Condo & Other

No agent assigned

Welcome to 272 Homestead Cres! This Cozy and Spacious 3+1 bedroom 2.5 bathroom unit with finished basement has been well looked after and has numerous updates throughout including flooring, new furnace/AC (2018), New Counter tops, and recently updated roof, windows (2024), & some appliances. Street facing unit with view of trees and private/ fenced rear yard. The Condo Fee includes Water/ Sewerage charges , landscaping, snow removal,also included are 2 Parking Spaces (assigned). This is a great and affordable chance to get into the sought after NW London location just a few steps from the Sherwood Forest Mall (across the street) with all of its amenities including Grocery store, Fitness Centre, Restaurants, Banks, Shopping, bus stop and much more. The Elementary, and High schools are just as short of a distance with University Of Western & UH within 8-10 mins drive. This location has all the potential for first time buyers and the Investors looking for great income properties.Move in and enjoy!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,554/mo
Mortgage $1,609
Monthly Loss $2,131
Principal$424
Interest$1,186
Property Tax$190
Condo Fees$555
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
6.3%15
10-Year IRR
7.9%
Returns Index
8.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$22,380/yr
NOI
$8,802/yr
Net Cash Flow
-$876/mo
Cash Margin
-47.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
29.1/ 100

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

Comparables

Properties near 272 Homestead Court N 101

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.

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Data last updated within the past 24 hours.