931 Wonderland Road S 302, London South

$265,000
931 Wonderland Road S 302

$265,000

New
9d
Condo ApartmentApartment

931 Wonderland Road S 302, London South

Total Monthly Obligation $2,041

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
9d
Score
21
Yield
8.3%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.9%
Property Type-Condo Apartment
MLS® Number-X14034594
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$1,878 (2025)
Maintenance-$616/mo
Locker-None
Parking-1 - Surface
Basement-None
Heating-Baseboard (Gas)
Brokerage-OAK AND KEY REAL ESTATE BROKERAGE, INC.
Cooling-Window Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Poured Concrete
Possession-Flexible after December 15, 2026
Neighbourhood-South M
Title-Residential Condo & Other

No agent assigned

Affordable, all-inclusive living in desirable Westmount. This 2 bedroom, 1.5 bath condo offers a bright, functional layout with a spacious living room that walks out to an open balcony, a separate dining area and a kitchen with dishwasher and walk in pantry. The primary bedroom features a walk-in closet with its own washer and a 2 piece ensuite, plus a full 4 piece main bath and a generous second bedroom. Condo fees of $616/month cover heat, hydro, water and one assigned parking space, making budgeting simple. Residents enjoy an outdoor pool, tennis court, playground, and park-like grounds, with visitor parking for guests. Minutes from Westmount Shopping Centre, grocery stores, the Bostwick YMCA, LTC transit and quick access to Highways 401 and 402. A great fit for first-time buyers, downsizers or investors.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$212,000
Land Transfer Taxes$2,450
Legal Fees (Est.)
$
Total cash required for closing$56,950

Total Monthly Obligation

$2,041/mo
Mortgage $1,069
Monthly Loss $1,760
Principal$281
Interest$788
Property Tax$157
Condo Fees$616
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.7%33
10-Year IRR
10.7%
Returns Index
17.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$22,008/yr
NOI
$8,137/yr
Net Cash Flow
-$391/mo
Cash Margin
-21.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo79
Risk Index
35.2/ 100

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

Comparables

Properties near 931 Wonderland Road S 302

Time

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