1415 Commissioners Road W 32, London South

$439,000
1415 Commissioners Road W 32

$439,000

New
7d
Condo Townhouse2-Storey

1415 Commissioners Road W 32, London South

Total Monthly Obligation $2,724

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
1200-1399
DOM
7d
Score
22
Yield
6.9%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Condo Townhouse
MLS® Number-X14088936
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$3,085 (2025)
Maintenance-$496/mo
Locker-None
Parking-2 - None
Basement-Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Brick Veneer, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-FLEXIBLE
Neighbourhood-South B
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 32 at 1415 Commissioners Road West. This impeccably maintained 2 bedroom, 2 bathroom end unit was renovated with beautiful hardwood floors throughout the main level. The entrance leads to an updated kitchen with eat in area as well as an open living/dining room with plenty of windows and natural light. Enjoy the gas fireplace this season and benefit from fresh air through the patio doors leading to your exclusive wooden deck looking onto a small woods. Upstairs you'll find 2 large bedrooms (was 3 beds & could be reverted). The basement is finished with a recreation room and makes for the perfect movie room or additional sleeping area for guests. Benefit from 2 exclusive parking spaces directly in front of the unit. Convenience doesn't get much better than this. Situated in the heart of Byron village, this location offers a community with all of the retail, dining, medical, trails, parks, community centres and transit amenities you could want. Minutes to Thames River, Springbank Park, Storybook Gardens and Byron Northview PS, this property is well positioned and well thought out.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$351,200
Land Transfer Taxes$5,255
Legal Fees (Est.)
$
Total cash required for closing$94,555

Total Monthly Obligation

$2,724/mo
Mortgage $1,771
Monthly Loss $2,258
Principal$466
Interest$1,305
Property Tax$257
Condo Fees$496
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.2%44
10-Year IRR
11.7%
Returns Index
22.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$30,108/yr
NOI
$15,660/yr
Net Cash Flow
-$466/mo
Cash Margin
-18.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
29.9/ 100

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

Comparables

Properties near 1415 Commissioners Road W 32

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.