2058 WESTPOINT Heights, London South

$849,900
2058 WESTPOINT Heights

$849,900

New
4d
Detached2-Storey

2058 WESTPOINT Heights, London South

Total Monthly Obligation $4,395

Beds
4
Baths
4
Park
4
Sqft
2000-2500
DOM
4d
Score
18
Yield
4.9%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X14094508
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-49.34 × 115.13 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,098.43 (2026)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles, Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South V
Title-Residential Freehold

No agent assigned

Welcome home to this beautifully finished 2 storey in lovely Lambeth, offering 3 bedrooms up plus a fourth in the lower level, 4 bathrooms and a 2 car garage with a full mudroom off the garage entry to keep everyday coming and going organized. Engineered hickory hardwood flows through the main floor, connecting a large dining room and a kitchen complete with stainless steel appliances including a gas stove, a custom built in pantry, and an island big enough for entertaining. Upstairs, the primary suite offers an ensuite with double sinks, a tiled shower and a jacuzzi tub to soak your stress away, joined by two more bedrooms that both have large closets, a flex space above the entrance that works beautifully as an office or a cozy reading spot, and a convenient second floor laundry room. The finished lower level adds the fourth bedroom, a rec room, an office nook, a powder room, a cold room and plenty of storage, giving the whole family space to spread out. Step outside to a landscaped backyard framed by trees that hold their canopy right through the winter for privacy in every season, complete with a fully fenced yard, an inground irrigation system, a natural gas line for your BBQ, and a stamped concrete patio ready for all your summer parties. Updates include the newly updated kitchen with custom built in pantry, a new custom front door package, air conditioning (2022), and added insulation. Close to major roads, highways, shopping and schools.

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

Closing Costs

Mortgage Amount
$679,920
Land Transfer Taxes$13,473
Legal Fees (Est.)
$
Total cash required for closing$184,953

Total Monthly Obligation

$4,395/mo
Mortgage $3,428
Monthly Loss $3,493
Principal$902
Interest$2,526
Property Tax$592
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.8%
Returns Index
15.7/ 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
$41,544/yr
NOI
$25,791/yr
Net Cash Flow
-$1,279/mo
Cash Margin
-36.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
20.1/ 100

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

Comparables

Properties near 2058 WESTPOINT Heights

Time

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