355 Sandringham Crescent 33, London South

$419,900
355 Sandringham Crescent 33

$419,900

New
2d
Condo Townhouse2-Storey

355 Sandringham Crescent 33, London South

Total Monthly Obligation $2,429

Bed+Den
5+2
Baths
2
Park
1
Sqft
1200-1399
DOM
2d
Score
25
Yield
7.0%
Cash on Cash
2.6%
Cap Rate
5.1%
5Y IRR
17.7%
10Y IRR
16.3%
Property Type-Condo Townhouse
MLS® Number-X14102438
Bed+Den-5+2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$2,397 (2025)
Maintenance-$334.99/mo
Locker-None
Parking-1 - None
Basement-Development Potential, Finished, Full
Heating-Forced Air (Gas)
Brokerage-SAKER REALTY CORPORATION
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Immediate
Neighbourhood-South R
Title-Residential Condo & Other

No agent assigned

Designer-finished end unit backing onto mature greenery, with no rear neighbours in sight. This is not your typical townhouse. Professionally renovated from top to bottom, the main floor was completely opened up to create a bright, seamless layout that delivers a luxury feel at an attainable price point. Step inside and you'll immediately be drawn to the stunning island kitchen, featuring quartz countertops, black and gold fixtures, a slab backsplash and a custom range hood. From there, your eye is naturally pulled to the striking Iron Ore shiplap fireplace, that anchors the living space. Whether you're entertaining around the island or relaxing in front of the TV above the fireplace, the open-concept design offers uninterrupted sightlines throughout the entire main floor. Large front and rear windows flood the home with natural light, while the backyard showcases peaceful, mature greenery. The main level is finished with durable luxury vinyl plank flooring that is both waterproof and scratch resistant. Another rare bonus at this price point is the stylish beverage centre, complete with quartz countertops, additional storage and a designer flush-mount light. The matching powder room carries the same upscale finishes found throughout the home. Upstairs, the spacious primary bedroom easily accommodates a king-sized bed and features two closets. The beautifully updated full bathroom offers a wood-grain vanity, quartz countertop, and black fixtures. Two additional bedrooms provide plenty of space for family, guests, or a home office. The finished lower level creates a second living area, perfect for a family room, kids' play space or media room. Outside, enjoy a private patio with fencing, backing onto mature trees for exceptional privacy. The updates extend well beyond the cosmetics, with a new furnace (2026), A/C (2026) and a 125-amp breaker panel. This home truly shows even better in person, book your private showing today.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$335,920
Land Transfer Taxes$4,873
Legal Fees (Est.)
$
Total cash required for closing$90,353

Total Monthly Obligation

$2,429/mo
Mortgage $1,694
Monthly Loss $1,983
Principal$446
Interest$1,248
Property Tax$200
Condo Fees$335
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.9%4
5-Year IRR
13.5%61
10-Year IRR
13.5%
Returns Index
31.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$29,508/yr
NOI
$17,740/yr
Net Cash Flow
-$215/mo
Cash Margin
-8.8%1
Cash Flow Index
0.9/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
34.7/ 100

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

Comparables

Properties near 355 Sandringham Crescent 33

Time

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