858 COMMISSIONERS Road E 1005, London South

$318,800
858 COMMISSIONERS Road E 1005

$318,800

Price Change
75d
Condo ApartmentOther

858 COMMISSIONERS Road E 1005, London South

Total Monthly Obligation $2,135

Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
75d
Score
21
Yield
7.0%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Condo Apartment
MLS® Number-X13655072
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Aug 9, 2026
Style-Other
Building Type-Condo Apartment
Age-31-50
Taxes-$2,072.53 (2026)
Maintenance-$476.5/mo
Locker-None
Parking-1 - Surface
Basement-None
Heating-Forced Air (Electric)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Roof-Flat
Possession-IMMDT
Neighbourhood-South H
Title-Residential Condo & Other

No agent assigned

**Perfect for Students, First-Time Buyers & Smart Investors!**Looking for an affordable, move-in-ready home in a prime location? This beautifully updated **2-bedroom, 1-bathroom condominium** is an exceptional opportunity for **students, first-time buyers, healthcare professionals, downsizers, and investors**.Located just minutes from **Victoria Hospital**, public transit, shopping, restaurants, parks, and with quick access to **Highway 401**, this condo offers both convenience and long-term value. Its location also makes it an excellent choice for students and professionals seeking an easy commute and low-maintenance living. Step inside to a bright, open-concept living and dining area that flows seamlessly onto a private balcony with beautiful city views-the perfect spot to enjoy your morning coffee or unwind after a long day. The modern galley kitchen offers generous cabinetry and functional workspace, making everyday cooking effortless. Thoughtfully updated with **luxury vinyl plank flooring, contemporary lighting, and a beautifully renovated bathroom featuring a spacious walk-in shower**, this home is completely move-in ready with nothing left to do. Both bedrooms are generously sized, offering flexibility for a growing family, roommates, overnight guests, or a dedicated home office. Whether you're purchasing your first home, searching for a comfortable place while attending school, adding to your investment portfolio, or looking to downsize without compromising on style or location, this exceptional condo is one you won't want to miss.

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

Closing Costs

Mortgage Amount
$255,040
Land Transfer Taxes$3,257
Legal Fees (Est.)
$
Total cash required for closing$68,517

Total Monthly Obligation

$2,135/mo
Mortgage $1,286
Monthly Loss $1,797
Principal$338
Interest$948
Property Tax$173
Condo Fees$477
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.5%32
10-Year IRR
10.4%
Returns Index
16.9/ 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
$22,200/yr
NOI
$9,789/yr
Net Cash Flow
-$470/mo
Cash Margin
-25.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
34.3/ 100

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

Comparables

Properties near 858 COMMISSIONERS Road E 1005

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.