389 Dundas Street 904, London East

$189,999
389 Dundas Street 904

$189,999

New
25d
Condo ApartmentApartment

389 Dundas Street 904, London East

Total Monthly Obligation $1,945

Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
25d
Score
22
Yield
11.6%
Cash on Cash
0.6%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Condo Apartment
MLS® Number-X13834380
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,899.82 (2026)
Maintenance-$820.45/mo
Locker-Common
Parking-1 - Underground
Basement-None
Heating-Forced Air (Other)
Brokerage-THRIVE REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-East K
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 904 at 389 Dundas Street, offering 797 sq. ft. of bright, functional living space in the heart of downtown London. This spacious one-bedroom, one-bathroom condo features an open-concept living and dining area with large windows, warm flooring and plenty of natural light, along with a crisp white kitchen featuring ample cabinetry and a subway tile backsplash. The generous primary bedroom offers great closet space, while the balcony extends the living space and provides sweeping views over the city. With a functional layout and plenty of potential to make the space your own, this is a great option for first-time buyers, downsizers or investors. Located right downtown, you're just steps from restaurants, cafés, entertainment, transit and everyday amenities, making it easy to enjoy the best of the city without getting in the car. Residents also have access to an impressive range of building amenities, including secure entry, an indoor pool, sauna, fitness room, party room and rooftop terrace. Condo fees include heat, hydro, water, air conditioning, cable and internet, keeping monthly expenses simple and predictable. An affordable opportunity to get into the market with plenty of space, great amenities and downtown convenience all in one.

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

Closing Costs

Mortgage Amount
$151,999
Land Transfer Taxes$1,625
Legal Fees (Est.)
$
Total cash required for closing$41,125

Total Monthly Obligation

$1,945/mo
Mortgage $766
Monthly Loss $1,743
Principal$202
Interest$565
Property Tax$158
Condo Fees$820
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
9.7%33
10-Year IRR
11.1%
Returns Index
17.3/ 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
$21,948/yr
NOI
$5,608/yr
Net Cash Flow
-$299/mo
Cash Margin
-16.4%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
35.9/ 100

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

Comparables

Properties near 389 Dundas Street 904

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.