474 Southdale Road E 28, London South

$360,000
474 Southdale Road E 28

$360,000

New
25d
Condo Townhouse2-Storey

474 Southdale Road E 28, London South

Total Monthly Obligation $2,252

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
25d
Score
29
Yield
8.2%
Cash on Cash
5.6%
Cap Rate
5.8%
5Y IRR
20.0%
10Y IRR
18.3%
Property Type-Condo Townhouse
MLS® Number-X13837514
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$1,934.36 (2026)
Maintenance-$439/mo
Locker-None
Parking-1 - None
Basement-Full, Finished
Heating-Forced Air (Electric)
Brokerage-CENTURY 21 GREEN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete Poured, Brick
Possession-Flexible
Neighbourhood-South Q
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully updated 3-bedroom, condo townhouse in highly sought-after London South! Perfect for first-time buyers, families, or investors. The bright, open-concept main floor features a spacious living area with large windows pouring in natural light. The kitchen boasts modern cabinetry and stainless steel appliances. Three generous bedrooms upstairs include a large primary retreat with ample closet space with New Hardwood flooring. Step outside to your private, fully fenced patio area-ideal for summer BBQs. Unbeatable location just minutes to White Oaks Mall, top-rated schools, parks, and fast access to Hwy 401/402. Move in ready!

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

Closing Costs

Mortgage Amount
$288,000
Land Transfer Taxes$3,875
Legal Fees (Est.)
$
Total cash required for closing$77,375

Total Monthly Obligation

$2,252/mo
Mortgage $1,452
Monthly Loss $1,870
Principal$382
Interest$1,070
Property Tax$161
Condo Fees$439
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.6%7
5-Year IRR
15.4%73
10-Year IRR
15.0%
Returns Index
38.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
29/ 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
$29,484/yr
NOI
$16,933/yr
Net Cash Flow
-$41/mo
Cash Margin
-1.7%3
Cash Flow Index
3.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9725
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
38.5/ 100

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

Comparables

Properties near 474 Southdale Road E 28

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.

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

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Data last updated within the past 24 hours.