1990 Wavell Street 67, London East

$389,000
1990 Wavell Street 67

$389,000

New
24d
Common Element Condo3-Storey

1990 Wavell Street 67, London East

Total Monthly Obligation $2,318

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
24d
Score
28
Yield
7.7%
Cash on Cash
4.9%
Cap Rate
5.6%
5Y IRR
19.5%
10Y IRR
17.8%
Property Type-Common Element Condo
MLS® Number-X13838664
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 29, 2026
Style-3-Storey
Building Type-Common Element Condo
Age-31-50
Taxes-$2,300 (2025)
Maintenance-$357/mo
Locker-None
Parking-2 - Attached
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-THE REALTY FIRM INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Possession-Flexible
Neighbourhood-East I
Title-Residential Condo & Other

No agent assigned

Welcome to 67-1990 Wavell Street, a stylish three-level townhome nestled in a desirable East London enclave just steps from Argyle Mall, restaurants, and everyday amenities. Located only moments from Argyle Arena, Clarke Road Secondary School, and several excellent schools, this home offers comfortable, designer-inspired living in a well-maintained community of proud homeowners. Commuters will appreciate the quick access to Veterans Memorial Parkway and Highway 401, while nearby parks, playgrounds, transit, and the library add to the home's everyday convenience.The walkout lower level opens to a private patio surrounded by mature trees, creating a peaceful, park-like setting. Guest parking is conveniently located just beyond the backyard, making it ideal for visiting family and friends. The main floor is thoughtfully designed with a spacious living room, convenient two-piece bathroom, and laundry area just off the kitchen. The modern kitchen features upgraded appliances and flows seamlessly into the bright dining area, where oversized windows fill the space with natural light. A cozy gas fireplace serves as the focal point of the living area, providing warmth and ambiance throughout the colder months. Upstairs, you'll find three generously sized bedrooms, offering plenty of space for families, guests, or a home office. Combining comfort, style, and an unbeatable location, this attractive East London townhome is an excellent opportunity for first-time buyers, families, or anyone seeking low-maintenance living close to everything.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$311,200
Land Transfer Taxes$4,310
Legal Fees (Est.)
$
Total cash required for closing$83,610

Total Monthly Obligation

$2,318/mo
Mortgage $1,569
Monthly Loss $1,905
Principal$413
Interest$1,156
Property Tax$192
Condo Fees$357
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.6%34
Cash-on-Cash
-1.0%6
5-Year IRR
15.1%71
10-Year IRR
14.7%
Returns Index
37.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$30,000/yr
NOI
$18,016/yr
Net Cash Flow
-$68/mo
Cash Margin
-2.7%3
Cash Flow Index
2.8/ 100
Risk Profile
Weight: 20%
DSCR
0.9624
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
37.5/ 100

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

Comparables

Properties near 1990 Wavell Street 67

Time

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Data last updated within the past 24 hours.