92 Salem Court, London South

$774,900
92 Salem Court

$774,900

New
24d
Detached2-Storey

92 Salem Court, London South

Total Monthly Obligation $3,951

HausQ Valuation Report
Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
24d
Score
19
Yield
5.1%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-X13838812
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-54.23 × 110.14 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,398 (2025)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Wood
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-South M
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated two-storey family home, nestled on a quiet court in a highly sought-after neighbourhood. Offering 4 spacious bedrooms, 3 bathrooms, and a double-car garage, this move-in-ready home combines modern updates with exceptional family living. The renovated kitchen serves as the heart of the home, complemented by updated bathrooms, new flooring throughout the main and second levels, and an inviting family room with a cozy fireplace. Formal living and dining rooms provide the perfect space for entertaining. Upstairs, the spacious primary bedroom features a private 3-piece ensuite, while three additional bedrooms offer plenty of room for family or guests. The finished basement adds versatile living space with two recreation areas, ideal for a home theatre, gym, playroom, or home office. Outside, enjoy beautifully landscaped gardens and a brand-new deck, perfect for relaxing or entertaining. Located on a peaceful, low-traffic court, this exceptional home offers comfort, style, and space in a fantastic family-friendly setting.

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

Closing Costs

Mortgage Amount
$619,920
Land Transfer Taxes$11,973
Legal Fees (Est.)
$
Total cash required for closing$168,453

Total Monthly Obligation

$3,951/mo
Mortgage $3,126
Monthly Loss $3,128
Principal$823
Interest$2,303
Property Tax$450
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.0%35
10-Year IRR
10.6%
Returns Index
18.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$39,348/yr
NOI
$25,515/yr
Net Cash Flow
-$999/mo
Cash Margin
-30.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
22.1/ 100

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

Comparables

Properties near 92 Salem Court

Time

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