480 CALLAWAY Road 906, London North

$739,900
480 CALLAWAY Road 906

$739,900

New
23d
Condo ApartmentApartment

480 CALLAWAY Road 906, London North

Total Monthly Obligation $4,266

Bed+Den
3+1
Baths
2
Park
2
Sqft
1400-1599
DOM
23d
Score
16
Yield
4.9%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Condo Apartment
MLS® Number-X13842432
Bed+Den-3+1
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$5,250.42 (2026)
Maintenance-$644.3/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL ONE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Roof-Unknown
Possession-TBA
Neighbourhood-North R
Title-Residential Condo & Other

No agent assigned

Gorgeous Corner Unit at NorthLink II by TRICAR off Sunningdale and Golf Club featuring 2 Bedrooms and a separate Den with French Door that works as a perfect home office ( or used as third Bedroom) , 1570+150+50 Sqf., 2 full bathroom, and Laundry with 2 Underground parking spots and a Storage Locker. This is ACCESSIBLE / BARIER FREE suite. High ceilings with engineered hardwood and pot lights. Spacious living room with chic electric fireplace and Dining room. Beautiful kitchen features modern fine cabinetry, upgraded quartz countertops and elegant backsplash with ceramic floors in all wet areas. Contemporary S/S Kitchen Exhaust Fan. Sun-filled spacious Living with floor-to-ceiling door opens to a large balcony overlooking the yard area, golf course, breath-taking scenic view from Spring to Winter . Lexury amenities such as: Party Room with kitchen, Fitness room, golf simulator, residence lounge, guest suite, security system, billiards room and outdoor tennis/ pickal ball courts with ample visitor parking. Close to CF Masonville Place, University Hospital, and Western University; Many restaurants and shopping with transit public transportation in the area. Building offers energy efficient central heating and cooling with programmable thermostat in each unit. Central Humidity Controled for Comfirt living quality; Much more

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

Closing Costs

Mortgage Amount
$591,920
Land Transfer Taxes$11,273
Legal Fees (Est.)
$
Total cash required for closing$160,753

Total Monthly Obligation

$4,266/mo
Mortgage $2,985
Monthly Loss $3,481
Principal$785
Interest$2,199
Property Tax$438
Condo Fees$644
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.5%16
10-Year IRR
8.0%
Returns Index
9.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$36,072/yr
NOI
$17,083/yr
Net Cash Flow
-$1,561/mo
Cash Margin
-51.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.4/ 100

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

Comparables

Properties near 480 CALLAWAY Road 906

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.