1625 Purser Street 31, London East

$464,900
1625 Purser Street 31

$464,900

New
25d
Condo Townhouse2-Storey

1625 Purser Street 31, London East

Total Monthly Obligation $2,695

HausQ Valuation Report
Beds
3
Baths
3
Park
2
Sqft
1200-1399
DOM
25d
Score
23
Yield
6.6%
Cash on Cash
0.6%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Condo Townhouse
MLS® Number-X13842724
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,386 (2025)
Maintenance-$338/mo
Locker-None
Parking-2 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-LONDON LIVING REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-East D
Title-Residential Condo & Other

No agent assigned

Welcome to your new HOME!! beautifully updated 2-storey townhome, located in a well-managed condominium community. Offering 3 bedrooms and 2.5 bathrooms, this move-in-ready home has been freshly painted from top to bottom and features numerous updates throughout.The renovated kitchen is a standout, featuring quartz countertops, new flooring, and brand-new appliances including a stove, refrigerator, dishwasher, microwave, and range hood. The bright and functional layout offers comfortable living and dining spaces, ideal for everyday living and entertaining.Upstairs, you'll find three well-appointed bedrooms and a full bathroom. The partially finished basement provides valuable additional living space and includes a convenient 3-piece bathroom, laundry area, and ample storage.With extensive updates, a practical layout, and the benefits of a well-managed condominium community, this townhome offers an excellent opportunity for first-time buyers, families, or investors. Move in, unpack, and enjoy!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$371,920
Land Transfer Taxes$5,773
Legal Fees (Est.)
$
Total cash required for closing$100,253

Total Monthly Obligation

$2,695/mo
Mortgage $1,875
Monthly Loss $2,202
Principal$493
Interest$1,382
Property Tax$282
Condo Fees$338
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%25
Cash-on-Cash
-4.6%3
5-Year IRR
12.2%51
10-Year IRR
12.4%
Returns Index
26.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$30,852/yr
NOI
$17,925/yr
Net Cash Flow
-$382/mo
Cash Margin
-14.8%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo61
Risk Index
31.0/ 100

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

Comparables

Properties near 1625 Purser Street 31

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.

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Data last updated within the past 24 hours.