1030 Coronation Drive 1305, London North

$359,900
1030 Coronation Drive 1305

$359,900

New
22d
Condo ApartmentApartment

1030 Coronation Drive 1305, London North

Total Monthly Obligation $2,473

Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
22d
Score
17
Yield
5.7%
Cash on Cash
-9.0%
Cap Rate
2.6%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Condo Apartment
MLS® Number-X13849822
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,588 (2025)
Maintenance-$522/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER POWER REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Family Room, Electric
Pool-None
Exterior-Concrete
Possession-closing might be flexible
Neighbourhood-North I
Title-Residential Condo & Other

No agent assigned

ONE BEDROOM PLUS DEN in much sought after location. Northcliff (in North West London).. Quality built by Tricar with open concept layout, oversized windows and 9 foot ceilings. You will love the North-NW exposure to see the sunsets and storms rolling in. Meticulously kept throughout with neutral tones, large working kitchen with wrap around granite counter and expansive breakfast bar overlooking living room with electric fireplace and large glass balcony off living room. Extra storage room, in-suite laundry, luxury vinyl floors throughout. One underground parking spot included. Fantastic building amenities including: media room, games room, fitness centre, library and guest suites.

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

Closing Costs

Mortgage Amount
$287,920
Land Transfer Taxes$3,874
Legal Fees (Est.)
$
Total cash required for closing$77,354

Total Monthly Obligation

$2,473/mo
Mortgage $1,452
Monthly Loss $2,091
Principal$382
Interest$1,070
Property Tax$299
Condo Fees$522
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.4%0
5-Year IRR
4.7%10
10-Year IRR
6.8%
Returns Index
6.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$20,604/yr
NOI
$6,292/yr
Net Cash Flow
-$927/mo
Cash Margin
-54.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
29.5/ 100

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

Comparables

Properties near 1030 Coronation Drive 1305

Time

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Data last updated within the past 24 hours.