3900 Savoy Street 197, London South

$454,900
3900 Savoy Street 197

$454,900

New
22d
Condo TownhouseStacked Townhouse

3900 Savoy Street 197, London South

Total Monthly Obligation $2,645

Beds
2
Baths
3
Park
2
Sqft
1400-1599
DOM
22d
Score
22
Yield
6.3%
Cash on Cash
-1.1%
Cap Rate
4.3%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Condo Townhouse
MLS® Number-X13855902
Beds-2
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 1, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$3,696.92 (2026)
Maintenance-$301.78/mo
Locker-None
Parking-2 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-IMMEDIATE
Neighbourhood-South V
Title-Residential Condo & Other

No agent assigned

Looking for modern condo? Welcome to this beautifully designed 2-bedroom, 2.5-bathroom stacked townhome in the sought-after Foxwood Crossing community in lovely Lambeth! Offering over 1,500 sq. ft. of stylish living space, this contemporary home features a bright, open-concept layout with quality finishes and plenty of natural light throughout. The second level is the heart of the home, featuring a spacious open-concept kitchen, dining, and living area. The modern kitchen is complete with stainless steel appliances, stone countertops, and a large island, creating the perfect space for everyday living and entertaining. The bright living room features a Juliet balcony, adding to the home's airy and open feel. Upstairs, you'll find two spacious bedrooms, each offering its own private ensuite bathroom. The primary bedroom features a generous walk-in closet and a stylish 3-piece ensuite, while the second bedroom also includes a walk-in closet and 4-piece ensuite. Convenient upper-level laundry adds to the home's functionality. Love to entertain or enjoy your morning coffee outdoors? The private rooftop terrace (499 sq ft) overlooks the neighbourhood and provides the perfect setting for summer gatherings, evening drinks, or a quiet start to the day. Additional features include large windows with modern black interior vinyl finishes, luxury vinyl plank flooring, neutral designer tones, and two parking spaces (54&95) situated on condo entrance side, no need to go around building to access entrance. Included appliances are the refrigerator, stove, dishwasher, built-in microwave, washer, and dryer. Ideally located close to shopping, schools, the community centre, and library, with easy access to both Highway 401 and Highway 402,Amazon facility, Future EV factory in St Thomas and proposed Mega Walmart Centre minutes away, this home offers the perfect combination of modern style, convenience, and low-maintenance living.

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Closing Costs

Mortgage Amount
$363,920
Land Transfer Taxes$5,573
Legal Fees (Est.)
$
Total cash required for closing$98,053

Total Monthly Obligation

$2,645/mo
Mortgage $1,835
Monthly Loss $2,162
Principal$483
Interest$1,352
Property Tax$308
Condo Fees$302
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.9%42
10-Year IRR
11.4%
Returns Index
21.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$28,500/yr
NOI
$15,932/yr
Net Cash Flow
-$507/mo
Cash Margin
-21.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
30.4/ 100

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

Comparables

Properties near 3900 Savoy Street 197

Time

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