23 Alayne Crescent, London South

$559,990
23 Alayne Crescent

$559,990

New
21d
DetachedBacksplit 3

23 Alayne Crescent, London South

Total Monthly Obligation $2,944

Beds
3
Baths
2
Park
5
Sqft
1100-1500
DOM
21d
Score
21
Yield
5.5%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Detached
MLS® Number-X13857696
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-48.78 × 98.07 ft
Listed on site-Oct 2, 2026
Style-Backsplit 3
Building Type-Detached
Age-31-50
Taxes-$3,722 (2025)
Parking-5 - Carport
Basement-Full
Heating-Forced Air (Electric)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-South X
Title-Residential Freehold

No agent assigned

Welcome home to this fully renovated, light-filled 3-bedroom backsplit, perfectly crafted for warm everyday living and effortless entertaining. Tucked away on a quiet, tree-lined street in a highly desirable neighborhood, this charming residence opens into a bright, inviting kitchen and dining area alongside generously sized bedrooms and a neatly appointed main bath. The centerpiece of the home is a spectacular lower-level family room complete with a cozy space, custom built-ins, and the rare bonus of a spacious, private backyard ready for outdoor fun. Enjoy exceptional day-to-day convenience with ample parking and a short stroll to local schools, parks, White Oaks Mall, while commuters will appreciate being just minutes from the 401/402 highways and a quick drive down Colonel Talbot to Port Stanley. Offering incredible space, character, and flexible closing options, this must-see home is truly a rare find that won't last long!

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

Closing Costs

Mortgage Amount
$447,992
Land Transfer Taxes$7,675
Legal Fees (Est.)
$
Total cash required for closing$121,173

Total Monthly Obligation

$2,944/mo
Mortgage $2,259
Monthly Loss $2,350
Principal$594
Interest$1,664
Property Tax$310
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.7%40
10-Year IRR
11.1%
Returns Index
21.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$30,756/yr
NOI
$19,458/yr
Net Cash Flow
-$637/mo
Cash Margin
-24.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
28.0/ 100

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

Comparables

Properties near 23 Alayne Crescent

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.