1030 Coronation Drive 602, London North

$419,900
1030 Coronation Drive 602

$419,900

New
18d
Condo ApartmentApartment

1030 Coronation Drive 602, London North

Total Monthly Obligation $2,932

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
18d
Score
16
Yield
5.7%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Condo Apartment
MLS® Number-X13862060
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$4,325 (2025)
Maintenance-$677.73/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-PC275 REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Concrete
Roof-Flat
Foundation-Other
Possession-Flexible
Neighbourhood-North I
Title-Residential Condo & Other

No agent assigned

Welcome to luxury living in coveted Hyde Park! With a modern, open concept layout, this 2 bedroom design with in-suite laundry and a primary bedroom ensuite bathroom, has everything you might ask for. A spacious, gourmet kitchen impresses upon arrival with sit up bar overlooking family room with electric fireplace, and sliding doors to balcony. Very bright and spacious with southern exposure. All appliances included. Exclusive, underground parking for your security is included as well as outdoor visitor parking for visiting friends and family. Shopping, schools, and parks are all within walking distance.

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

Closing Costs

Mortgage Amount
$335,920
Land Transfer Taxes$4,873
Legal Fees (Est.)
$
Total cash required for closing$90,353

Total Monthly Obligation

$2,932/mo
Mortgage $1,694
Monthly Loss $2,486
Principal$446
Interest$1,248
Property Tax$360
Condo Fees$678
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.2%0
5-Year IRR
4.1%9
10-Year IRR
6.4%
Returns Index
5.5/ 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
$23,856/yr
NOI
$6,613/yr
Net Cash Flow
-$1,143/mo
Cash Margin
-57.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.332
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
25.5/ 100

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

Comparables

Properties near 1030 Coronation Drive 602

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.