15 Winship Close, London South

$889,900
15 Winship Close

$889,900

New
18d
Detached2-Storey

15 Winship Close, London South

Total Monthly Obligation $4,493

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
18d
Score
17
Yield
4.4%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Detached
MLS® Number-X13862986
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-50.13 × 326.73 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,337 (2025)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS LIFESTYLES
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Inground
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South S
Title-Residential Freehold

No agent assigned

326 FOOT LOT!! Rarely does a home like this come to market in Westminster Heights! Situated in one of London's most mature and established neighbourhoods, this exceptional 3+1 bedroom, 3.5 bathroom home offers an incredible combination of space, privacy, and resort-style living. Set on a double lot backing onto serene greenspace, this property is surrounded by mature trees offering a peaceful backyard retreat that is truly hard to find in London. The bright and inviting main level features a show stopping kitchen with a double-wide island, abundant natural light, expansive dining area, family room, and plenty of space to host and entertain friends and family alike. The 3-level addition (2012) provides additional living space on each level of the home for the entire family. Upstairs, retreat to the spacious primary bedroom featuring a private balcony overlooking the backyard - the perfect spot for your morning coffee. The luxurious ensuite is your own personal spa, complete with a steam shower, heated flooring, and soaker tub. Completing the upper level are two additional bedrooms, a 4-piece bathroom, and upstairs laundry - adding to everyday convenience. The fully finished lower level offers even more flexibility with a spacious recreation room and bar, workout room, utility room, and your fourth bedroom - perfect for guests, teenagers, or a home office. Outside, your private backyard oasis awaits! Enjoy summer days lounging beside the in-ground pool, unwind in the hot tub, and entertain in the fully fenced yard while taking in the peaceful luxury of no back neighbours! Completing the exterior is a double-wide paved driveway, attached garage, and curb appeal that will immediately draw you in! Located within walking distance to elementary schools, high schools, trails, parks, and amenities. Don't delay, book your showing today!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$711,920
Land Transfer Taxes$14,273
Legal Fees (Est.)
$
Total cash required for closing$193,753

Total Monthly Obligation

$4,493/mo
Mortgage $3,590
Monthly Loss $3,548
Principal$945
Interest$2,645
Property Tax$528
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.0%23
10-Year IRR
9.0%
Returns Index
12.8/ 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
$39,276/yr
NOI
$24,511/yr
Net Cash Flow
-$1,547/mo
Cash Margin
-47.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo34
Risk Index
19.3/ 100

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

Comparables

Properties near 15 Winship Close

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.