51 Sholto Drive 96, London South

$399,900
51 Sholto Drive 96

$399,900

New
16d
Condo Townhouse2-Storey

51 Sholto Drive 96, London South

Total Monthly Obligation $2,227

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
16d
Score
30
Yield
7.5%
Cash on Cash
6.1%
Cap Rate
5.9%
5Y IRR
20.5%
10Y IRR
18.7%
Property Type-Condo Townhouse
MLS® Number-X13870956
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$1,727 (2025)
Maintenance-$270/mo
Locker-None
Parking-1 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-THRIVE REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Immediate
Neighbourhood-South X
Title-Residential Condo & Other

No agent assigned

WOW! Modern design, exceptional renovations, and incredible value in the heart of South London! This stunning turnkey townhouse offers the perfect blend of style, comfort, and convenience, making it an outstanding opportunity for first-time buyers, young families, professionals, or savvy investors. Step inside to a bright, open-concept main floor where a show-stopping custom kitchen takes centre stage, complete with an oversized island, stainless steel appliances, abundant storage, and seamless space for entertaining. The dramatic fireplace feature wall creates a warm, inviting focal point, while contemporary finishes throughout make this home feel fresh, stylish, and move-in ready. Upstairs, you'll find three spacious bedrooms and a beautifully updated bathroom. The finished lower level adds valuable living space, perfect for a family room, home office, gym, playroom, or guest retreat. Outside, enjoy your own private, fenced backyard with a fantastic patio-ideal for BBQs, relaxing, or entertaining all summer long. Major updates, including a new furnace and central air (2026), provide added peace of mind for years to come. Located in a well-managed condominium community with reasonable condo fees, you're just steps to White Oaks Mall, schools, parks, restaurants, transit, and every everyday convenience, with quick access to Highway 401. Stylish, affordable, and completely move-in ready-this is one you'll want to see before it's gone!

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,227/mo
Mortgage $1,613
Monthly Loss $1,803
Principal$424
Interest$1,189
Property Tax$144
Condo Fees$270
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.9%37
Cash-on-Cash
0.4%8
5-Year IRR
16.1%77
10-Year IRR
15.5%
Returns Index
41.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
30/ 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
$30,048/yr
NOI
$19,676/yr
Net Cash Flow
$27/mo
Cash Margin
1.1%6
Cash Flow Index
5.8/ 100
Risk Profile
Weight: 20%
DSCR
1.0228
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo73
Risk Index
39.9/ 100

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

Comparables

Properties near 51 Sholto Drive 96

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.