2494 Leeds Crossing, London South

$699,000
2494 Leeds Crossing

$699,000

Price Change
16d
Detached2-Storey

2494 Leeds Crossing, London South

Total Monthly Obligation $3,679

HausQ Valuation Report
Beds
3
Baths
3
Park
4
Sqft
2000-2500
DOM
16d
Score
20
Yield
5.6%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Detached
MLS® Number-X13871970
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-40.13 × 111.83 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$5,817 (2025)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-KING REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-South U
Title-Residential Freehold

No agent assigned

Welcome to this beautifully kept modern detached home, ideally situated on a 40-foot-wide lot with double car garage. Offering 3 bedrooms and 2.5 bathrooms, this thoughtfully designed residence showcases stunning craftsmanship and a desirable open-concept main floor layout. The bright and spacious interior features stainless steel appliances, pot lights in the living area, updated entryway light fixtures, and a stylish kitchen backsplash. Enjoy the convenience of second-level laundry and a grand entrance that creates a welcoming first impression. The unfinished basement offers excellent potential and is ready for your personal vision. Step outside to relax and enjoy the private backyard and outdoor living space. A sidewalk-free lot adds convenience and additional parking flexibility. Located just steps from a walking path and close to the hospital, shopping, walking trails, and more. With easy access to Highways 401 and 402-without the hassle of city traffic-this meticulously maintained home is an excellent opportunity for modern family living.

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,679/mo
Mortgage $2,820
Monthly Loss $2,937
Principal$742
Interest$2,078
Property Tax$485
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-6.0%2
5-Year IRR
10.9%42
10-Year IRR
11.3%
Returns Index
22.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$39,060/yr
NOI
$24,837/yr
Net Cash Flow
-$750/mo
Cash Margin
-23.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
23.9/ 100

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

Comparables

Properties near 2494 Leeds Crossing

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.