1585 CHICKADEE Trail, London South

$793,000
1585 CHICKADEE Trail

$793,000

New
18d
Detached2-Storey

1585 CHICKADEE Trail, London South

Total Monthly Obligation $3,574

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
18d
Score
23
Yield
5.2%
Cash on Cash
1.1%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Detached
MLS® Number-X13872804
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-42 × 98 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Parking-3 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND PREMIER BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-6 MONTHS
Neighbourhood-South U
Title-Residential Freehold

No agent assigned

TO BE BUILT: The HST rebate has been adjusted to the list price. Sunlight Heritage Homes presents thePercy Model, an exceptional home designed to cater to your family's needs and desires. Situated in thedesirable Old Victoria on the Thames community, this residence offers a perfect blend of contemporarystyle and timeless charm. The Percy Model boasts a well- planned 2,030 square feet layout, featuring 4bedrooms and 2.5 baths, providing ample space for both relaxation and the conveniences of everydayliving. The 1.5 car garage offers convenient storage and parking solutions. Set on a prominent corner lot,the home enjoys enhanced curbappeal and additional outdoor space. The unfinished basement offers aversatile space with endless potential. Experience superior craftsmanship and thoughtful design in thePercy Model, and become a part of the vibrant Old Victoria community. Standard features include 36" highcabinets in the kitchen, quartz countertops in the kitchen, 9' ceilings on main floor, hardwood flooringthroughout main level, stainless steel chimney style range hood in kitchen, crown and valance on kitchencabinetry, built in microwave shelf in kitchen, coloured windows on the front of the home, basementbathroom rough-in. Photos are from previous model and show upgraded items.

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

Closing Costs

Mortgage Amount
$634,400
Land Transfer Taxes$12,335
Legal Fees (Est.)
$
Total cash required for closing$172,435

Total Monthly Obligation

$3,574/mo
Mortgage $3,199
Monthly Loss $2,732
Principal$842
Interest$2,357
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.6%3
5-Year IRR
12.7%55
10-Year IRR
12.6%
Returns Index
29.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$40,920/yr
NOI
$32,328/yr
Net Cash Flow
-$505/mo
Cash Margin
-14.8%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
26.0/ 100

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

Comparables

Properties near 1585 CHICKADEE Trail

Time

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