460 CALLAWAY Road 510, London North

$539,000
460 CALLAWAY Road 510

$539,000

New
16d
Condo Apartment1 Storey/Apt

460 CALLAWAY Road 510, London North

Total Monthly Obligation $3,240

Beds
2
Baths
2
Park
2
Sqft
1200-1399
DOM
16d
Score
18
Yield
5.8%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Condo Apartment
MLS® Number-X13873470
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 7, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Taxes-$4,157 (2025)
Maintenance-$519.24/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-OLIVER & ASSOCIATES SARAH OLIVER REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Concrete, Brick
Roof-Flat
Foundation-Concrete
Possession-Quick possession
Neighbourhood-North R
Title-Residential Condo & Other

No agent assigned

Designer luxury NORTHLINK condo by award-winning builder TRICAR. This 2-bedroom, 2-bathroom suite is on the 5th floor with beautiful east views. Prime North London location close to all Masonville amenities, as well as Western University. This unit is 1220 sq ft with a 110 sq ft balcony. In unit, you will find numerous upgrades, including an upgraded kitchen as well as great room fireplace. The principle suite is generously sized with a massive built-in closet and ensuite bathroom with a frameless glass shower. This unit also comes with 2 underground parking spots and a storage locker. Enjoy the state-of-the-art amenities including the owner's lounge with dining area and prep kitchen, fitness center, outdoor terrace areas, sports courts, golf simulator/media room, and guest suite rental availability. This unit's premium location is right next to Sunningdale Golf and Country Club. Offers welcome anytime!

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

Closing Costs

Mortgage Amount
$431,200
Land Transfer Taxes$7,255
Legal Fees (Est.)
$
Total cash required for closing$116,555

Total Monthly Obligation

$3,240/mo
Mortgage $2,174
Monthly Loss $2,668
Principal$572
Interest$1,602
Property Tax$346
Condo Fees$519
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.5%26
10-Year IRR
9.6%
Returns Index
14.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$31,260/yr
NOI
$15,346/yr
Net Cash Flow
-$895/mo
Cash Margin
-34.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
24.7/ 100

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

Comparables

Properties near 460 CALLAWAY Road 510

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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