1010 Kipps Lane, London East

$329,900
1010 Kipps Lane

$329,900

New
16d
Condo Townhouse2-Storey

1010 Kipps Lane, London East

Total Monthly Obligation $2,192

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
16d
Score
30
Yield
8.9%
Cash on Cash
6.6%
Cap Rate
6.0%
5Y IRR
20.9%
10Y IRR
19.0%
Property Type-Condo Townhouse
MLS® Number-X13873670
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$1,433.5 (2026)
Maintenance-$542/mo
Locker-None
Parking-1 - None
Basement-Half
Heating-Baseboard (Electric)
Brokerage-ICI SOURCE REAL ASSET SERVICES INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-01/01/2027
Neighbourhood-East A
Title-Residential Condo & Other

No agent assigned

Feature Highlights- Kitchen has bright window lighting & modern new appliances fridge, stove, dishwasher, microwave, new cookware and opens up adjacent to dining / living room- Bedrooms feature vaulted ceilings and ceiling fans- Living Room hardwood floors, gas fireplace with google thermostat, new dining room, couch, glass table, Flat screen TV.- 2 convenient entrances secured with modern keypad locks - one to parking entrance with assigned parking in front that fits 2 cars. The 2nd entrance opens up to a private front yard and patio right next to pool and large playground.- Basement - features 2nd fireplace, private bedroom with window, new washer / dryer laundry, large room Located in a desirable neighborhood, this townhouse offers a convenient lifestyle with easy access to amenities, shopping centers, and transportation routes. Enjoy the best of both worlds - a tranquil residential setting with urban conveniences at your doorstep. *For Additional Property Details Click The Brochure Icon Below*

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$263,920
Land Transfer Taxes$3,424
Legal Fees (Est.)
$
Total cash required for closing$70,904

Total Monthly Obligation

$2,192/mo
Mortgage $1,331
Monthly Loss $1,842
Principal$350
Interest$981
Property Tax$119
Condo Fees$542
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.8%36
Cash-on-Cash
-0.0%8
5-Year IRR
15.9%76
10-Year IRR
15.5%
Returns Index
40.8/ 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
$29,196/yr
NOI
$15,939/yr
Net Cash Flow
-$2/mo
Cash Margin
-0.1%5
Cash Flow Index
4.7/ 100
Risk Profile
Weight: 20%
DSCR
1.0027
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
39.7/ 100

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

Comparables

Properties near 1010 Kipps Lane

Time

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