2185 Tibet Butler Boulevard, London South

$999,900
2185 Tibet Butler Boulevard

$999,900

New
8d
Detached2-Storey

2185 Tibet Butler Boulevard, London South

Total Monthly Obligation $5,015

Beds
5
Baths
4
Park
2
Sqft
2500-3000
DOM
8d
Score
18
Yield
4.8%
Cash on Cash
-3.8%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.2%
Property Type-Detached
MLS® Number-X14079732
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-41.61 × 115.13 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,276 (2025)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN STEVE KLEIMAN INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Above Ground
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South K
Title-Residential Freehold

No agent assigned

Space, thoughtful upgrades and an exceptional Byron location come together at 2185 Tibet Butler Blvd. Just steps from Boler Mountain and close to sought-after schools, this impressive two-storey home offers five bedrooms, four and a half bathrooms and a beautifully finished interior designed for family living and entertaining. A grand foyer sets the tone, with nine-foot ceilings on both the main and upper floors, eight-foot doors and wide-plank hardwood throughout these two levels. An upgraded stone façade and built-in ceiling speakers add to the home's appeal. The open-concept main floor brings together generous living and dining spaces with a standout kitchen. Upgraded cabinetry, black stainless steel appliances, a gas stove, built-in ovens and a walk-in pantry provide both style and function. A custom island with waterfall quartz at each end anchors the room, complemented by under-cabinet lighting and a designer backsplash. The spacious, light-filled breakfast area opens onto a covered rear deck and fenced backyard, extending the living space outdoors. Main-floor laundry and a powder room complete this level.Upstairs, four spacious bedrooms include two with their own ensuites, offering welcome flexibility for family and guests. The main primary suite features a tray ceiling, walk-in closet and an elegant bathroom with a soaker tub, glass-enclosed shower and two quartz-topped vanities The finished lower level provides another inviting place to gather, with a large family room, an electric fireplace framed by a custom mantel, a fifth bedroom and a three-piece bathroom. With generous room sizes, distinctive finishes, wide concrete drive and outdoor space to enjoy. This move-in-ready ski-in ski-out home with new pool offers an excellent opportunity to move into one of London's most desirable neighbourhoods.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$799,920
Land Transfer Taxes$16,473
Legal Fees (Est.)
$
Total cash required for closing$217,953

Total Monthly Obligation

$5,015/mo
Mortgage $4,033
Monthly Loss $3,953
Principal$1,061
Interest$2,972
Property Tax$606
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.4%31
10-Year IRR
10.1%
Returns Index
16.8/ 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
$47,976/yr
NOI
$31,402/yr
Net Cash Flow
-$1,416/mo
Cash Margin
-35.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
18.7/ 100

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

Comparables

Properties near 2185 Tibet Butler Boulevard

Time

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