1030 Oakcrossing Gate 45, London North

$499,900
1030 Oakcrossing Gate 45

$499,900

New
8d
Condo TownhouseMulti-Level

1030 Oakcrossing Gate 45, London North

Total Monthly Obligation $2,962

Beds
3
Baths
4
Park
1
Sqft
1400-1599
DOM
8d
Score
21
Yield
6.3%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Condo Townhouse
MLS® Number-X14080818
Beds-3
Bathrooms-4
Size-1400-1599 sqft
Listed on site-Oct 15, 2026
Style-Multi-Level
Building Type-Condo Townhouse
Taxes-$4,359 (2025)
Maintenance-$382.36/mo
Locker-None
Parking-2 - Attached
Basement-Finished, Finished with Walk-Out, Walk-Up
Heating-Forced Air (Gas)
Brokerage-THE REALTY FIRM INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Flexible
Neighbourhood-North M
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully finished, multi-level townhouse condo in one of North London's most desirable neighbourhoods. Built in 2014, this impressive 3-bedroom, 3.5-bathroom home offers the perfect combination of modern finishes, thoughtful design, and versatile living space.From the moment you step inside, you'll appreciate the quality finishes and attention to detail throughout. The bright, open-concept main floor creates a welcoming space for everyday living and entertaining, with a beautifully appointed kitchen and dining area overlooking the deck. The multi-level layout provides a wonderful balance of open gathering spaces and privacy, giving everyone room to spread out.Upstairs, you'll find three spacious bedrooms, including an impressive primary retreat featuring a walk-in closet and a large private ensuite bathroom. The thoughtful separation of the primary bedroom from the additional bedrooms adds an extra level of privacy and comfort.The finished walkout lower level adds even more flexibility, complete with a full bathroom and direct access to the outdoors. Whether you envision a comfortable family room, home office, entertainment space, or guest retreat, this versatile level can adapt to your needs.An attached single-car garage adds everyday convenience, while the sought-after North London location puts you minutes from Western University, Costco, shopping, restaurants, public transit, and a wide range of amenities. Convenient connections to Fanshawe College and downtown London make getting around the city easy.With its modern construction, attractive finishes, spacious multi-level design, and desirable location, this is an excellent opportunity for families, professionals, and investors alike. All the space and comfort of a traditional home, with the convenience of condo living.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,962/mo
Mortgage $2,016
Monthly Loss $2,431
Principal$531
Interest$1,486
Property Tax$363
Condo Fees$382
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.7%2
5-Year IRR
10.5%39
10-Year IRR
11.1%
Returns Index
20.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$31,536/yr
NOI
$17,035/yr
Net Cash Flow
-$597/mo
Cash Margin
-22.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
27.7/ 100

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

Comparables

Properties near 1030 Oakcrossing Gate 45

Time

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