111 Wellesley Cres Crescent A, London East

$314,900
111 Wellesley Cres Crescent A

$314,900

New
7d
Condo Townhouse2-Storey

111 Wellesley Cres Crescent A, London East

Total Monthly Obligation $1,943

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
7d
Score
24
Yield
6.9%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.1%
Property Type-Condo Townhouse
MLS® Number-X14086384
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$1,710 (2025)
Maintenance-$330/mo
Locker-None
Parking-1 - None
Basement-Partially Finished
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Window Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick Veneer, Vinyl Siding
Roof-Metal
Foundation-Concrete
Possession-90 Days
Neighbourhood-East I
Title-Residential Condo & Other

No agent assigned

Turn-key end unit condo in Nelson Park. This 2 Bedroom, 1 Bathroom Townhouse style condo shows pride of ownership throughout. Some features include a bright living room and updated kitchen area with quality flooring, backyard access from kitchen to private patio great for a BBQ and entertaining. The bedrooms are generously proportioned. The lower level features a fantastic rec-room. Other updates include the kitchen backsplash, some custom trim work, and a custom staircase railing. Enjoy worry free living with condo fees including exterior and ground maintenance, water and management. Steel roof, windows and doors were all recently upgraded. This property is an ideal fit for a first time home buyer, or someone looking for affordable living in a well cared for property. Close to many amenities and quick access to the 401.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$251,920
Land Transfer Taxes$3,199
Legal Fees (Est.)
$
Total cash required for closing$67,679

Total Monthly Obligation

$1,943/mo
Mortgage $1,270
Monthly Loss $1,608
Principal$334
Interest$936
Property Tax$143
Condo Fees$330
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.4%2
5-Year IRR
11.6%47
10-Year IRR
12.0%
Returns Index
24.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$21,816/yr
NOI
$11,564/yr
Net Cash Flow
-$307/mo
Cash Margin
-16.9%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
37.6/ 100

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

Comparables

Properties near 111 Wellesley Cres Crescent A

Time

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