135 Belmont Drive 16, London South

$424,888
135 Belmont Drive 16

$424,888

New
7d
Condo Townhouse2-Storey

135 Belmont Drive 16, London South

Total Monthly Obligation $2,399

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
7d
Score
24
Yield
6.5%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Townhouse
MLS® Number-X14086866
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$1,743 (2026)
Maintenance-$340/mo
Locker-None
Parking-1 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-THRIVE REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Immediate
Neighbourhood-South O
Title-Residential Condo & Other

No agent assigned

WOW! Beautifully renovated, thoughtfully reimagined and absolutely move-in ready! This stunning Southwest London townhouse condominium offers an incredible combination of style, function and value. The showpiece? A gorgeous, open-concept main floor designed for entertaining, featuring a custom chef-inspired kitchen with an oversized island, dedicated coffee and beverage station, tailored range hood and sleek new appliances. The generous living room is warm and inviting, complete with a shiplap-dressed fireplace and views of your backyard. Upstairs, you'll find three spacious bedrooms and a beautifully updated bathroom with designer finishes. The finished lower level offers a fantastic second living space, perfect for movie nights, a home office or simply kicking back, plus plenty of unfinished storage. And the updates don't stop at the finishes! New furnace and central air (2026), new exterior doors (2026) and a beautiful new paver stone patio (2026), ready for summer BBQs and evenings with friends. The condominium complex also features a freshly paved parking lot, plenty of parking and manageable condo fees. All of this in a terrific Southwest London location, close to schools, shopping, parks and everyday amenities. Whether you're starting out, downsizing or looking for a great investment, this one deserves a closer look. A beautifully finished home with all the right updates, in all the right places. Be quick!

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

Closing Costs

Mortgage Amount
$339,910
Land Transfer Taxes$4,973
Legal Fees (Est.)
$
Total cash required for closing$91,451

Total Monthly Obligation

$2,399/mo
Mortgage $1,714
Monthly Loss $1,948
Principal$451
Interest$1,263
Property Tax$145
Condo Fees$340
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.4%3
5-Year IRR
12.3%52
10-Year IRR
12.4%
Returns Index
27.0/ 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
$27,516/yr
NOI
$16,541/yr
Net Cash Flow
-$335/mo
Cash Margin
-14.6%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
33.8/ 100

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

Comparables

Properties near 135 Belmont Drive 16

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.