270 North Centre Road 24, London North

$485,000
270 North Centre Road 24

$485,000

New
7d
Condo TownhouseMulti-Level

270 North Centre Road 24, London North

Total Monthly Obligation $2,942

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
7d
Score
23
Yield
7.1%
Cash on Cash
1.0%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Townhouse
MLS® Number-X14088732
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 16, 2026
Style-Multi-Level
Building Type-Condo Townhouse
Taxes-$4,093 (2026)
Maintenance-$445/mo
Locker-None
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ADVANTAGE REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-North R
Title-Residential Condo & Other

No agent assigned

Welcome to this beautiful, modern condo located in a highly desirable North London community! Ideally situated just minutes from major shopping areas, Western University, schools, and the hospital, this property is perfect for professionals, families, students, or anyone affiliated with Western University. Fully finished on all three levels, this impressive home features numerous upgrades, including stunning hardwood flooring throughout the main and upper levels, a luxurious Jacuzzi tub, a natural gas fireplace, elegant French doors, and modern designer colours. All appliances are included for your convenience. The spacious primary bedroom boasts hardwood flooring and a walk-in closet, while the large, private rear patio offers a peaceful outdoor retreat overlooking beautiful greenspace. Additional features include a private garage with convenient interior access and an automatic door opener. Located in an excellent condo community in one of North London's most sought-after areas, this home offers the perfect combination of modern style, comfort, convenience, and location. An exceptional opportunity in a fantastic neighbourhood!

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Closing Costs

Mortgage Amount
$388,000
Land Transfer Taxes$6,175
Legal Fees (Est.)
$
Total cash required for closing$104,675

Total Monthly Obligation

$2,942/mo
Mortgage $1,956
Monthly Loss $2,428
Principal$515
Interest$1,442
Property Tax$341
Condo Fees$445
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.5%54
10-Year IRR
12.7%
Returns Index
27.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$34,320/yr
NOI
$19,055/yr
Net Cash Flow
-$368/mo
Cash Margin
-12.9%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
29.3/ 100

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

Comparables

Properties near 270 North Centre Road 24

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.

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Data last updated within the past 24 hours.