144 Conway Drive 62, London South

$225,000
144 Conway Drive 62

$225,000

New
6d
Condo ApartmentApartment

144 Conway Drive 62, London South

Total Monthly Obligation $1,719

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
6d
Score
23
Yield
8.6%
Cash on Cash
1.0%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Condo Apartment
MLS® Number-X14090040
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 17, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$1,475 (2025)
Maintenance-$488.33/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-RIGHT AT HOME REALTY
Cooling-None
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Aluminum Siding, Brick Veneer
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-South X
Title-Residential Condo & Other

No agent assigned

Priced to sell! Rarely offered main-floor unit in London's desirable White Oaks neighbourhood! This charming 2-bedroom, 1-bathroom condo is an excellent opportunity for first-time buyers, downsizers, or investors. Featuring quartz countertops in the kitchen with a newer fridge and stove, stylish LVP flooring throughout the unit, in-suite laundry, and a cozy gas fireplace with shiplap detailing. Both bedrooms offer mirrored closet doors, plus additional storage space. Enjoy convenient walkout access to your ground-floor patio with BBQs permitted, as well as access to the condo's outdoor pool. Ideally located close to parks, shopping, restaurants, transit, and everyday amenities. Great value in a convenient South London location-book your private showing today!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$180,000
Land Transfer Taxes$1,975
Legal Fees (Est.)
$
Total cash required for closing$48,475

Total Monthly Obligation

$1,719/mo
Mortgage $908
Monthly Loss $1,480
Principal$239
Interest$669
Property Tax$123
Condo Fees$488
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.7%2
5-Year IRR
10.8%41
10-Year IRR
11.6%
Returns Index
21.5/ 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
$19,320/yr
NOI
$7,653/yr
Net Cash Flow
-$270/mo
Cash Margin
-16.8%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
5.6 mo89
Risk Index
39.0/ 100

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

Comparables

Properties near 144 Conway Drive 62

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.