575 McGarrell Place 10, London North

$549,999
575 McGarrell Place 10

$549,999

New
4d
Condo TownhouseBungalow

575 McGarrell Place 10, London North

Total Monthly Obligation $3,445

HausQ Valuation Report
Bed+Den
3+1
Baths
3
Park
2
Sqft
1400-1599
DOM
4d
Score
19
Yield
6.3%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Condo Townhouse
MLS® Number-X14092358
Bed+Den-3+1
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Condo Townhouse
Age-16-30
Taxes-$5,230 (2025)
Maintenance-$591/mo
Locker-None
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-IMMEDIATE
Neighbourhood-North R
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully maintained 2+1 bedroom, 2+1 bath condominium offering comfortable main-floor living and an impressive finished lower level. Main floor features hardwood floors, transom windows and California shutters. Spacious kitchen features granite counters, stainless steel appliances and a double sink in a peninsula with bar stool seating. The kitchen eating area overlooks both the family room and the newer deck set within the lush and private green space. The spacious main-floor primary suite offers a walk-in closet and 5-piece ensuite. A convenient main-floor laundry/mudroom provides direct access to the double garage. The finished lower level is an entertainer's dream, featuring an incredible recreation room with a bar area, guest bedroom, 3-piece bath and ample storage. A wonderful home with thoughtful spaces both inside and out, offering privacy, comfort and plenty of room to enjoy.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$439,999
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$3,445/mo
Mortgage $2,219
Monthly Loss $2,862
Principal$584
Interest$1,635
Property Tax$436
Condo Fees$591
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
9.2%30
10-Year IRR
10.1%
Returns Index
16.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$34,788/yr
NOI
$16,587/yr
Net Cash Flow
-$836/mo
Cash Margin
-28.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.628
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.8/ 100

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

Comparables

Properties near 575 McGarrell Place 10

Time

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Data last updated within the past 24 hours.