45 Pond Mills Road 1515, London South

$259,900
45 Pond Mills Road 1515

$259,900

New
4d
Condo ApartmentApartment

45 Pond Mills Road 1515, London South

Total Monthly Obligation $1,875

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
4d
Score
24
Yield
8.3%
Cash on Cash
1.5%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.6%
Property Type-Condo Apartment
MLS® Number-X14093300
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,590 (2025)
Maintenance-$494.6/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-The Realty Firm Inc.
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-IMMEDIATE
Neighbourhood-South J
Title-Residential Condo & Other

No agent assigned

Welcome to unit 1515 at Rivers Edge, a thoughtfully updated one-bedroom condo with a warm, comfortable feel. The kitchen has been redesigned with both function and style in mind, and the unit features brand new neutral LVP flooring, newer windows (2023) fresh paint, soft bedroom carpeting, and updated bathroom fixtures. Located on the 15th floor, the west-facing windows provide open views of the city and plenty of natural light.There is in-suite laundry, generous storage, and a layout that makes great use of the space. The building is quiet and well-cared for. Lucky residents have access to amenities like a gym, sauna, party room, and outdoor BBQ area with a gazebo plus lots of parking. Steps away, you'll find trails, the Thames River, public transit, shopping, and even a nearby disc golf course.This is a smoke-free building with a calm atmosphere and convenient location, a nice option for anyone looking for low-maintenance living without giving up comfort or connection to nature. (Furnished photos are virtually staged)

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$207,920
Land Transfer Taxes$2,374
Legal Fees (Est.)
$
Total cash required for closing$55,854

Total Monthly Obligation

$1,875/mo
Mortgage $1,048
Monthly Loss $1,600
Principal$276
Interest$772
Property Tax$133
Condo Fees$495
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.6%47
10-Year IRR
12.2%
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
$21,504/yr
NOI
$9,428/yr
Net Cash Flow
-$263/mo
Cash Margin
-14.7%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
5.1 mo84
Risk Index
38.1/ 100

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

Comparables

Properties near 45 Pond Mills Road 1515

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.