340 Ambleside Drive 17, London North

$439,900
340 Ambleside Drive 17

$439,900

New
4d
Condo Townhouse2-Storey

340 Ambleside Drive 17, London North

Total Monthly Obligation $2,628

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
4d
Score
26
Yield
7.5%
Cash on Cash
3.5%
Cap Rate
5.3%
5Y IRR
18.3%
10Y IRR
16.9%
Property Type-Condo Townhouse
MLS® Number-X14094570
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$3,588 (2025)
Maintenance-$355/mo
Locker-None
Parking-2 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER POWER REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-North A
Title-Residential Condo & Other

No agent assigned

Move-in ready and ideally located in desirable North London's Richmond Hill community, is perfect for First Time Buyers, Families or Investors alike! This sunny and spacious townhouse offers comfortable living with3 bedrooms, 2.5 bathrooms, and a thoughtfully designed layout. Bright skylights and large windows fill the home with natural light, while hardwood and ceramic flooring, updated bathrooms, and a cozy gas fireplace add warmth and style. The spacious primary bedroom features a walk-in closet and a 5-piece cheater ensuite. The partially finished lower level includes a full bathroom and a large rec room offering flexible space for a family room, home office, or guest suite. Additional highlights include an attached one-car garage with inside entry, ample storage, and a private backyard patio perfect for relaxing. Located on quiet, family-friendly streets just minutes from Masonville Mall, University Hospital, Western University, parks, schools, and everyday amenities, this Condo presents an excellent opportunity to enjoy one of North London's most sought after neighbourhoods.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$2,628/mo
Mortgage $1,774
Monthly Loss $2,161
Principal$467
Interest$1,307
Property Tax$299
Condo Fees$355
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.1%5
5-Year IRR
14.2%66
10-Year IRR
14.0%
Returns Index
34.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$32,868/yr
NOI
$19,333/yr
Net Cash Flow
-$163/mo
Cash Margin
-6.0%1
Cash Flow Index
1.5/ 100
Risk Profile
Weight: 20%
DSCR
0.9120
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
33.5/ 100

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

Comparables

Properties near 340 Ambleside Drive 17

Time

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