75 Ansondale Road 46, London South

$364,900
75 Ansondale Road 46

$364,900

New
4d
Condo Townhouse2-Storey

75 Ansondale Road 46, London South

Total Monthly Obligation $2,190

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
4d
Score
27
Yield
7.5%
Cash on Cash
4.0%
Cap Rate
5.4%
5Y IRR
18.8%
10Y IRR
17.2%
Property Type-Condo Townhouse
MLS® Number-X14094940
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$2,263 (2026)
Maintenance-$330/mo
Locker-None
Parking-1 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-South Q
Title-Residential Condo & Other

No agent assigned

Welcome home! This inviting 3-bedroom condo in London's desirable Cleardale neighbourhood offers the perfect blend of comfort, style, and value. With over 1,475 sq. ft. of finished living space across all three levels, plus an additional 342 sq. ft. of utility space, there's plenty of room to live, relax, and entertain. The main floor features a bright, sun-filled living and dining area with an open layout between the two spaces and views of the fenced backyard - an ideal setting to relax or entertain. The updated kitchen boasts new cabinetry, stone countertops, a subway tile backsplash, tiled flooring, and new stainless-steel appliances (2025). Upstairs, you'll find three bright bedrooms and an updated full bathroom (2020). The partially finished basement provides additional living space, along with a spacious utility room featuring laundry and a rough-in for a future bathroom. Additional updates include refreshed bathroom finishes, updated second-floor and basement flooring (2020), an updated A/C unit (2020), and new interior doors (2026). Enjoy the convenience of one reserved parking space and affordable condo fees. Ideally located within walking distance of Cleardale Public School, Earl Nichols Arena, and nearby parks, this home is also just a short drive to White Oaks Mall, IKEA, and convenient access to Highway 401.An excellent opportunity for first-time buyers seeking a welcoming home in a well-managed complex and a convenient neighbourhood!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$291,920
Land Transfer Taxes$3,949
Legal Fees (Est.)
$
Total cash required for closing$78,429

Total Monthly Obligation

$2,190/mo
Mortgage $1,472
Monthly Loss $1,803
Principal$387
Interest$1,085
Property Tax$189
Condo Fees$330
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-1.9%5
5-Year IRR
14.3%67
10-Year IRR
14.1%
Returns Index
34.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$27,516/yr
NOI
$16,141/yr
Net Cash Flow
-$127/mo
Cash Margin
-5.5%2
Cash Flow Index
1.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9121
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
37.8/ 100

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

Comparables

Properties near 75 Ansondale Road 46

Time

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Data last updated within the past 24 hours.