723 Cranbrook Road, London South

$779,900
723 Cranbrook Road

$779,900

New
3d
Detached2-Storey

723 Cranbrook Road, London South

Total Monthly Obligation $4,049

Beds
4
Baths
3
Park
2
Sqft
3000-3500
DOM
3d
Score
18
Yield
4.8%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-X14097672
Beds-4
Bathrooms-3
Size-3000-3500 sqft
Lot Size-65 × 114.95 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,337 (2025)
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-PLATINUM KEY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30 DAYS
Neighbourhood-South M
Title-Residential Freehold

No agent assigned

Space to spread out and extensive 2026 updates await at 723 Cranbrook Road in London. With over 3,000 sq. ft. above grade, plus an unfinished basement, this 4 bedroom home offers impressively LARGE rooms throughout. A covered front porch opens to a spacious foyer that is open to the second floor, with a centre winding staircase creating a welcoming entrance. The main floor features a generous living room, separate dining room, family room, laundry room and two piece bathroom. The new eat in kitchen (2026) features quartz countertops, new stainless steel appliances and a bank of additional cabinetry in the eating area, providing abundant storage and convenient serving space. New flooring throughout (2026) gives the home a fresh, carpet free interior. Upstairs, 4 exceptionally LARGE bedrooms provide room for everyone. The primary bedroom features a large walk in closet, an ensuite and a patio door leading to its own balcony. All 3 bathrooms were updated in 2026 and feature quartz countertops. The unfinished basement offers excellent storage and plenty of potential for future living space. An attached double garage with inside entry, fenced yard, new family room patio door (2026) and new shingles (2026) complete the package. Generous space, fresh finishes and room to make your next chapter feel right at home.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$623,920
Land Transfer Taxes$12,073
Legal Fees (Est.)
$
Total cash required for closing$169,553

Total Monthly Obligation

$4,049/mo
Mortgage $3,146
Monthly Loss $3,221
Principal$828
Interest$2,318
Property Tax$528
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$37,188/yr
NOI
$22,632/yr
Net Cash Flow
-$1,260/mo
Cash Margin
-40.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.0/ 100

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

Comparables

Properties near 723 Cranbrook Road

Time

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