298 Middleton Avenue, London South

$729,000
298 Middleton Avenue

$729,000

New
3d
Detached2-Storey

298 Middleton Avenue, London South

Total Monthly Obligation $3,789

Beds
5
Baths
3
Park
2
Sqft
2000-2500
DOM
3d
Score
19
Yield
5.1%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-X14099308
Beds-5
Bathrooms-3
Size-2000-2500 sqft
Lot Size-41.12 × 108.56 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Age-New
Taxes-$5,683 (2025)
Parking-4 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immidiate
Neighbourhood-South W
Title-Residential Freehold

No agent assigned

Absolutely Stunning Detached Home Built By Foxwood Homes In South London's Newest Sought After Neighborhood. Premium 41Feet By 108Feet Lot, Home Featuring 4 Bedrooms+ Office On 2nd Floor, 2.5 Bathrooms. Designer Inspired Finishes. Open Concept Main Floor Perfect For Entertaining, A Beautiful Kitchen With Granite Countertops, Breakfast Island 9' Ceiling Main Floor, Loaded W/Upgrades! Custom Black Hardware, Wide Plank Laminate, Quartz Tops, Upgraded Kitchen, Lights, 2 Car Garage. "The Covington" 2,072Sqft Model. Close Proximity To Bostwick Ymca, Highways 401/402, Walking Trails, Parks, Wonderland Commercial Corridor, Whiteoak's Mall And A Variety Of Restaurants And Retail Shopping.

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

Closing Costs

Mortgage Amount
$583,200
Land Transfer Taxes$11,055
Legal Fees (Est.)
$
Total cash required for closing$158,355

Total Monthly Obligation

$3,789/mo
Mortgage $2,941
Monthly Loss $3,015
Principal$774
Interest$2,167
Property Tax$474
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.7%34
10-Year IRR
10.4%
Returns Index
18.0/ 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
$37,488/yr
NOI
$23,556/yr
Net Cash Flow
-$978/mo
Cash Margin
-31.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.6/ 100

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

Comparables

Properties near 298 Middleton Avenue

Time

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