1867 Fountain Grass Drive, London South

$1,149,900
1867 Fountain Grass Drive

$1,149,900

New
3d
Detached2-Storey

1867 Fountain Grass Drive, London South

Total Monthly Obligation $5,633

Beds
5
Baths
4
Park
2
Sqft
2500-3000
DOM
3d
Score
15
Yield
3.5%
Cash on Cash
-9.0%
Cap Rate
2.6%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Detached
MLS® Number-X14100190
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-46 × 117 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$7,437 (2026)
Parking-4 - Attached
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick Front, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-South B
Title-Residential Freehold

No agent assigned

Welcome to this stunning 6-year-young executive home in Warbler Woods, one of London's most sought-after upscale neighbourhoods! This beautifully designed 4-bedroom, 2-storey home features 9-ft ceilings, an open-concept layout, a spacious living room with a gas fireplace, and an elegant dining area. The modern kitchen boasts a large island, beautiful stone countertops, ample cabinetry, and a corner pantry. A spacious main-floor den with double pocket doors, convenient laundry, and access to the double-car garage add to the home's functionality. Enjoy outdoor living on the covered porch with maintenance-free composite decking. The fully finished walkout basement features an in-law suite with a large living area, kitchen, bedroom, bathroom, separate laundry, and storage, offering excellent income potential. Upstairs, discover a spacious loft, four generously sized bedrooms, and a luxurious primary suite with a tray ceiling, walk-in closet, and ensuite featuring a glass shower, freestanding oval bathtub, and double-sink vanity. Hardwood flooring, upgraded baseboards and trim, contemporary décor, and zebra blinds throughout add a modern touch. Complete with a beautifully landscaped front yard, this exceptional home offers the perfect blend of luxury, comfort, and versatility. Move in and enjoy!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$919,920
Land Transfer Taxes$19,473
Legal Fees (Est.)
$
Total cash required for closing$250,953

Total Monthly Obligation

$5,633/mo
Mortgage $4,638
Monthly Loss $4,413
Principal$1,221
Interest$3,418
Property Tax$620
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.6%0
5-Year IRR
5.7%13
10-Year IRR
7.3%
Returns Index
8.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$40,596/yr
NOI
$24,599/yr
Net Cash Flow
-$2,588/mo
Cash Margin
-76.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.2/ 100

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

Comparables

Properties near 1867 Fountain Grass Drive

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.