1030 Coronation Drive 105, London North

$389,900
1030 Coronation Drive 105

$389,900

New
2d
Condo Apartment1 Storey/Apt

1030 Coronation Drive 105, London North

Total Monthly Obligation $2,855

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
2d
Score
20
Yield
7.7%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Condo Apartment
MLS® Number-X14102114
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 21, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-16-30
Taxes-$4,317.78 (2026)
Maintenance-$722.22/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-North I
Title-Residential Condo & Other

No agent assigned

Less maintenance, more freedom, and more time to enjoy the things you love! Welcome to 1030 Coronation Drive, where comfort, convenience, and an exceptional lifestyle come together in London's highly desirable Hyde Park neighbourhood. Whether you're looking to downsize without compromise or embrace a new chapter with less upkeep, this inviting 2-bedroom, 2-full-bathroom condo offers the perfect opportunity. Step inside to discover a bright, welcoming living space featuring updated modern vinyl flooring throughout the main living area, adding both style and practicality. The kitchen makes a statement with a striking backsplash and updated stainless steel appliances, bringing a fresh, contemporary feel to the heart of the home. A versatile second bedroom provides the perfect space for visiting family, overnight guests, or a home office. One of the standout features of this unit is the rare convenience of TWO parking spaces! An outdoor space offers easy main-floor access, ideal for everyday errands and bringing in groceries, while the lower-level parking provides added comfort during Ontario's winter months. An additional storage locker offers valuable space for those extra belongings. The lifestyle extends well beyond your front door with an impressive collection of building amenities designed for relaxation and recreation. Enjoy a good book in the library, challenge friends to a game of billiards, stay active in the fitness centre, or settle in for movie night in the theatre room. Adding to the everyday convenience, condo fees include both heat and water, all you are responsible for is personal hydro, helping simplify monthly expenses. Step outside and you're just minutes from Hyde Park's fantastic shopping, restaurants, parks, walking trails, medical services, and everyday essentials. Your opportunity to enjoy a little more of everything you love starts here. Welcome to Northcliff Towers, where your next chapter is waiting!

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

Closing Costs

Mortgage Amount
$311,920
Land Transfer Taxes$4,324
Legal Fees (Est.)
$
Total cash required for closing$83,804

Total Monthly Obligation

$2,855/mo
Mortgage $1,573
Monthly Loss $2,441
Principal$414
Interest$1,159
Property Tax$360
Condo Fees$722
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.4%32
10-Year IRR
10.5%
Returns Index
16.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$30,204/yr
NOI
$11,799/yr
Net Cash Flow
-$589/mo
Cash Margin
-23.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
27.6/ 100

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

Comparables

Properties near 1030 Coronation Drive 105

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.