For Sale · Land

422 OLD WONDERLAND ROAD, London South (South N)

422 OLD WONDERLAND ROAD, London South (South N), ON N6K3R2

$585,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

94%

About this property

ACT NOW!! NEW Government HST Rebate!! Exceptional limited-time savings on a brand-new home in one of Southwest London's most desirable communities. IMMEDIATE POSSESSION AVAILABLE. Experience modern luxury and low-maintenance living in this quality-built vacant land condo tucked in a quiet cul-de-sac in Southwest London. Offering approx. 1585 sq ft, this thoughtfully designed interior unit blends comfort, style, and everyday convenience.The main floor features engineered hardwood, 9 ft ceilings, and an open concept layout ideal for both relaxing and entertaining. The modern vintage kitchen showcases custom cabinetry, quartz countertops, a tile backsplash, and a large island, with all appliances included. A bright dinette with patio doors leads to the back deck, while the spacious family room offers generous natural light.Upstairs, three well-sized bedrooms include a primary suite with a large walk-in closet and a sleek ensuite with a porcelain and ceramic tile shower and quartz vanity. A convenient second-floor laundry room completes this level. Step outside to a 10' x 12' deck with a privacy screen-an inviting retreat for morning coffee or evening downtime. With its thoughtful finishes, open layout, and peaceful setting, this home delivers a lifestyle of ease and elegance just minutes from shopping, parks, schools, and city amenities. A rare chance to move into a brand new home without the wait. (id:66811)

Financial sandbox

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Estimate
Purchase price$585K
Down payment30% · $176K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$28K

Annual cash flow

$-5K

Cash-on-cash

-2.71%

DSCR

0.85

Going-in cap

4.73%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

110,485

Households

49,165

Median income

$76,000

Median age

39.9

Daytime population

164,857

5-yr growth

8.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 422 OLD WONDERLAND ROAD, London South (South N).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.