341 Southdale Road
London South, N6E 1A2·MLS® X13292944·
Listing courtesy of The Realty Firm INC.·Updated 3 days ago
Listing price
$5,799,000
Est. $27,619/mo
Days on market
Listed Jun 6, 2026
Description
Incredible investment opportunity! Brand-new, turn-key 10-unit multifamily building to be built and completed by May 2027. Perfect for portfolio growth with zero deferred maintenance and full builder warranties. Every unit features an expansive, high-demand layout of nearly 1,500 sq. ft. consisting of 3 spacious bedrooms and 2.5 bathrooms. Designed with modern tenant preferences in mind, each unit comes fully equipped with a complete appliance package including a refrigerator, stove, dishwasher, and highly coveted in-suite washer and dryer. Situated in an excellent, high-vacancy-demand location directly on the bus route and just minutes from all major amenities, shopping, dining, and schools. Command top-market rents from day one with this premium residential asset. Contact today for site plans, building specifications, and financial projections.
Property details
Type
Investment — Apartment
Heating
Electric Hot Water
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London South, ON
Large south London neighbourhood anchored by White Oaks Mall with diverse housing and strong transit.
Monthly payment estimate
Land transfer tax
Ontario LTT
$131,450
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Market conditions · South W
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$23,196
Rental yield
4.8%
Est. cash flow
-$12,163
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$1,325,977
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$5,567,040
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