Investment signal

$249,900

92 - 1096 JALNA BOULEVARD

Beds

3

Baths

2.1

Sqft

Year

About this home

Investment opportunity in White Oaks! Spacious 3 bedroom, 1.5 bath 3rd floor unit with covered west facing balcony, ample storage, in-suite laundry hookup + WHITE OAKS MALL and public transit at your doorstep! Needs TLC but potential is there especially for a 3 bedroom unit conveniently close to shopping, restaurants, medical, schools and much more. Building is "D" and ample visitor parking nearby. (id:65958)

Subtype
Single Family
MLS#
X13016144
Area
LONDON_SOUTH_(SOUTH_X)
Positive cash flow ~$547/mo at these assumptions

Cash on cash

13.12%

Cap rate

8.51%

GRM

8.7

Break-even rent

$1,825

Financing

Down payment$49,980
Loan amount$199,920
Mortgage$1,226/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$115
Insurance$80
Maintenance$208
CapEx reserve$104
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,226/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.

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