LiveMLS X12903410Buy & hold

407 CASTLEGROVE PLACE · Duplex

London North, ON · Duplex · 2 units

$799,000listed

Workable offer

RentCapPrice/door

Locked, not loading — the underwrite opens with a trial or an account.

Score

DSCR

Cash to close

All-in with reserves

Sign in for the underwriteA licensed broker reads it and replies by email, usually within a business day.View on Realtor.ca

What this listing is

407 CASTLEGROVE PLACE is a 2-unit duplex in London North, ON, asking $799,000 — $399,500 per door.

At 2 units this finances as residential, not commercial — MLI Select starts at five units. The qualifying rate still applies: federally regulated lenders test a 1–4 unit rental at the greater of your contract rate plus two points or 5.25%.

Asking price: $799,000
Units: 2 units
Property type: Duplex
Location: London North, ON
Price per door: $399,500

The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the offer band this desk would actually bid — opens with a free account.