315 Bloxam Avenue, London South

$599,900
315 Bloxam Avenue

$599,900

Price Change
45d
DetachedBungalow

315 Bloxam Avenue, London South

Total Monthly Obligation $3,116

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
45d
Score
19
Yield
5.0%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Detached
MLS® Number-X13751576
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-60.14 × 135.3 ft
Listed on site-Sep 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,856 (2025)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-West
Exterior-Brick Veneer
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-South D
Title-Residential Freehold

No agent assigned

Move in and enjoy. This beautifully updated bungalow in Southcrest offers easy one-floor living on a quiet, tree-lined crescent, an ideal fit for professionals or a young family. Set on a generous 60 x 135 ft. lot, the home has been thoughtfully improved with a fresh, modern feel while retaining the warmth of its hardwood floors.The bright living room is anchored by a large picture window and flows naturally into the dining area, where garden doors open to an exceptional covered deck. The custom kitchen features Cambria quartz counters, a marble tile backsplash, soft-close cabinetry and excellent storage. Three comfortable bedrooms, an updated main bath and the convenience of main-floor laundry complete the principal level.The lower level adds valuable living space with a large family room with pot lighting, a three-piece bath, a versatile room ideal for an office, guest room or hobbies, plus a workshop and additional storage.One of the home's best features is the private, west-facing backyard. Beautifully landscaped gardens surround the oversized covered deck, complete with a ceiling fan, custom lighting and iron spindles. It is a wonderful extension of the living space, equally suited to morning coffee, dinner outside or enjoying a summer rain.Custom iron railings and front steps add curb appeal, while the concrete driveway and extra-long attached single garage provide practical everyday convenience. Minutes from trails, parks, schools, shopping, transit and downtown London, this is a genuinely move-in-ready home in an established neighbourhood.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,116/mo
Mortgage $2,420
Monthly Loss $2,479
Principal$637
Interest$1,783
Property Tax$321
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$29,988/yr
NOI
$18,633/yr
Net Cash Flow
-$867/mo
Cash Margin
-34.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
26.0/ 100

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

Comparables

Properties near 315 Bloxam Avenue

Time

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