459 Hale Street, London East

$495,000
459 Hale Street

$495,000

New
24d
DetachedBacksplit 3

459 Hale Street, London East

Total Monthly Obligation $2,648

Beds
5
Baths
2
Park
3
Sqft
1100-1500
DOM
24d
Score
24
Yield
6.2%
Cash on Cash
2.2%
Cap Rate
5.0%
5Y IRR
17.3%
10Y IRR
16.0%
Property Type-Detached
MLS® Number-X13840060
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Listed on site-Sep 29, 2026
Style-Backsplit 3
Building Type-Detached
Taxes-$3,319 (2025)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-immediate
Neighbourhood-East N
Title-Residential Freehold

No agent assigned

Larger Than It Looks! Spacious 3-Level Split in Sought-After Kiwanis Park Offering over 2,700 sq. ft. of finished living space, this bright and beautifully updated home is perfect for a large or growing family. With 5 bedrooms and 2 full bathrooms, there's plenty of room for everyone. Recent renovations include fresh paint, updated windows, a modernized kitchen, and refreshed bathrooms, making this home move-in ready. The main level features a large living room with hardwood floors, a sunny, updated kitchen with abundant cabinetry, and great flow for everyday living. A convenient main-floor office with large windows provides the perfect spot to work from home or host a home-based business. The lower level offers a separate entrance, giving you excellent granny suite potential or the option to create an income-generating rental unit-ideal flexibility for multigenerational living or investors. Located in desirable Kiwanis Park, this home is just minutes from schools, shopping, parks, and Hwy 401, offering exceptional convenience for commuters and families alike. A rare combination of space, updates, and opportunity-don't miss your chance to make this wonderful home yours!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$396,000
Land Transfer Taxes$6,375
Legal Fees (Est.)
$
Total cash required for closing$106,875

Total Monthly Obligation

$2,648/mo
Mortgage $1,997
Monthly Loss $2,123
Principal$525
Interest$1,471
Property Tax$277
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.9%3
5-Year IRR
12.6%55
10-Year IRR
12.7%
Returns Index
28.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$30,720/yr
NOI
$19,829/yr
Net Cash Flow
-$344/mo
Cash Margin
-13.4%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
31.9/ 100

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

Comparables

Properties near 459 Hale Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.