54 Miles Street, London East

$599,000
54 Miles Street

$599,000

Price Change
24d
Detached2-Storey

54 Miles Street, London East

Total Monthly Obligation $3,270

HausQ Valuation Report
Beds
2
Baths
3
Park
3
Sqft
1100-1500
DOM
24d
Score
18
Yield
5.0%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-X13841058
Beds-2
Bathrooms-3
Size-1100-1500 sqft
Lot Size-49.92 × 142.32 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,751.28 (2026)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Board & Batten
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East F
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated and exceptionally well-maintained home, offering a modern design, thoughtful updates, and incredible flexibility for today's lifestyle. Located on a quiet, family-friendly street with great neighbours, this home is ideally situated close to shopping, schools, parks, restaurants, transit, and all the amenities you need. One of the standout features is the in-law suite potential, complete with a separate entrance, providing an excellent opportunity for extended family, guests, or additional rental income to offset your mortgage plus additional den. The flexible layout makes this home a smart choice for both families and investors alike. Step outside and enjoy the large backyard, offering plenty of space for entertaining, summer gatherings, kids, pets, gardening, or simply relaxing outdoors. With its peaceful setting and welcoming neighbourhood, this property offers the perfect balance of comfort, convenience, and functionality. A rare opportunity to own a thoughtfully renovated home in a fantastic location-move in, enjoy, and make it your own!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,270/mo
Mortgage $2,416
Monthly Loss $2,635
Principal$636
Interest$1,780
Property Tax$479
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.3%25
10-Year IRR
9.3%
Returns Index
13.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$30,096/yr
NOI
$16,835/yr
Net Cash Flow
-$1,013/mo
Cash Margin
-40.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
24.5/ 100

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

Comparables

Properties near 54 Miles 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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.