239 Saddy Avenue, London East

$629,900
239 Saddy Avenue

$629,900

Price Change
23d
DetachedBacksplit 4

239 Saddy Avenue, London East

Total Monthly Obligation $3,284

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
23d
Score
17
Yield
4.3%
Cash on Cash
-6.2%
Cap Rate
3.2%
5Y IRR
10.7%
10Y IRR
10.7%
Property Type-Detached
MLS® Number-X13845992
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-60 × 130 ft
Listed on site-Sep 30, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$4,421 (2026)
Parking-3 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-COMFREE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-1-29 Days
Neighbourhood-East A
Title-Residential Freehold

No agent assigned

Welcome to 239 Saddy Avenue in the Trafalgar Heights area of London East, near Argyle Mall. This well-maintained detached home offers four bedrooms and a versatile layout with space for everyday living and entertaining. An elementary school is located directly behind the property, and a secondary school is within walking distance. Shopping, Highway 401 and London International Airport are readily accessible. Upstairs, three generously sized bedrooms include a spacious primary bedroom with direct access to the main bathroom, which offers ample storage. The main level features a large open-concept kitchen with abundant cabinetry and two spacious adjoining rooms offering flexibility for dining, a family room, home office or hobbies. One level down, the large carpeted recreation room features a gas fireplace and an additional bathroom, providing a comfortable space for relaxing or gathering. The lowest level is freshly painted and partially finished, with room for fitness, hobbies or additional recreation. A separate utility and laundry area includes a washer, dryer, sink, furnace and water heater. Recent updates include a furnace (2025), deck (2021) and newer fencing.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,284/mo
Mortgage $2,541
Monthly Loss $2,616
Principal$669
Interest$1,872
Property Tax$368
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.0%18
10-Year IRR
8.3%
Returns Index
10.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$27,168/yr
NOI
$15,530/yr
Net Cash Flow
-$1,247/mo
Cash Margin
-55.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
24.0/ 100

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

Comparables

Properties near 239 Saddy Avenue

Time

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Data last updated within the past 24 hours.