711 Victoria Street, London East

$588,888
711 Victoria Street

$588,888

New
23d
DetachedBungalow

711 Victoria Street, London East

Total Monthly Obligation $3,052

Beds
6
Baths
2
Park
2
Sqft
1100-1500
DOM
23d
Score
21
Yield
5.5%
Cash on Cash
-0.3%
Cap Rate
4.5%
5Y IRR
15.3%
10Y IRR
14.4%
Property Type-Detached
MLS® Number-X13846234
Beds-6
Bathrooms-2
Size-1100-1500 sqft
Lot Size-80 ft (front)
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,618 (2025)
Parking-3 - Carport
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PERCY FULTON LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East C
Title-Residential Freehold

No agent assigned

Attention First-Time Buyers, Investors & Multi-Generational Families! Welcome to this solid brick bungalow offering exceptional flexibility with 3+3 bedrooms, 2 full bathrooms, a separate entrance, and excellent potential for an in-law or secondary living setup. The bright main level features three generous bedrooms, a 3-piece bathroom, spacious living and dining areas, and a functional kitchen ideal for everyday family living. The lower level provides impressive additional space with three more bedrooms, a 3-piece bathroom, kitchen, laundry/utility area, and a private separate entrance-perfect for extended family, guests, or potential rental income. Much of the basement flooring was updated in 2024. Conveniently located close to Fanshawe College, Western University, University Hospital, Masonville Mall, schools, parks, shopping, and public transit, this property offers easy access to many of London's major amenities. Whether you're looking for a spacious home, multi-generational living, or a property with income potential, this bungalow offers an excellent combination of space, location, and versatility.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$471,110
Land Transfer Taxes$8,253
Legal Fees (Est.)
$
Total cash required for closing$127,531

Total Monthly Obligation

$3,052/mo
Mortgage $2,375
Monthly Loss $2,427
Principal$625
Interest$1,750
Property Tax$302
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.1%44
10-Year IRR
11.5%
Returns Index
22.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$32,664/yr
NOI
$21,280/yr
Net Cash Flow
-$602/mo
Cash Margin
-22.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
27.6/ 100

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

Comparables

Properties near 711 Victoria Street

Time

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Data last updated within the past 24 hours.