264 Admiral Drive, London East

$425,000
264 Admiral Drive

$425,000

New
22d
Semi-Detached 2-Storey

264 Admiral Drive, London East

Total Monthly Obligation $2,267

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
22d
Score
30
Yield
7.2%
Cash on Cash
7.1%
Cap Rate
6.1%
5Y IRR
21.3%
10Y IRR
19.3%
Property Type-Semi-Detached
MLS® Number-X13849500
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-33.56 × 100 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$2,129 (2025)
Parking-3 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-VI-CORP. R.E. SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-East I
Title-Residential Freehold

No agent assigned

Being Sold "As Is-Where Is"

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

Closing Costs

Mortgage Amount
$340,000
Land Transfer Taxes$4,975
Legal Fees (Est.)
$
Total cash required for closing$91,475

Total Monthly Obligation

$2,267/mo
Mortgage $1,714
Monthly Loss $1,816
Principal$451
Interest$1,263
Property Tax$177
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.9%37
Cash-on-Cash
0.3%8
5-Year IRR
15.9%77
10-Year IRR
15.4%
Returns Index
41.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
30/ 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
$30,504/yr
NOI
$20,825/yr
Net Cash Flow
$21/mo
Cash Margin
0.8%6
Cash Flow Index
5.5/ 100
Risk Profile
Weight: 20%
DSCR
1.0128
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
39.4/ 100

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

Comparables

Properties near 264 Admiral Drive

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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Data last updated within the past 24 hours.