311 Burlington Crescent, London South

$549,900
311 Burlington Crescent

$549,900

New
21d
DetachedBungalow

311 Burlington Crescent, London South

Total Monthly Obligation $2,880

Beds
3
Baths
2
Park
5
Sqft
700-1100
DOM
21d
Score
20
Yield
5.3%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X13854572
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-70 × 150 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,437 (2025)
Parking-5 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RINEHART REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Rolled
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South J
Title-Residential Freehold

No agent assigned

Located in southeast London near Glen Cairn and Pond Mills, this updated 3 bedroom, 2 bathroom bungalow offers a bright, move-in ready interior, parking for 5+ vehicles, a large private backyard and excellent in law suite potential. Major improvements include a full main level renovation in 2021, eavestroughs with gutter guards in 2022, new main floor flooring in 2026 and new flooring in the basement living area in 2026. Step inside to a bright and welcoming living room filled with natural light from the large front windows. Updated flooring and a fireplace give the space a warm, comfortable feel, while the adjoining dining area provides plenty of room for family meals and entertaining. The renovated kitchen features white cabinetry, a white tile backsplash, stainless steel appliances and generous counter space. Down the hall are three comfortable bedrooms, including a spacious primary, along with a beautifully updated 4 piece bathroom that adds everyday comfort and convenience to the main level. The lower level adds even more flexibility with a generous recreation room, second kitchen and dining area, 3 piece bathroom, laundry and additional storage. This layout provides excellent potential for extended family, older children or an in-law suite, while still offering plenty of room for everyday living. Outside, the large private backyard is a standout with mature trees, plenty of lawn space and a covered patio that creates a great setting for relaxing, entertaining or spending time with family and friends. Conveniently located near schools, restaurants, shopping, parks and trails, with Victoria Hospital and Highway 401 nearby, this move-in ready home offers a comfortable setting with easy access to everyday amenities!

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,880/mo
Mortgage $2,218
Monthly Loss $2,296
Principal$584
Interest$1,634
Property Tax$286
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$29,148/yr
NOI
$18,296/yr
Net Cash Flow
-$693/mo
Cash Margin
-28.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
28.1/ 100

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

Comparables

Properties near 311 Burlington Crescent

Time

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