177 Bournemouth Drive, London East

$584,900
177 Bournemouth Drive

$584,900

Price Change
22d
DetachedBacksplit 4

177 Bournemouth Drive, London East

Total Monthly Obligation $3,105

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
22d
Score
19
Yield
5.0%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X13855912
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-39.62 × 110.18 ft
Listed on site-Oct 1, 2026
Style-Backsplit 4
Building Type-Detached
Age-31-50
Taxes-$4,450 (2026)
Parking-4 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-THE REALTY FIRM INC.
Cooling-Central Air
Laundry-No
Fireplace-Freestanding
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-89 days
Neighbourhood-East I
Title-Residential Freehold

No agent assigned

Welcome to 177 Bournemouth Dr., Ideally located in the desirable Trafalgar Heights area of East London. This well-maintained home offers a comfortable and functional Layout featuring 3 bedrooms and 2 bathrooms, a spacious family room, generous dining area, and a bright, well-appointed kitchen. The home also features a single car garage with plenty of additional storage, plus a 3 car wide driveway providing ample parking for family and guests. Step outside to enjoy the fully fenced yard with patio and hot tub, perfect for relaxing, entertaining, or enjoying time outdoors. Recents updates include a newer roof (2020), new furnace( 2025), newer windows(2020), providing added peace of mind for the next owners. The home also includes an on demand water heater( Rental). Conveniently located close to schools, shopping, recreation Facilities, and places of worship, with easy access to the 401 and 402, as well as many more amenities East London has to offer. A great oppurtunity to own a well-kept home in an established and convenient neighbourhood. Don't miss the oppurtunity to make 177 Bournemouth Drive your new Home!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$467,920
Land Transfer Taxes$8,173
Legal Fees (Est.)
$
Total cash required for closing$126,653

Total Monthly Obligation

$3,105/mo
Mortgage $2,359
Monthly Loss $2,484
Principal$621
Interest$1,738
Property Tax$371
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$29,280/yr
NOI
$17,402/yr
Net Cash Flow
-$909/mo
Cash Margin
-37.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
25.8/ 100

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

Comparables

Properties near 177 Bournemouth 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.

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Data last updated within the past 24 hours.