1512 Rushland Avenue, London East

$549,000
1512 Rushland Avenue

$549,000

New
21d
DetachedBungalow

1512 Rushland Avenue, London East

Total Monthly Obligation $3,015

Beds
6
Baths
2
Park
3
Sqft
1100-1500
DOM
21d
Yield
5.7%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-X13859796
Beds-6
Bathrooms-2
Size-1100-1500 sqft
Lot Size-56.12 × 135.89 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,110 (2026)
Parking-4 - Attached
Basement-Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Other
Foundation-Other
Sewer-Sewer
Possession-Flexible/30
Neighbourhood-East H
Title-Residential Freehold

No agent assigned

Welcome to this well-maintained 3+3 bedroom detached bungalow located in one of London'smost convenient and sought-after neighbourhoods. Just steps from Fanshawe College, this versatile and move-in-ready home offers exceptional space and flexibility for growing families, multi-generational living, or buyers seeking additional room to suit their lifestyle needs. Licensed rental unit with the City of London, this property provides added value and peace of mind. The bright main level features an open-concept layout with three generously sized bedrooms, stylish, carpet-free flooring throughout, and a functional design that is both modern and low-maintenance. Two full bathrooms, one on each level, provide convenience for larger households. The fully finished lower level features a separate entrance, a kitchen area, three additional bedrooms, a full bathroom, and large above-grade windows that fill the space with natural light. Whether used for extended family, guests, home office space, or recreational use, the lower level offers incredible versatility. Situated on a large lot, the property boasts a spacious backyard perfect for entertaining, gardening, or enjoying time outdoors with family and friends. A detached garage and extended private driveway provide ample parking for multiple vehicles. For added peace of mind, there are no rental items-all major components are fully owned. The location is hard to beat. Combining space, flexibility, and an unbeatable location, this is a fantastic opportunity to own a well-maintained home in a highly desirable area.

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Closing Costs

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$3,015/mo
Mortgage $2,215
Monthly Loss $2,433
Principal$583
Interest$1,632
Property Tax$426
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 1512 Rushland Avenue

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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