17 Palace Street, London East

$399,900
17 Palace Street

$399,900

New
17d
Detached1 1/2 Storey

17 Palace Street, London East

Total Monthly Obligation $2,265

HausQ Valuation Report
Beds
2
Baths
1
Park
2
Sqft
700-1100
DOM
17d
Score
23
Yield
6.2%
Cash on Cash
0.8%
Cap Rate
4.8%
5Y IRR
16.2%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-X13866860
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-22.5 × 149.68 ft
Listed on site-Oct 6, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$3,319 (2025)
Parking-2 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER POWER REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Fibreglass Shingle
Foundation-Block
Sewer-Sewer
Possession-30 to 60 days
Neighbourhood-East F
Title-Residential Freehold

No agent assigned

WOODFIELD (OLD NORTH), one of London's most sought after and historic neighbourhoods. Charming 1.5 storey all brick home on a very quiet tree lined street with HUGE LOT--149 feet deep. Full of character with high ceilings, and pine floors through most of home. Fantastic location within walking distance of Victoria Park, downtown with its shops, restaurants, and year round events, as well as local cafe's just minutes away offering the perfect mix of character, convenience and community. Bright open concept Living room and Dining room leading to updated kitchen with heated floors and plenty of workspace and overlooking the huge mature backyard. Upper features 2 large bedrooms. 2 skylights in home to brighten the space. Updated 100 amp wiring. New eavestroughs 2026, new central air 2026, sewer drain completed to the street when road was completed. Incredible value for this neighbourhood.

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,265/mo
Mortgage $1,613
Monthly Loss $1,840
Principal$424
Interest$1,189
Property Tax$277
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.1%43
10-Year IRR
11.5%
Returns Index
22.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$24,600/yr
NOI
$14,321/yr
Net Cash Flow
-$420/mo
Cash Margin
-20.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
34.1/ 100

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

Comparables

Properties near 17 Palace Street

Time

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