943 Waterloo Street, London East

$649,999
943 Waterloo Street

$649,999

Sold Conditional Escape
16d
Detached2-Storey

943 Waterloo Street, London East

Total Monthly Obligation $3,489

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
16d
Score
18
Yield
4.9%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-X13870236
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-36.5 × 95 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,906.72 (2026)
Parking-4 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-THRIVE REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick, Aluminum Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-East B
Title-Residential Freehold

No agent assigned

Welcome to 943 Waterloo Street, a charming 3-bedroom, 2-bathroom home in the heart of Old North, where original character meets thoughtful updates. From the inviting covered front porch to the mature, tree-lined setting, this home has the warmth and character the neighbourhood is known for. Inside, beautiful hardwood floors, original trim, pocket doors and a wood-burning fireplace add timeless charm, while bright, updated spaces make the home feel fresh and functional.The renovated kitchen features crisp white cabinetry, quartzite countertops, stainless steel appliances, a large island with seating and plenty of storage, opening naturally into the dining area for easy everyday living and entertaining. The main living room is filled with natural light and showcases beautiful architectural details, creating a warm and inviting space to gather.Upstairs, you'll find three bedrooms and a full bathroom, including a spacious primary bedroom filled with natural light. Downstairs, additional finished living space offers plenty of flexibility, with room for a family room or playroom, a dedicated home office and a 3-piece bathroom.Outside, the private backyard feels like a little escape in the city, with mature trees, green space and a large deck perfect for summer dinners and entertaining. A private driveway and detached garage add even more convenience.All of this in one of London's most loved neighbourhoods, close to Western University, St. Joseph's Hospital, parks, schools and the shops and restaurants of Richmond Row and downtown. A character-filled Old North home with the updates, space and location to make everyday living easy.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$519,999
Land Transfer Taxes$9,475
Legal Fees (Est.)
$
Total cash required for closing$140,975

Total Monthly Obligation

$3,489/mo
Mortgage $2,622
Monthly Loss $2,799
Principal$690
Interest$1,932
Property Tax$492
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.4%25
10-Year IRR
9.4%
Returns Index
13.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$32,112/yr
NOI
$18,494/yr
Net Cash Flow
-$1,081/mo
Cash Margin
-40.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
23.4/ 100

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

Comparables

Properties near 943 Waterloo Street

Time

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