97 Chesley Avenue, London East

$374,900
97 Chesley Avenue

$374,900

New
16d
DetachedBungalow

97 Chesley Avenue, London East

Total Monthly Obligation $2,140

HausQ Valuation Report
Beds
3
Baths
1
Park
6
Sqft
1100-1500
DOM
16d
Score
46
Yield
8.8%
Cash on Cash
12.7%
Cap Rate
7.3%
5Y IRR
25.9%
10Y IRR
23.3%
Property Type-Detached
MLS® Number-X13871124
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-51 × 150 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,034 (2025)
Parking-8 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-UNIVERSAL CORPORATION OF CANADA (REALTY) LTD., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-flexible
Neighbourhood-East L
Title-Residential Freehold

No agent assigned

Beautiful and spacious 3 bedroom home with absolutely gorgeous decorative block outbuilding boasting 29' x 24' interior measurements with soaring ceilings and concrete floor (rough-ins and panel in place). 97 Chesley has a 51' frontage and beautiful backyard with a stunning patio and a well sized back and side yard. Furnace installed in 2021, electrical panel updated in 2021, tastefully presented in this quiet east London neighbourhood located just 7km from the 401 at Highbury Ave. Also, just a short stroll to amenities including, shoppers drugmart, homehardware, public library, green space, and much much more.

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

Closing Costs

Mortgage Amount
$299,920
Land Transfer Taxes$4,099
Legal Fees (Est.)
$
Total cash required for closing$80,579

Total Monthly Obligation

$2,140/mo
Mortgage $1,512
Monthly Loss $1,742
Principal$398
Interest$1,114
Property Tax$253
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.9%49
Cash-on-Cash
5.0%22
5-Year IRR
19.8%91
10-Year IRR
18.6%
Returns Index
55.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
46/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,976/yr
NOI
$22,144/yr
Net Cash Flow
$333/mo
Cash Margin
12.1%36
Cash Flow Index
36.0/ 100
Risk Profile
Weight: 20%
DSCR
1.2247
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo75
Risk Index
46.8/ 100

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

Comparables

Properties near 97 Chesley 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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.