8 McKenzie Avenue, London South

$749,900
8 McKenzie Avenue

$749,900

New
16d
Detached1 1/2 Storey

8 McKenzie Avenue, London South

Total Monthly Obligation $3,773

Beds
4
Baths
2
Park
2
Sqft
1500-2000
DOM
16d
Score
18
Yield
4.4%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-X13873620
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-30 × 115 ft
Listed on site-Oct 7, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$4,476 (2025)
Parking-2 - None
Basement-Full, Unfinished, Development Potential
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-South F
Title-Residential Freehold

No agent assigned

Prime Old South location on one of Wortley Village's most sought-after streets! Just steps from the shops, cafés, restaurants and vibrant community atmosphere of Wortley Village, this beautifully updated 3+1 bedroom bungalow with loft combines timeless character with stylish modern updates. The updated kitchen features a new quartz countertop and new LVP flooring (2026). The completely renovated main-floor bathroom is a true standout, offering a spa-inspired retreat with a large glass walk-in shower, heated floors, custom walnut cabinetry and quartz countertops. The original hardwood flooring and trim have been maintained along with thoughtful updates throughout, including upgraded plumbing and electrical with knob-and-tube wiring removed, plus Hunter Douglas automatic Silhouette window shades in the main living areas. Step outside to your own private backyard oasis, where multi-level decking and a privacy fence create the perfect setting for summer dining, entertaining or unwinding at the end of the day. At the front of the home, an oversized covered porch overlooks mature, low-maintenance perennial gardens-an idyllic spot for morning coffee and enjoying the character of this established neighbourhood. A concrete parking pad accommodates two cars, while a large rear garden shed provides plenty of additional storage. A special Old South opportunity in an exceptional Wortley Village location - a real must see!

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

Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$3,773/mo
Mortgage $3,025
Monthly Loss $2,977
Principal$796
Interest$2,229
Property Tax$373
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.1%24
10-Year IRR
9.1%
Returns Index
13.1/ 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
$33,192/yr
NOI
$20,897/yr
Net Cash Flow
-$1,283/mo
Cash Margin
-46.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
21.9/ 100

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

Comparables

Properties near 8 McKenzie 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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Data last updated within the past 24 hours.