121 Boullee Street, London East

$349,900
121 Boullee Street

$349,900

New
8d
Detached2-Storey

121 Boullee Street, London East

Total Monthly Obligation $2,036

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
8d
Score
39
Yield
8.5%
Cash on Cash
11.2%
Cap Rate
7.0%
5Y IRR
24.6%
10Y IRR
22.2%
Property Type-Detached
MLS® Number-X14082230
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-35.47 × 136.6 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,997.96 (2025)
Parking-3 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-PRIME REAL ESTATE 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 C
Title-Residential Freehold

No agent assigned

Step into this bright and inviting open-concept detached home featuring 3 bedrooms and 2 full bathrooms. Ideal for first-time buyers, young families, or investors, the main floor offers soaring 9-foot ceilings and a functional layout complete with a convenient breakfast bar.Enjoy outdoor living on the private two-tier deck overlooking a spacious, fully fenced backyardwith plenty of privacy. Set on a mature, tree-lined street, this home combines comfort,functionality, and a welcoming neighbourhood setting.Recent updates include some newer windows, an updated electrical panel, and a newer furnace andair conditioner, both installed in 2018. Conveniently located between Western University,Fanshawe College, and downtown, with schools, parks, shopping, transit, and everyday amenitiesall within easy reach.A fantastic opportunity to enter the market or add a well-located property to your investmentportfolio.

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

Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,036/mo
Mortgage $1,411
Monthly Loss $1,665
Principal$371
Interest$1,040
Property Tax$250
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.5%44
Cash-on-Cash
3.2%15
5-Year IRR
18.4%87
10-Year IRR
17.5%
Returns Index
49.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
39/ 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
$29,832/yr
NOI
$19,351/yr
Net Cash Flow
$201/mo
Cash Margin
8.1%20
Cash Flow Index
20.1/ 100
Risk Profile
Weight: 20%
DSCR
1.1439
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo79
Risk Index
45.4/ 100

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

Comparables

Properties near 121 Boullee Street

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.