45 Cheviot Place, London South

$697,900
45 Cheviot Place

$697,900

New
8d
DetachedBacksplit 4

45 Cheviot Place, London South

Total Monthly Obligation $3,524

HausQ Valuation Report
Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
8d
Score
17
Yield
3.8%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-X14082750
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40 × 97.49 ft
Listed on site-Oct 15, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$4,006.58 (2025)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-PRIME REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Above Ground, Salt
Facing-West
Exterior-Brick
Roof-Metal
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South R
Title-Residential Freehold

No agent assigned

Welcome to this beautifully updated four-level backsplit, perfectly situated on a quiet cul-de-sac in the highly desirable Lockwood Park neighbourhood of London. This immaculate, move-in ready home blends thoughtful interior upgrades with an exterior built for entertaining. The main level is flooded with natural light from large windows and a dining room skylight, complementing the elegant, updated kitchen. Upstairs, you will find hardwood floors throughout three large bedrooms. The expansive lower-level family room invites you to unwind by the cozy fireplace. Step outside to discover your own private backyard oasis. This spectacular outdoor space features meticulously maintained gardens and an above ground saltwater pool strategically placed around a 24x16 composite deck; both were installed four years ago. Enjoy incredible peace of mind with major updates already completed. The standout feature is a premium ten-year-old metal roof which includes a fifty-year transferable warranty. Located just minutes from Victoria Hospital, excellent schools, Highland Golf Country Club, and highway access, this stunning turn-key home blends serene suburban living with ultimate city convenience.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$558,320
Land Transfer Taxes$10,433
Legal Fees (Est.)
$
Total cash required for closing$151,513

Total Monthly Obligation

$3,524/mo
Mortgage $2,815
Monthly Loss $2,783
Principal$741
Interest$2,074
Property Tax$334
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.1%15
10-Year IRR
7.6%
Returns Index
8.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$26,760/yr
NOI
$15,577/yr
Net Cash Flow
-$1,517/mo
Cash Margin
-68.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
22.5/ 100

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

Comparables

Properties near 45 Cheviot Place

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.