666 St James Street, London East

$469,000
666 St James Street

$469,000

New
8d
DetachedBungalow

666 St James Street, London East

Total Monthly Obligation $2,511

Beds
3
Baths
1
Park
4
Sqft
700-1100
DOM
8d
Score
22
Yield
5.8%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Detached
MLS® Number-X14084478
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-50 × 346 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,934 (2025)
Parking-4 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-TEAM GLASSER REAL ESTATE BROKERAGE INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-flexible
Neighbourhood-East C
Title-Residential Freehold

No agent assigned

A rare opportunity awaits on this impressive 50' x 346' lot backing directly onto the green space of Carling Park! This 3-bedroom bungalow features an additional three-season sunroom and an expansive, private yard offering endless possibilities for outdoor enjoyment, entertaining, and future development potential. Major updates include a brand-new furnace installed in 2025 and a roof replaced in 2016. Explore the possibilities of an Additional Dwelling Unit (ADU)! With its exceptionally deep lot, this property may offer an exciting opportunity to add a secondary dwelling, subject to municipal zoning, permits, and applicable requirements. Buyers are encouraged to investigate the City of London's additional residential unit policies and any available incentives or programs that may support the creation of additional housing on the property. Enjoy an outstanding location just minutes from Downtown and Richmond Row, with shopping, groceries, parks, an arena, and an aquatic centre all within walking distance. Carling Park is right in your backyard, offering convenient access to soccer fields, tennis and basketball courts, and a playground. With convenient transit connections to both Fanshawe College and Western University, this property offers excellent flexibility for homeowners, investors, and those looking to explore additional rental income potential.

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

Closing Costs

Mortgage Amount
$375,200
Land Transfer Taxes$5,855
Legal Fees (Est.)
$
Total cash required for closing$101,155

Total Monthly Obligation

$2,511/mo
Mortgage $1,892
Monthly Loss $2,013
Principal$498
Interest$1,394
Property Tax$245
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.3%45
10-Year IRR
11.7%
Returns Index
23.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$27,300/yr
NOI
$17,136/yr
Net Cash Flow
-$464/mo
Cash Margin
-20.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
32.0/ 100

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

Comparables

Properties near 666 St James 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.