3 Marmora Street, London East

$409,000
3 Marmora Street

$409,000

New
7d
Detached1 1/2 Storey

3 Marmora Street, London East

Total Monthly Obligation $2,301

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
7d
Score
26
Yield
7.0%
Cash on Cash
4.9%
Cap Rate
5.6%
5Y IRR
19.5%
10Y IRR
17.8%
Property Type-Detached
MLS® Number-X14088040
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-34.69 × 104 ft
Listed on site-Oct 16, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,319 (2025)
Parking-2 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete, Brick, Block
Sewer-Sewer
Possession-30 days
Neighbourhood-East L
Title-Residential Freehold

No agent assigned

Newly priced at $409,000, this 1904 East End brick home brings character and a fully fenced yard together at a price that is hard to match in this neighbourhood. Homes with this much to offer at this price don't tend to stay on the market long.A tiled foyer opens into a bright living room and a dining room big enough for real gatherings. The main-floor bedroom works easily as a home office, studio or guest space. The main bathroom has new flooring, and the kitchen got a new fridge and stove in 2026, with a door straight out to the backyard.Upstairs, both bedrooms have a walk-in closet, which is rare in a home this age. The second bathroom has a handheld shower and follows the home's original roofline. Laundry on the second floor makes everyday life easy.In spring, the fully fenced yard fills in with established flowering perennials, the kind of garden that takes years to grow. A solid concrete pad gives you a ready spot for outdoor seating, a barbecue or a fire table.The gutters and gutter guards were added in 2024, and two private driveways give you parking that is hard to find in this part of the East End. You can walk to South Branch Park, the Thames River trails, the TVP, local cafes and transit.At $409,000, this is a well-cared-for home with real character and room to make it your own. Book your showing today.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$327,200
Land Transfer Taxes$4,655
Legal Fees (Est.)
$
Total cash required for closing$87,955

Total Monthly Obligation

$2,301/mo
Mortgage $1,650
Monthly Loss $1,867
Principal$434
Interest$1,216
Property Tax$277
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.0%5
5-Year IRR
14.2%66
10-Year IRR
14.0%
Returns Index
34.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$28,740/yr
NOI
$18,047/yr
Net Cash Flow
-$146/mo
Cash Margin
-6.1%1
Cash Flow Index
1.5/ 100
Risk Profile
Weight: 20%
DSCR
0.9121
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
36.7/ 100

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

Comparables

Properties near 3 Marmora Street

Time

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