512 Piccadilly Street, London East

$749,000
512 Piccadilly Street

$749,000

New
7d
Detached2 1/2 Storey

512 Piccadilly Street, London East

Total Monthly Obligation $4,106

Beds
5
Baths
2
Park
1
Sqft
3000-3500
DOM
7d
Score
16
Yield
4.0%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.2%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-X14089088
Beds-5
Bathrooms-2
Size-3000-3500 sqft
Lot Size-40 × 160 ft
Listed on site-Oct 16, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$8,514.66 (2026)
Parking-3 - Detached
Basement-Unfinished, Partial Basement
Heating-Baseboard (Gas)
Brokerage-SUTTON GROUP - SELECT REALTY
Cooling-Central Air, Window Unit(s)
Laundry-No
Fireplace-Electric
Pool-None
Facing-North
Exterior-Board & Batten , Brick
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Sewer
Possession-Could be flexible
Neighbourhood-East F
Title-Residential Freehold

No agent assigned

Stately, turn of the century yellow brick three storey home with private drive and oversized double car garage accessible thru rear alleyway. Abundance of exterior charm and character with dichromatic brick treatment, accented by decorative trim and finial treatments. Inside you will find high ceilings, and baseboards, original wainscotting and many stained glass window features. The main floor has been extensively renovated in recent years with new flooring, drywall, Kitchen, three piece Bathroom, and laundry room. Main floor family room addition with oversized windows overlooking the large low maintenance backyard. New split unit in family room for comfortable year round living. The second floor consists of three bedrooms and recently renovated 4 piece bathroom. The bonus third floor loft offers a variety of uses depending on your needs. Currently divided into two rooms for future flexibility. Furnace and AC replaced in 2023, shingles replaced in 2024, Plumbing and wiring have all been updated. The Piccadilly neighbourhood offers a vibrant community atmosphere. Residents enjoy summer porch concerts and the area is filled with local favourites just a short walk away, including The Bag Lady, Locomotive Espresso, Black Walnut Cafe, Havens Creamery, and The B & B Restaurant.

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

Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$4,106/mo
Mortgage $3,021
Monthly Loss $3,311
Principal$795
Interest$2,226
Property Tax$710
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.8%0
5-Year IRR
4.9%11
10-Year IRR
6.7%
Returns Index
6.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$30,000/yr
NOI
$13,985/yr
Net Cash Flow
-$1,856/mo
Cash Margin
-74.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
19.6/ 100

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

Comparables

Properties near 512 Piccadilly Street

Time

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