30 COWAN Avenue, London South

$669,900
30 COWAN Avenue

$669,900

New
8d
DetachedSidesplit 4

30 COWAN Avenue, London South

Total Monthly Obligation $3,433

Beds
6
Baths
2
Park
2
Sqft
1100-1500
DOM
8d
Score
19
Yield
4.8%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-X14093396
Beds-6
Bathrooms-2
Size-1100-1500 sqft
Lot Size-70 × 100 ft
Listed on site-Oct 15, 2026
Style-Sidesplit 4
Building Type-Detached
Age-51-99
Taxes-$4,275 (2025)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-South R
Title-Residential Freehold

No agent assigned

SPACE, STYLE & INCREDIBLE INCOME POTENTIAL! Welcome to 30 Cowan Avenue, an impressive and beautifully updated 4-level sidesplit nestled in the sought-after Lockwood Park neighbourhood of South London! Offering an exceptional 3+3 bedroom layout, 2 full bathrooms, and 2 kitchens, this versatile home is perfect for growing families, multigenerational living, extended families, or savvy buyers looking to explore rental income opportunities! Situated on a generous 70 x 100 ft lot, this move-in ready home has been tastefully refreshed with updated flooring, fresh paint, and renovated bathrooms, creating a warm and inviting atmosphere throughout. The bright and spacious main level features comfortable living and dining areas, ideal for everyday family living and entertaining. A beautiful four-season sunroom provides additional living space and the perfect setting to enjoy your morning coffee, unwind after a long day, or overlook the private backyard. What truly sets this property apart is its incredible flexibility! With six bedrooms spread across multiple levels, a second kitchen, and finished lower-level living space, the home offers exciting possibilities for an in-law suite, accommodating extended family, multigenerational living, or generating supplementary rental income. Whether you're looking to live comfortably while exploring ways to offset your mortgage or simply need room for the whole family, this property delivers! Enjoy a spacious backyard with room to entertain, garden, or relax, along with an attached garage and private driveway. Conveniently located minutes from schools, parks, shopping, restaurants, public transit, Victoria Hospital, LHSC, Westminster Ponds, and Highway 401. A RARE OPPORTUNITY to own a spacious, updated, and incredibly versatile home in an established South London neighbourhood. ONE HOME, ENDLESS POSSIBILITIES!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$535,920
Land Transfer Taxes$9,873
Legal Fees (Est.)
$
Total cash required for closing$145,353

Total Monthly Obligation

$3,433/mo
Mortgage $2,702
Monthly Loss $2,722
Principal$711
Interest$1,991
Property Tax$356
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
8.9%29
10-Year IRR
9.8%
Returns Index
15.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$32,172/yr
NOI
$20,180/yr
Net Cash Flow
-$1,021/mo
Cash Margin
-38.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.628
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.9/ 100

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

Comparables

Properties near 30 COWAN Avenue

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.