1794 Culver Drive, London East

$439,500
1794 Culver Drive

$439,500

New
3d
Semi-Detached 2-Storey

1794 Culver Drive, London East

Total Monthly Obligation $2,356

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
3d
Score
27
Yield
6.8%
Cash on Cash
4.9%
Cap Rate
5.6%
5Y IRR
19.5%
10Y IRR
17.9%
Property Type-Semi-Detached
MLS® Number-X14096446
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-29.95 × 127.43 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$2,498 (2025)
Parking-5 - Detached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-THRIVE REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-East H
Title-Residential Freehold

No agent assigned

Car enthusiasts/hobbyists take note ... this great property has a large 20 x 22' detached garage with hydro and rough in for heating! You won't find many semi-detached homes with a garage like this. The pie shaped lot is larger than average as well ... approx. 30 X 144 X 48 X 127'. The spacious open layout main floor has a 3 season sunroom addition that overlooks the private backyard. While the kitchen is older, it offers great workspace and is open to the dining area. Three bedrooms on the second floor ... at 13.5 x 11.7' the primary bedroom offers the room for a nice bedroom suite. More living space in the basement with rec-room and 2 piece bathroom. Roof shingles replaced in 2021, as well as resurfacing of the long driveway. Forced air gas furnace approx. 2016. This lovely home is located conveniently to lots of shopping, restaurants, schools, Culver Park is just down the street, as well as public transportation routes with easy commute to Fanshawe College. Lots of great features with this home, early possession available, and easy to arrange your viewing!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$351,600
Land Transfer Taxes$5,265
Legal Fees (Est.)
$
Total cash required for closing$94,665

Total Monthly Obligation

$2,356/mo
Mortgage $1,773
Monthly Loss $1,889
Principal$467
Interest$1,306
Property Tax$208
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.6%5
5-Year IRR
14.4%67
10-Year IRR
14.1%
Returns Index
35.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$29,700/yr
NOI
$19,732/yr
Net Cash Flow
-$128/mo
Cash Margin
-5.2%2
Cash Flow Index
1.7/ 100
Risk Profile
Weight: 20%
DSCR
0.9322
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo70
Risk Index
36.5/ 100

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

Comparables

Properties near 1794 Culver Drive

Time

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