5 Mckenzie Avenue, London South

$699,900
5 Mckenzie Avenue

$699,900

New
3d
Detached1 1/2 Storey

5 Mckenzie Avenue, London South

Total Monthly Obligation $3,587

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
3d
Score
17
Yield
4.1%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-X14097786
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-34 × 120 ft
Listed on site-Oct 20, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,660 (2025)
Parking-2 - None
Basement-Development Potential, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Rolled
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-South F
Title-Residential Freehold

No agent assigned

Beautiful fully renovated home in the heart of highly sought after Wortley Village. Located on one of Old South's best streets. This home has been done from top to bottom!. Brand new open concept kitchen with quartz countertops, modern lighting, large island and high end appliances. Both bathrooms have been completely redone using top of the line finishes, including quartz countertops. New windows (2 years old). The new pot lights and new 6 inch white oak engineered flooring throughout the house really brighten it up. Huge patio door with transom windows add lots of natural light. Basement has great height and can easily be finished to double the living space. Fully fenced yard with large southern facing deck and shed. Private parking for 2 vehicles, updated shingles, eves, fascia and added insulation. You can have it all with this home! Just a short walk to all of the amenities Wortley Village has to offer. Save on gas and walk to the grocery store, multiple restaurants, cafes, local library, bank, salons, parks and schools.

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,587/mo
Mortgage $2,823
Monthly Loss $2,844
Principal$743
Interest$2,080
Property Tax$388
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.6%17
10-Year IRR
8.0%
Returns Index
9.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$28,668/yr
NOI
$16,641/yr
Net Cash Flow
-$1,436/mo
Cash Margin
-60.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.3/ 100

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

Comparables

Properties near 5 Mckenzie 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.