10 Exmouth Drive, London East

$614,900
10 Exmouth Drive

$614,900

New
3d
Detached2-Storey

10 Exmouth Drive, London East

Total Monthly Obligation $3,179

Beds
3
Baths
3
Park
4
Sqft
1100-1500
DOM
3d
Score
19
Yield
4.9%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X14098132
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-40 × 98 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$3,889 (2026)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-90 Flexible
Neighbourhood-East I
Title-Residential Freehold

No agent assigned

Welcome to 10 Exmouth Drive, an immaculately maintained family home tucked off a quiet street in East London. This two-storey home features 3 spacious bedrooms, 3 total bathrooms, a finished basement, and is completely move in ready. From the moment you walk in, it's clear this home has been immaculately cared for and thoughtfully updated in every room. The main floor offers a bright living room, and spacious kitchen that leads out to the large backyard. Upstairs, you'll find 3 large bedrooms with plenty of storage space. With intentional upgrades throughout the entire home, the next owner just has to unlock the door and unpack. The basement is fully finished, adding the perfect space for a second living room, a home office, home gym or kids play area. Outside the home, you'll love the convenience of the single-car garage, fenced backyard and the peaceful neighbourhood setting. UPGRADES INCLUDE: Furnace (2017) Air Conditioner (2017) Cement Lane Way (2019) Roof (2011 with 50 year shingles

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

Closing Costs

Mortgage Amount
$491,920
Land Transfer Taxes$8,773
Legal Fees (Est.)
$
Total cash required for closing$133,253

Total Monthly Obligation

$3,179/mo
Mortgage $2,480
Monthly Loss $2,527
Principal$653
Interest$1,828
Property Tax$324
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%29
10-Year IRR
9.9%
Returns Index
15.9/ 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
$30,168/yr
NOI
$18,762/yr
Net Cash Flow
-$917/mo
Cash Margin
-36.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
25.5/ 100

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

Comparables

Properties near 10 Exmouth Drive

Time

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Data last updated within the past 24 hours.