105 Tecumseh Avenue W, London South

$379,000
105 Tecumseh Avenue W

$379,000

New
3d
DetachedBungalow

105 Tecumseh Avenue W, London South

Total Monthly Obligation $2,185

Beds
2
Baths
1
Park
3
Sqft
1100-1500
DOM
3d
Score
29
Yield
7.6%
Cash on Cash
7.0%
Cap Rate
6.1%
5Y IRR
21.2%
10Y IRR
19.3%
Property Type-Detached
MLS® Number-X14098566
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-39.21 × 110 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,370 (2025)
Parking-3 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP - HODGSON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Other
Neighbourhood-South E
Title-Residential Freehold

No agent assigned

Welcome to the Coves, one of London's most charming and naturally beautiful neighbourhoods, where ponds, wetlands, trails and wildlife create a peaceful setting minutes from Wortley Village and downtown London. Tucked away and very near of this environmentally significant area, this one-floor home is just one property removed from the beauty of the Coves ponds and walking trails, with Murray Park across the street. Enjoy access to scenic trails connecting to the Thames Valley Parkway, perfect for walking/running/cycling, while remaining close to schools, shopping, restaurants and everyday conveniences. An exceptional opportunity for first-time buyers, downsizers or anyone looking for an affordable home in a special location, this charming property offers over 1,100 square feet of thoughtfully designed main-floor living space. A spacious covered front porch spans the width of the home, offering a welcoming place to sit and enjoy the neighbourhood. Inside, a bright and spacious living room opens to an eat-in kitchen featuring an island and plenty of cabinetry. 3 bedrooms are privately situated toward the back of the home, along with a full bathroom. One bedroom also offers a roughed-in ensuite, providing an interesting opportunity to add a second bathroom. Laundry could potentially be incorporated into this space with access from the side hallway. The high, unfinished basement offers excellent additional space and a blank canvas for future finishing ideas. Outside, you'll appreciate parking for several vehicles, a charming backyard with an outdoor living area, and a convenient storage shed. Priced under $400,000, this is a wonderful opportunity to enter the housing market without sacrificing space, location or lifestyle. Whether you're relaxing on the porch, exploring the trails or enjoying the surrounding Coves, this home offers something truly special. A rare combination of affordability, one-floor living and access to some of London's most beautiful natural spaces!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$303,200
Land Transfer Taxes$4,160
Legal Fees (Est.)
$
Total cash required for closing$81,460

Total Monthly Obligation

$2,185/mo
Mortgage $1,529
Monthly Loss $1,782
Principal$402
Interest$1,126
Property Tax$281
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.8%35
Cash-on-Cash
-0.3%7
5-Year IRR
15.5%74
10-Year IRR
15.1%
Returns Index
39.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
29/ 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
$28,836/yr
NOI
$18,082/yr
Net Cash Flow
-$22/mo
Cash Margin
-0.9%4
Cash Flow Index
4.0/ 100
Risk Profile
Weight: 20%
DSCR
0.9926
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
39.5/ 100

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

Comparables

Properties near 105 Tecumseh Avenue W

Time

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