26 Thornton Avenue, London East

$549,900
26 Thornton Avenue

$549,900

New
3d
Detached2-Storey

26 Thornton Avenue, London East

Total Monthly Obligation $2,948

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
3d
Score
20
Yield
5.4%
Cash on Cash
-2.0%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-X14099472
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-33.33 × 140 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,258 (2025)
Parking-4 - None
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-On Ground
Facing-East
Exterior-Aluminum Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-East B
Title-Residential Freehold

No agent assigned

EXCEPTIONAL VALUE ON COVETED THORNTON AVENUE IN OLD NORTH LONDON! Mature trees, beautiful character homes & one of London's most loved neighbourhoods set the stage for a property offering so much more than you might expect.Lovingly maintained & thoughtfully upgraded, this home features a spacious main-floor primary bedroom with French doors & oversized window. The dining area flows into the renovated kitchen featuring an eat-up breakfast bar, quartz countertops, matte grey subway tile backsplash, navy shaker cabinetry, ample storage & SS appliances. The bright living room offers abundant natural light through oversized sliding doors overlooking the mature, tree-covered backyard oasis. A 2-pc bath, main-floor laundry & convenient side entrance complete this level.Upstairs are 2 generous bedrooms, both with custom built-in closets featuring shelving & drawers, plus a renovated 4-pc bath.Outside, the striking cranberry exterior with black accents pops against lush landscaping. Set on a deep 33'x140' lot with parking for 4, the backyard is made for summer: on-ground pool, hot tub, large deck, additional seating area, 16'x10' workshop with hydro + 8'x8' storage shed. Think pool parties, music playing, drinks on the patio, kids splashing & friends gathered beneath the mature trees-all tucked into the charm, walkability & community of Old North. UPDATES: Roof (2023), Furnace (2015), Pool Heater (2022), Pool Pump (2015), Kitchen w/Quartz & Backsplash (2021), Flooring (2023), Bathroom (2023), Paint (2026), Custom Built-Ins, Pot Lights, Front Door, Nest Thermostat & Side Concrete Steps.Full Upgrades List & Floor Plans Available.

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,948/mo
Mortgage $2,218
Monthly Loss $2,364
Principal$584
Interest$1,634
Property Tax$355
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
18.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$29,472/yr
NOI
$17,767/yr
Net Cash Flow
-$738/mo
Cash Margin
-30.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
27.4/ 100

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

Comparables

Properties near 26 Thornton Avenue

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