12 Stevenson Avenue, London East

$549,999
12 Stevenson Avenue

$549,999

New
3d
DetachedBungalow

12 Stevenson Avenue, London East

Total Monthly Obligation $3,002

Beds
4
Baths
2
Park
5
Sqft
700-1100
DOM
3d
Score
19
Yield
5.3%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Detached
MLS® Number-X14100272
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-49.76 × 95.24 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,905 (2026)
Parking-6 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-FLEXIBLE - TBD
Neighbourhood-East N
Title-Residential Freehold

No agent assigned

Welcome to 12 Stevenson Avenue, a beautifully renovated bungalow offering exceptional versatility, impressive upgrades, and an abundance of parking. Extensively renovated in 2023,this move-in-ready home showcases quality finishes and thoughtful improvements throughout, with significant investment made to create a stylish and functional living space. The main level features 3 spacious bedrooms, gleaming hardwood flooring, modern pot lights, and bright, inviting layout. At the heart of the home is the stunning custom kitchen, designed with both everyday living and entertaining in mind, featuring beautiful finishes, ample cabinetry, and plenty of workspace. The fully finished basement adds even more living space and features a separate entrance, an additional bedroom, and excellent flexibility for a growing or multi-generational family, home office, recreation space, or extended living arrangements. Outside, the property continues to impress with a detached garage, two separate driveways, and parking for up to 6 vehicles - a rare and valuable feature.

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

Closing Costs

Mortgage Amount
$439,999
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$3,002/mo
Mortgage $2,219
Monthly Loss $2,418
Principal$584
Interest$1,635
Property Tax$409
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%30
10-Year IRR
10.0%
Returns Index
16.0/ 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
$29,088/yr
NOI
$16,774/yr
Net Cash Flow
-$821/mo
Cash Margin
-33.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.7/ 100

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

Comparables

Properties near 12 Stevenson Avenue

Time

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