686 Elias Street, London East

$459,000
686 Elias Street

$459,000

New
2d
Detached1 1/2 Storey

686 Elias Street, London East

Total Monthly Obligation $2,478

HausQ Valuation Report
Beds
5
Baths
2
Park
3
Sqft
1500-2000
DOM
2d
Score
39
Yield
8.0%
Cash on Cash
10.1%
Cap Rate
6.8%
5Y IRR
23.7%
10Y IRR
21.4%
Property Type-Detached
MLS® Number-X14101828
Beds-5
Bathrooms-2
Size-1500-2000 sqft
Lot Size-33 × 112 ft
Listed on site-Oct 21, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,018 (2025)
Parking-4 - Detached
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-East G
Title-Residential Freehold

No agent assigned

Welcome to 686 Elias Street in the revitalized Old East Village! This extensively updated 5-bedroom, 2-bathroom home offers approximately 1,577 sq. ft. of comfortable living space has been updated from top to bottom. Features include 9 foot ceilings in main level, all-new electrical, new furnace, new A/C and new Hot water tank (ALL OWNED), plus a fantastic 4-season heated front sunroom. The long driveway provides parking for multiple vehicles, while the large detached garage is ideal for hobby enthusiasts, workshop space, or additional storage. Stainless steel appliances come included to make this property completely worry free and move in ready or a turnkey property to add to you're investment portfolio with excellent income potential. Conveniently located close to the shops, restaurants, cafes, public transit, parks, and amenities of Old East Village. A move-in-ready home offering plenty of space, updates, and exceptional parking. Priced to sell.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$367,200
Land Transfer Taxes$5,655
Legal Fees (Est.)
$
Total cash required for closing$98,955

Total Monthly Obligation

$2,478/mo
Mortgage $1,851
Monthly Loss $1,991
Principal$487
Interest$1,364
Property Tax$252
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.5%44
Cash-on-Cash
3.2%16
5-Year IRR
18.4%87
10-Year IRR
17.4%
Returns Index
49.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
39/ 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
$36,600/yr
NOI
$25,422/yr
Net Cash Flow
$267/mo
Cash Margin
8.8%22
Cash Flow Index
22.3/ 100
Risk Profile
Weight: 20%
DSCR
1.1440
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
41.1/ 100

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

Comparables

Properties near 686 Elias Street

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.