25 SAUNBY Street, London North

$759,000
25 SAUNBY Street

$759,000

New
92d
DetachedBungalow-Raised

25 SAUNBY Street, London North

Total Monthly Obligation $3,892

Beds
6
Baths
2
Park
4
Sqft
1100-1500
DOM
92d
Score
17
Yield
4.5%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-X13597898
Beds-6
Bathrooms-2
Size-1100-1500 sqft
Lot Size-26.24 × 150.56 ft
Listed on site-Jul 23, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,465 (2025)
Parking-4 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-IMMEDIATELY
Neighbourhood-North K
Title-Residential Freehold

No agent assigned

ATTENTION INVESTORS! Residential Rental Unit License (RRUL) in place, 6-BDRM & 2-4pc-BTH DWELLING. ALL 6 BDRMS RENTED AT $750/MONTH! An outstanding opportunity to add a purposefully designed six-LARGE-bedroom & 2-4pc bathroom raised bungalow to your investment portfolio. Built in 1995, this 2,319 sq. ft. all-brick home offers a thoughtfully designed 3+3 floor plan with an open-concept main level that maximizes space and functionality. Whether you're looking for a student rental, multi-generational living, or long-term investment potential, this property offers exceptional flexibility. Featuring 6 oversized bdrms and 2 spacious 4-pc bthrms, every bdrm easily accommodates a queen-size bed, desk, dresser, and additional furniture. The 3 lower-level bdrms feature large windows, creating bright, comfortable living spaces. Open-concept main level features a spacious living rm, separate dining area, and generously sized, bright eat-in kitchen, creating an inviting space for everyday living, entertaining, or shared accommodations. Recent improvements include new laminate flooring throughout most of the home, freshly painted interiors, carpet-free living spaces, a 6-month-old air conditioner, and furnace (2015). The durable all-brick exterior and low-maintenance lot with minimal grass to cut make this an easy property to own and maintain. The home's practical layout also offers excellent potential for future wheelchair accessibility, adding long-term versatility. Minutes from Western University, King's University College, University Hospital, downtown London, shopping, restaurants, parks, and public transit, this property is ideally positioned to attract strong rental demand while also appealing to future owner-occupants. Whether you're expanding your investment portfolio, purchasing for university-bound students, or planning for future family use, 25 Saunby St combines generous room sizes, a thoughtfully designed layout, and low-maintenance ownership.

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

Closing Costs

Mortgage Amount
$607,200
Land Transfer Taxes$11,655
Legal Fees (Est.)
$
Total cash required for closing$164,955

Total Monthly Obligation

$3,892/mo
Mortgage $3,062
Monthly Loss $3,086
Principal$806
Interest$2,256
Property Tax$455
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.9%23
10-Year IRR
9.0%
Returns Index
12.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$34,032/yr
NOI
$20,664/yr
Net Cash Flow
-$1,340/mo
Cash Margin
-47.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.3/ 100

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

Comparables

Properties near 25 SAUNBY Street

Time

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Data last updated within the past 24 hours.