186 VICTORIA Street, Southwest Middlesex

$399,900
186 VICTORIA Street

$399,900

New
56d
Detached1 1/2 Storey

186 VICTORIA Street, Southwest Middlesex

Total Monthly Obligation $2,119

Beds
3
Baths
1
Park
5
Sqft
1100-1500
DOM
56d
Score
24
Yield
6.0%
Cash on Cash
2.2%
Cap Rate
5.1%
5Y IRR
17.3%
10Y IRR
16.0%
Property Type-Detached
MLS® Number-X13722902
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-66 × 132 ft
Listed on site-Aug 28, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$1,574 (2025)
Parking-6 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Glencoe
Title-Residential Freehold

No agent assigned

IMMEDIATE POSSESSION AVAILABLE! This updated 1.5 storey, 3 bedroom home offers a blend of charm and modern improvements. The new kitchen features new stainless steel appliances, quartz countertops, a stylish backsplash, and plenty of cabinet and counter space. Bright, natural light fills the home throughout. Convenient main floor bedroom, and 2 spacious bedrooms upstairs with lots of closet space. The main floor also includes a laundry room with new stacked washer/dryer and a separate rear mudroom. Updates include electrical, plumbing, roof, heating, flooring, trim, doors, and more. Situated on a .2 acre lot, there's plenty of outdoor space for kids to play or other possibilities! A long gravel driveway leads to the 17x11 detached garage with a 9x7 overhead door - ideal for storage or a workshop. Glencoe offers everyday amenities such as groceries, restaurants, the Glencoe Arena, and daily Via Rail service. Conveniently located near Hwy 401, Newbury, Four Counties Hospital, and Wardsville Golf Club, and just 35 minutes to London or Chatham. Some photos virtually staged.

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,119/mo
Mortgage $1,613
Monthly Loss $1,695
Principal$424
Interest$1,189
Property Tax$131
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.5%3
5-Year IRR
12.2%51
10-Year IRR
12.3%
Returns Index
26.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$24,000/yr
NOI
$15,526/yr
Net Cash Flow
-$319/mo
Cash Margin
-16.0%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
36.5/ 100

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

Comparables

Properties near 186 VICTORIA Street

Time

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