131 Bond Street, London South

$469,900
131 Bond Street

$469,900

Price Change
45d
DetachedBungalow

131 Bond Street, London South

Total Monthly Obligation $2,507

Beds
2
Baths
2
Park
3
Sqft
700-1100
DOM
45d
Score
23
Yield
5.9%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-X13761076
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-42 × 120 ft
Listed on site-Sep 8, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,833 (2025)
Parking-4 - Carport
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-South
Exterior-Other
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-0-30
Neighbourhood-South H
Title-Residential Freehold

No agent assigned

Charming Old South Bungalow - Walk to Victoria Hospital! Welcome to 131 Bond Street, a bright, well-kept bungalow in London's sought-after Old South. Victoria Hospital is within walking distance, with Wortley Village, downtown, transit and trails all nearby. An ideal opportunity for a first-time buyer, downsizer or investor seeking a manageable home in a highly desirable location. The main level combines timeless character with fresh updates, featuring rounded archways, detailed mouldings, a brick fireplace with mantel and plenty of natural light. The updated kitchen offers brand new stainless steel appliances, including a dishwasher. Two bedrooms and a full bathroom complete the main floor, with a convenient side entrance off the carport providing easy access to the home and backyard. The fully finished lower level offers valuable additional living space with good ceiling height, brand new carpet, a large recreation area with bar, second 3-piece bathroom, spacious laundry room and generous storage/mechanical room. Ideal for a first-time buyer needing extra space, a downsizer wanting room for guests or hobbies, or an investor looking for additional flexibility. Outside, enjoy the brand new oversized deck with custom railing, perfect for entertaining or relaxing in the backyard. The location is a standout: walk to Victoria Hospital, reach downtown by direct transit in under 10 minutes, enjoy the shops and restaurants of Wortley Village, and take advantage of easy bike access to the Thames Valley Parkway and extensive city trails. Affordable to maintain and move-in ready - 131 Bond Street is a smart opportunity in one of London's most convenient neighbourhoods.

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

Closing Costs

Mortgage Amount
$375,920
Land Transfer Taxes$5,873
Legal Fees (Est.)
$
Total cash required for closing$101,353

Total Monthly Obligation

$2,507/mo
Mortgage $1,895
Monthly Loss $2,008
Principal$499
Interest$1,397
Property Tax$236
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.2%2
5-Year IRR
11.6%47
10-Year IRR
11.9%
Returns Index
24.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$27,588/yr
NOI
$17,496/yr
Net Cash Flow
-$437/mo
Cash Margin
-19.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
32.2/ 100

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

Comparables

Properties near 131 Bond Street

Time

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