141 Fairhaven Circle, London East

$599,900
141 Fairhaven Circle

$599,900

New
42d
DetachedBungalow

141 Fairhaven Circle, London East

Total Monthly Obligation $3,172

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
42d
Score
20
Yield
5.3%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-X13780204
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-65.01 × 150 ft
Listed on site-Sep 11, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,525 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-East O
Title-Residential Freehold

No agent assigned

Rarely does a home come along that offers this much space, land, and versatility in such a family-friendly setting. Welcome to 141 Fairhaven Circle, a spacious one-floor home set on a huge lot in a quiet, established London neighborhood. Proudly owned by the original owner since it was built, this property offers a unique opportunity to make a well-loved home your own. Some highly desirable features for a home in this area include the three good-sized bedrooms, a full dining room in addition to the eat-in kitchen and two full bathrooms. The spacious layout provides plenty of room for family living, while the large front porch and expansive front yard create excellent curb appeal and a welcoming first impression. The impressive attached garage is a standout feature, offering exceptional depth with room for 2-3 vehicles and an additional garage door opening to the backyard. Whether you need space for vehicles, hobbies, workshop use, storage, or recreational equipment, this garage provides tremendous versatility. The backyard is equally impressive, featuring a huge lot of 150 feet deep with mature fruit trees and a large patio - an ideal setting for entertaining, relaxing, gardening, or enjoying time with family. The basement features large egress windows, providing excellent natural light and offering flexibility for future living space, recreation, hobbies, or additional bedrooms. A truly special opportunity to own a spacious, original-owner home. Homes with this combination of space, lot size, garage capacity, and location are increasingly difficult to find. Don't miss out!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,172/mo
Mortgage $2,420
Monthly Loss $2,535
Principal$637
Interest$1,783
Property Tax$377
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$31,800/yr
NOI
$19,595/yr
Net Cash Flow
-$787/mo
Cash Margin
-29.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
26.0/ 100

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

Comparables

Properties near 141 Fairhaven Circle

Time

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