6 HEATH Place, London South

$529,900
6 HEATH Place

$529,900

New
31d
DetachedBacksplit 4

6 HEATH Place, London South

Total Monthly Obligation $2,789

Beds
5
Baths
2
Park
5
Sqft
700-1100
DOM
31d
Score
21
Yield
5.6%
Cash on Cash
-0.5%
Cap Rate
4.5%
5Y IRR
15.2%
10Y IRR
14.3%
Property Type-Detached
MLS® Number-X13816010
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-55 × 100 ft
Listed on site-Sep 22, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$3,319 (2025)
Parking-5 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-TEAM GLASSER REAL ESTATE BROKERAGE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-South T
Title-Residential Freehold

No agent assigned

Welcome to 6 Heath Place, a beautifully maintained split-level home offering stylish updates, flexible living space and a backyard that truly stands out. The beautifully renovated kitchen is the heart of the home, featuring quartz countertops, shaker-style cabinetry, subway tile backsplash, stainless steel appliances and modern finishes that blend style with everyday functionality. The bright main level is filled with natural light, creating an inviting space for both everyday living and entertaining. Upstairs, you'll find three bedrooms with hardwood flooring and a full bathroom. The finished lower level adds two additional bedrooms, a versatile bonus room, a second bathroom and a separate side entrance, making the space well suited for multigenerational living while also offering excellent in-law suite potential. Step outside and enjoy a backyard that's designed to be experienced. Mature trees, thoughtfully landscaped gardens, a tranquil pond with a charming bridge, raised garden beds and an expansive patio create a private outdoor retreat that's equally suited for summer entertaining, gardening or simply relaxing with your morning coffee. An unfinished utility area provides exceptional storage and workspace. Ideally located just minutes from White Oaks Mall, Victoria Hospital, parks, schools, shopping, restaurants and Highway 401, this home offers outstanding convenience for commuters while still being tucked into a quiet, established neighbourhood. Whether you're looking for room to grow, space to accommodate extended family, or simply a home with an unforgettable backyard, 6 Heath Place delivers exceptional value in one complete package.

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

Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$2,789/mo
Mortgage $2,137
Monthly Loss $2,227
Principal$562
Interest$1,575
Property Tax$277
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
10.9%41
10-Year IRR
11.3%
Returns Index
21.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$29,472/yr
NOI
$18,706/yr
Net Cash Flow
-$579/mo
Cash Margin
-23.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
29.3/ 100

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

Comparables

Properties near 6 HEATH Place

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.