535 Gordon Avenue, London South

$799,900
535 Gordon Avenue

$799,900

New
30d
DetachedOther

535 Gordon Avenue, London South

Total Monthly Obligation $4,023

HausQ Valuation Report
Beds
4
Baths
3
Park
6
Sqft
1500-2000
DOM
30d
Score
18
Yield
4.6%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-X13818064
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-75 × 284 ft
Listed on site-Sep 23, 2026
Style-Other
Building Type-Detached
Age-51-99
Taxes-$5,063 (2025)
Parking-8 - Attached
Basement-Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Rec Room, Living Room, Fireplace Insert, Natural Gas
Pool-None
Facing-West
Exterior-Vinyl Siding, Brick
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-30-59 days
Neighbourhood-South O
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained 4-bedroom side split set on an impressive 284-foot deep lot. This spacious home features hardwood flooring, California shutters, three bathrooms, and two cozy gas fireplaces. The walk-out basement includes a kitchenette, offering excellent potential for multi-generational living, an in-law suite, or additional entertaining space. The attached 1.5-car garage offers convenient drive-through access to the backyard-perfect for trailers, recreational vehicles, or easy access to the detached workshop. The workshop is equipped with electricity, making it ideal for hobbies, projects, or extra storage. Enjoy your private backyard retreat complete with a jacuzzi, a mature McIntosh apple tree, and plenty of space to relax, garden, or entertain. Recent updates provide peace of mind, including a Bosch furnace and air conditioner (2023), a tankless hot water heater (2024), and a newly re-shingled roof (2025).Offering exceptional indoor and outdoor living space, a versatile layout, and quality updates throughout, this move-in-ready home is ready for its next owners.

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

Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,023/mo
Mortgage $3,227
Monthly Loss $3,174
Principal$849
Interest$2,378
Property Tax$422
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%27
10-Year IRR
9.5%
Returns Index
14.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$36,636/yr
NOI
$23,409/yr
Net Cash Flow
-$1,276/mo
Cash Margin
-41.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.1/ 100

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

Comparables

Properties near 535 Gordon Avenue

Time

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