77 Elm Street, London East

$499,900
77 Elm Street

$499,900

New
30d
DetachedBungalow

77 Elm Street, London East

Total Monthly Obligation $2,649

Beds
3
Baths
1
Park
3
Sqft
1100-1500
DOM
30d
Score
21
Yield
5.6%
Cash on Cash
-0.4%
Cap Rate
4.5%
5Y IRR
15.3%
10Y IRR
14.4%
Property Type-Detached
MLS® Number-X13818736
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-36 × 140 ft
Listed on site-Sep 23, 2026
Style-Bungalow
Building Type-Detached
Age-100+
Taxes-$3,085 (2025)
Parking-3 - Detached
Basement-Finished, Full
Heating-Water (Other)
Brokerage-PC275 REALTY INC.
Cooling-Other
Laundry-No
Fireplace-Electric
Pool-Inground
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-6-89 days
Neighbourhood-East M
Title-Residential Freehold

No agent assigned

Welcome to this thoughtfully renovated bungalow that perfectly blends modern style, character, and income potential! Ideally located in a family-friendly neighbourhood just minutes from parks, the recreation centre, and arena, this move-in-ready home offers exceptional value. The bright and inviting main floor features two bedrooms, an open-concept living and dining area with soaring ceilings and stunning exposed beams, creating a warm and spacious atmosphere. The beautifully designed kitchen offers an abundance of cabinetry and counter space, while the large bathroom is filled with natural light from the skylight above. The partially finished basement includes a third bedroom and offers additional space ready for your personal finishing touches -- ideal for a family room, home office, gym, or extra storage. Your own backyard oasis awaits! Spend summer days relaxing by the in ground pool, complete with a new pool cover, sand filter, and equipment (2026). The large deck with a natural gas BBQ hookup provides the perfect space for entertaining family and friends, while the expansive covered front porch is an inviting place to enjoy your morning coffee or unwind in the evening. One of this property's most impressive features is the detached garage, which has been converted into a self-contained bachelor apartment. The front section of the garage remains a dedicated pool equipment room, offering convenient storage and functionality. Additional updates include new windows and doors (2025), as well as a new air conditioner and boiler unit, providing peace of mind for years to come. Whether you're looking for a beautifully updated family home, a property with mortgage-helping rental income, or an investment opportunity, this unique bungalow truly has it all. Don't miss your chance to own this exceptional home!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,649/mo
Mortgage $2,016
Monthly Loss $2,118
Principal$531
Interest$1,486
Property Tax$257
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.8%41
10-Year IRR
11.2%
Returns Index
21.6/ 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
$27,936/yr
NOI
$17,557/yr
Net Cash Flow
-$553/mo
Cash Margin
-23.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
30.4/ 100

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

Comparables

Properties near 77 Elm Street

Time

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Data last updated within the past 24 hours.