56 Ashbury Avenue, London South

$500,000
56 Ashbury Avenue

$500,000

New
29d
DetachedBungalow

56 Ashbury Avenue, London South

Total Monthly Obligation $2,646

Beds
5
Baths
2
Park
4
Sqft
700-1100
DOM
29d
Score
23
Yield
6.1%
Cash on Cash
2.0%
Cap Rate
5.0%
5Y IRR
17.1%
10Y IRR
15.9%
Property Type-Detached
MLS® Number-X13822172
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 100.26 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,051 (2025)
Parking-4 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick, Wood
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South Y
Title-Residential Freehold

No agent assigned

Welcome to 56 Ashbury Avenue, a beautifully maintained detached bungalow in a desirable South London community. Situated on a spacious corner lot, this versatile 3+2 bedroom, 2 full bathroom home offers exceptional flexibility for families, multi-generational living, or investors. The thoughtfully designed layout features bright and comfortable living spaces, two fully equipped kitchens, and a finished lower level with additional bedrooms and living space, providing plenty of room to accommodate a growing family, guests, or a potential in-law setup. Enjoy the convenience of a location that puts everyday amenities close at hand. White Oaks Mall, one of London's largest shopping destinations, is nearby, along with Walmart, Costco, restaurants, services, and recreational facilities. White Oaks Park offers paved walking paths, sports fields, tennis courts, and playgrounds, while excellent schools and public transit are also within easy reach.Commuters will appreciate quick access to Wellington Road and Highway 401, making travel throughoutLondon and beyond convenient. With its generous 3+2 bedroom configuration, two kitchens, two full bathrooms, corner-lot setting, and highly convenient South London location, 56 Ashbury Avenue is a wonderful opportunity to enjoy a comfortable home with outstanding versatility and long-term potential.

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Closing Costs

Mortgage Amount
$400,000
Land Transfer Taxes$6,475
Legal Fees (Est.)
$
Total cash required for closing$107,975

Total Monthly Obligation

$2,646/mo
Mortgage $2,017
Monthly Loss $2,115
Principal$531
Interest$1,486
Property Tax$254
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.0%3
5-Year IRR
12.5%54
10-Year IRR
12.6%
Returns Index
28.0/ 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
$30,492/yr
NOI
$19,892/yr
Net Cash Flow
-$359/mo
Cash Margin
-14.1%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
31.8/ 100

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

Comparables

Properties near 56 Ashbury Avenue

Time

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Data last updated within the past 24 hours.