485 English Street, London East

$499,900
485 English Street

$499,900

New
29d
Triplex2-Storey

485 English Street, London East

Total Monthly Obligation $2,676

Beds
4
Baths
3
Park
3
Sqft
1500-2000
DOM
29d
Score
20
Yield
5.3%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Triplex
MLS® Number-X13822998
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-40 × 138 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Triplex
Age-100+
Taxes-$3,420 (2025)
Parking-3 - None
Basement-Partial Basement
Heating-Water (Gas)
Brokerage-LONDON LIVING REAL ESTATE LTD.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Metal/Steel Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-East G
Title-Residential Freehold

No agent assigned

Old East Village, well maintained triplex with long term tenants. Separate meters, ample parking with access to more parking in the rear. Updated electrical and plumbing, front concrete driveway replaced 2025. Opportunity for live-in with income.

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

Closing Costs

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

Total Monthly Obligation

$2,676/mo
Mortgage $2,016
Monthly Loss $2,146
Principal$531
Interest$1,486
Property Tax$285
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.2/ 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
$26,340/yr
NOI
$15,786/yr
Net Cash Flow
-$701/mo
Cash Margin
-31.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
29.4/ 100

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

Comparables

Properties near 485 English Street

Time

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Data last updated within the past 24 hours.