43 Stevenson Avenue, London East

$449,900
43 Stevenson Avenue

$449,900

Price Change
29d
Detached1 1/2 Storey

43 Stevenson Avenue, London East

Total Monthly Obligation $2,455

Beds
4
Baths
2
Park
3
Sqft
1100-1500
DOM
29d
Score
26
Yield
6.8%
Cash on Cash
4.4%
Cap Rate
5.5%
5Y IRR
19.1%
10Y IRR
17.5%
Property Type-Detached
MLS® Number-X13824794
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-43.7 × 125.32 ft
Listed on site-Sep 24, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,185 (2025)
Parking-4 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS LIFESTYLES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East N
Title-Residential Freehold

No agent assigned

Welcome to 43 Stevenson Avenue, a charming 4-bedroom home offering just under 1,700 sq. ft. of finished living space, plenty of character, and an excellent opportunity to make it your own. Ideally located close to schools, parks, shopping, public transit, and with easy access to downtown and Highway 401, this property sits on a generous lot. The main floor features a functional layout with a spacious living and dining area, a bright sunroom overlooking the backyard, a convenient main floor bedroom, and a kitchen ready for your personal updates and design vision. Upstairs, you'll find three additional bedrooms and a beautifully updated 4-piece bathroom (2024). The finished basement expands your living space with a large recreation room featuring a rough-in for a future bar, a full bathroom, and plenty of room for entertaining, hobbies, or family gatherings.Outside, the impressive 40' detached garage/workshop with hydro provides exceptional versatility for hobbyists, tradespeople, or additional storage. Major updates include the roof (2015), main floor windows (2015), upper-level windows (2019), furnace (2019), and a 100-amp breaker electrical panel. With solid fundamentals, a large lot, and endless potential to add your own personal touches, this is a fantastic opportunity to create a home you'll enjoy for years to come.

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

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,455/mo
Mortgage $1,815
Monthly Loss $1,978
Principal$478
Interest$1,337
Property Tax$265
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.1%5
5-Year IRR
14.1%65
10-Year IRR
13.8%
Returns Index
34.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$30,468/yr
NOI
$19,736/yr
Net Cash Flow
-$170/mo
Cash Margin
-6.7%1
Cash Flow Index
1.3/ 100
Risk Profile
Weight: 20%
DSCR
0.9120
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
35.1/ 100

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

Comparables

Properties near 43 Stevenson Avenue

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.