1062 Apache Road, London East

$479,999
1062 Apache Road

$479,999

New
29d
DetachedBungalow

1062 Apache Road, London East

Total Monthly Obligation $2,570

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
29d
Score
25
Yield
6.4%
Cash on Cash
3.2%
Cap Rate
5.3%
5Y IRR
18.1%
10Y IRR
16.7%
Property Type-Detached
MLS® Number-X13828222
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 110 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,101 (2025)
Parking-3 - Carport
Basement-Partially Finished
Heating-Forced Air (Wood)
Brokerage-NU-VISTA PINNACLE REALTY BROKERAGE INC
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Metal
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East D
Title-Residential Freehold

No agent assigned

Priced to sell! Welcome to this charming, detached home in the desirable Huron Heights neighbourhood. Nestled on a quiet, mature, tree-lined street, this cozy property offers 3 bedrooms and a large office, making it ideal for families, first-time buyers, or investors. Conveniently located just steps away from Chippewa P.S. Close to Montcalm S.S. and Fanshawe College, with parks, public transit, and lots of shopping for shopping all close by. The spacious backyard provides plenty of room to relax, entertain, or garden. The backyard includes 2 storage sheds for added convenience. A standout feature of this home is the premium metal roof, offering exceptional durability and an expected lifespan of 50 years or more, providing long-term peace of mind. This is a fantastic opportunity to add your personal touch and make this wonderful home your own. Call now! Don't miss out. Book your private showing today!

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

Closing Costs

Mortgage Amount
$383,999
Land Transfer Taxes$6,075
Legal Fees (Est.)
$
Total cash required for closing$103,575

Total Monthly Obligation

$2,570/mo
Mortgage $1,936
Monthly Loss $2,060
Principal$510
Interest$1,427
Property Tax$258
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.0%4
5-Year IRR
13.3%60
10-Year IRR
13.2%
Returns Index
31.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$30,804/yr
NOI
$20,123/yr
Net Cash Flow
-$259/mo
Cash Margin
-10.1%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
33.2/ 100

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

Comparables

Properties near 1062 Apache Road

Time

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