45 Locust Crescent, London South

$575,000
45 Locust Crescent

$575,000

Price Change
28d
DetachedBungalow-Raised

45 Locust Crescent, London South

Total Monthly Obligation $3,005

HausQ Valuation Report
Beds
5
Baths
2
Park
6
Sqft
1100-1500
DOM
28d
Score
23
Yield
5.9%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.6%
10Y IRR
15.4%
Property Type-Detached
MLS® Number-X13828376
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-63.67 × 106.72 ft
Listed on site-Sep 25, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-31-50
Taxes-$3,722 (2025)
Parking-7 - Attached
Basement-Separate Entrance, Full, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Rec Room, Wood
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-89 days
Neighbourhood-South X
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained and well updated raised bungalow, nestled in the sought-after Whiteoak neighborhood. As you step inside, you will be greeted by a spacious foyer with elegant tiled hardwood flooring that flows throughout main floor. The kitchen is a chef's dream, featuring granite countertop, modern cabinetry, a stylish backsplash, ceramic tiles, and energy-efficient appliances. The main level of the home includes three spacious, naturally-lit bedrooms, as well as a full bathroom. The finished basement has a separate entrance, with an oversized family room, an additional full bathroom, two bedrooms, laundary and another extra room for storage.This house has a long concrete driveway for six car parking and a single attached garage. This home offers easy access to the 401 Highway and is just minutes away from whiteoak mall, desi stores, and middle eastern stores.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$460,000
Land Transfer Taxes$7,975
Legal Fees (Est.)
$
Total cash required for closing$124,475

Total Monthly Obligation

$3,005/mo
Mortgage $2,319
Monthly Loss $2,394
Principal$610
Interest$1,709
Property Tax$310
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.3%3
5-Year IRR
12.3%52
10-Year IRR
12.4%
Returns Index
27.0/ 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
$34,128/yr
NOI
$22,493/yr
Net Cash Flow
-$445/mo
Cash Margin
-15.6%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
28.8/ 100

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

Comparables

Properties near 45 Locust Crescent

Time

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Data last updated within the past 24 hours.