48 Corinth Court, London East

$569,900
48 Corinth Court

$569,900

New
29d
DetachedBacksplit 4

48 Corinth Court, London East

Total Monthly Obligation $3,001

HausQ Valuation Report
Beds
5
Baths
2
Park
2
Sqft
1100-1500
DOM
29d
Score
26
Yield
6.6%
Cash on Cash
4.2%
Cap Rate
5.5%
5Y IRR
18.9%
10Y IRR
17.3%
Property Type-Detached
MLS® Number-X13828746
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-34.67 × 151.39 ft
Listed on site-Sep 24, 2026
Style-Backsplit 4
Building Type-Detached
Age-31-50
Taxes-$3,923 (2025)
Parking-3 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-North
Exterior-Brick Front
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East A
Title-Residential Freehold

No agent assigned

ATTENTION BUYERS: PRICED AGGRESSIVELY FOR AN IMMEDIATE SALE! This immaculate, move-in-ready 4-level backsplit sits on a premium, quiet cul-de-sac in London East and is the one you have been waiting for. Just turn the key and unpack a sprawling, highly versatile multi-level layout featuring rich wood floors, a bright kitchen with premium soft-close cabinetry, and a deep garage with a handy inside entry. The exceptional lower levels offer endless possibilities: relax in the massive family room, or utilize the adjacent bedroom which doubles perfectly as aprivate home office. Even better, the layout features an additional dedicated bedroom plus abonus smaller space that is easily convertible into your dream home gym or private yoga studio! Step outside to a fully fenced backyard that is much bigger than you think, featuring a beautiful gazebo perfect for outdoor enjoyment and entertaining while still leaving a massive open green space for kids or pets to play. You also have the ultimate family perk right across the street- a fantastic community park and splash pad! Perfectly situated Just minutes from top-rated schools and prime shopping, this home offers flexible possession to accommodate a quick closing.

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

Closing Costs

Mortgage Amount
$455,920
Land Transfer Taxes$7,873
Legal Fees (Est.)
$
Total cash required for closing$123,353

Total Monthly Obligation

$3,001/mo
Mortgage $2,299
Monthly Loss $2,396
Principal$605
Interest$1,694
Property Tax$327
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.6%5
5-Year IRR
14.4%67
10-Year IRR
14.1%
Returns Index
35.3/ 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
$37,776/yr
NOI
$25,575/yr
Net Cash Flow
-$168/mo
Cash Margin
-5.3%2
Cash Flow Index
1.7/ 100
Risk Profile
Weight: 20%
DSCR
0.9322
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
31.0/ 100

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

Comparables

Properties near 48 Corinth Court

Time

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