586 Grand View Avenue, London South

$875,000
586 Grand View Avenue

$875,000

New
28d
Detached2-Storey

586 Grand View Avenue, London South

Total Monthly Obligation $4,373

Beds
5
Baths
4
Park
2
Sqft
2000-2500
DOM
28d
Score
18
Yield
4.5%
Cash on Cash
-4.8%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Detached
MLS® Number-X13829952
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-52 × 105 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,616 (2025)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS LIFESTYLES
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South K
Title-Residential Freehold

No agent assigned

Welcome to 586 Grand View Avenue - a beautifully renewed family home tucked into a quiet, tree-lined pocket of Byron, one of London's most sought-after west-end neighbourhoods.This 4+1 bedroom, 4 bathroom home offers over 2,000 sq ft of thoughtfully updated living space on a private 52 x 105 ft lot, just minutes from Springbank Park and Byron Southwood Public School.Step inside through the entry to a foyer framed by a striking exposed-brick accent wall, then flow into a bright, open-concept main floor. The living room's bay window and plantation shutters fill the space with natural light, while the adjoining dining area offers easy space for entertaining. At the heart of the home is a fully renovated 2025 kitchen - crisp cabinetry, warm wood tones, a custom hood fan, gold hardware, and a breakfast bar that seats the whole crew. It opens onto a warm family room anchored by a cozy fireplace with a sleek stone surround and wood slat accents, the perfect spot to unwind. Brand new LVP flooring runs throughout the main level, paired with a refreshed main-floor bathroom and all-new lighting.Upstairs, generous bedrooms with hardwood floors and ample closet space offer comfortable, private retreats. Downstairs, the finished walk-out lower level adds a spacious rec room and a full bathroom, with sliding doors leading out to a covered patio and mature, private backyard.Recent updates take the guesswork out of ownership: new furnace & A/C (2022), washer/dryer and gas stove & fridge (2023), rear main-floor windows (2024), and a full refresh of the kitchen, main bath, flooring and lighting (2025).Add a double attached garage and a coveted Byron address near parks, top schools and the shops of Byron Village, and you have a home that's ready to move into and simply enjoy.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$700,000
Land Transfer Taxes$13,975
Legal Fees (Est.)
$
Total cash required for closing$190,475

Total Monthly Obligation

$4,373/mo
Mortgage $3,530
Monthly Loss $3,444
Principal$929
Interest$2,601
Property Tax$468
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.5%26
10-Year IRR
9.4%
Returns Index
14.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$39,432/yr
NOI
$25,373/yr
Net Cash Flow
-$1,415/mo
Cash Margin
-43.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.9/ 100

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

Comparables

Properties near 586 Grand View Avenue

Time

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