143 Mamelon Street, London East

$449,900
143 Mamelon Street

$449,900

Price Change
28d
DetachedBungalow

143 Mamelon Street, London East

Total Monthly Obligation $2,463

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
28d
Score
21
Yield
5.7%
Cash on Cash
-0.5%
Cap Rate
4.5%
5Y IRR
15.2%
10Y IRR
14.3%
Property Type-Detached
MLS® Number-X13830366
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40 × 132.17 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Age-100+
Taxes-$3,281.51 (2026)
Parking-5 - Detached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-COVE REAL ESTATE BROKERAGE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-East L
Title-Residential Freehold

No agent assigned

Charming Bungalow with oversized single detached garage located in East London! This 3 Bedroom, 2 Bathroom home blends modern finishes with historic features such as the immaculately preserved stained-glass window, the gorgeous covered front porch and high ceilings. It's located nearby Chelsea Green Park, Aberdeen P.S., St Bernadette Catholic Elementary School, HB Beal S.S., Catholic Central School.S., Downtown London, BMO Centre, Western Fair, The Factory, restaurants and quick access to the 401. Inside, there is over 1,300 square feet of living space above grade along with a partially finished Basement. The Main Level is comprised of a Living Room, formal Dining Room, Kitchen, 3 Bedrooms, 2 Bathrooms and Mud Room. The nicely appointed Kitchen has been updated and includes maple cabinetry, granite countertops, and stylish backsplash. The Primary Bedroom includes a 3-piece Ensuite with walk-in shower that is handicap accessible. There's also a 4-piece Main Bathroom in this carpet-free home. The Lower Level is partially finished and consists of a Flex Room, large Laundry/Storage Room and Utility Room. The Back Yard is private, fully fenced, has a deck and extensive vegetable gardens. Updates include: roof shingles (2019), furnace (2022), soffits/fascia, mostly newer windows (2023), painting (2025), Basement stairs, range hood fan, (2026), electrical, light fixtures and appliances. Includes 5 appliances. Hot water heater is owned. See multimedia link for 3D walkthrough tour and floor plans.

$
$
%
%
$
$
$
(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

$2,463/mo
Mortgage $1,815
Monthly Loss $1,986
Principal$478
Interest$1,337
Property Tax$273
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$25,704/yr
NOI
$15,352/yr
Net Cash Flow
-$535/mo
Cash Margin
-25.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.8/ 100

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

Comparables

Properties near 143 Mamelon Street

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