180 Forest Hill Avenue, London South

$565,000
180 Forest Hill Avenue

$565,000

New
25d
DetachedBungalow

180 Forest Hill Avenue, London South

Total Monthly Obligation $2,963

Beds
3
Baths
1
Park
3
Sqft
1100-1500
DOM
25d
Score
20
Yield
5.2%
Cash on Cash
-2.0%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Detached
MLS® Number-X13841372
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-44 × 339 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,705 (2025)
Parking-4 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-property is tenanted
Neighbourhood-South D
Title-Residential Freehold

No agent assigned

Larger than it appears and full of potential, this 3-bedroom home offers an updated kitchen, updated 4-piece bathroom and a furnace replaced in 2025. The unfinished basement provides plenty of additional storage and includes a rough-in for a future bathroom, while a detached garage adds even more functionality.But the real showstopper is the lot. Measuring an impressive 44' x 339', this remarkable property backs directly onto the Thames River. Launch a kayak, cast a fishing line, relax by the water or simply enjoy the peaceful river setting from your own backyard.Located just minutes from downtown and steps from Greenway Park, the property offers a rare combination of convenience, outdoor lifestyle and future potential.The architect-owner has taken that potential considerably further, with a complete architectural design and an open building permit for a substantial transformation and expansion of the existing home. Architectural drawings and supporting permit documentation are available, giving prospective purchasers the opportunity to see what has already been designed and approved for this unique site. Whether you're looking for a comfortable home today or a remarkable property with exciting possibilities for tomorrow, 180 Forest Hill Avenue is one you won't want to overlook.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$452,000
Land Transfer Taxes$7,775
Legal Fees (Est.)
$
Total cash required for closing$122,275

Total Monthly Obligation

$2,963/mo
Mortgage $2,279
Monthly Loss $2,363
Principal$600
Interest$1,679
Property Tax$309
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.9%34
10-Year IRR
10.5%
Returns Index
18.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$29,580/yr
NOI
$18,417/yr
Net Cash Flow
-$744/mo
Cash Margin
-30.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
27.4/ 100

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

Comparables

Properties near 180 Forest Hill Avenue

Time

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