122 Garland Lane, London East

$449,000
122 Garland Lane

$449,000

New
23d
Semi-Detached 2-Storey

122 Garland Lane, London East

Total Monthly Obligation $2,407

Beds
3
Baths
3
Park
3
Sqft
1100-1500
DOM
23d
Score
27
Yield
6.7%
Cash on Cash
4.8%
Cap Rate
5.6%
5Y IRR
19.4%
10Y IRR
17.8%
Property Type-Semi-Detached
MLS® Number-X13845086
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-28 × 148.27 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-31-50
Taxes-$2,649 (2025)
Parking-3 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-PINHEIRO REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-East I
Title-Residential Freehold

No agent assigned

Welcome to 122 Garland Lane! This well-maintained 3-bedroom, 2.5-bath semi-detached home offers great curb appeal with a welcoming front porch and parking for up to four vehicles. The spacious main floor features newer flooring, fresh paint, and a bright, functional layout, while the large primary bedroom provides plenty of room to relax. The finished basement adds valuable living space and includes a new 3-piece bathroom. Outside, enjoy two sheds and a gazebo, offering excellent storage and a great space for outdoor entertaining. The kitchen is complemented by a new stainless steel fridge and stove, making this home move-in ready and ideal for families, first-time buyers, or anyone looking for a comfortable home with plenty of space and updates.

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

Closing Costs

Mortgage Amount
$359,200
Land Transfer Taxes$5,455
Legal Fees (Est.)
$
Total cash required for closing$96,755

Total Monthly Obligation

$2,407/mo
Mortgage $1,811
Monthly Loss $1,930
Principal$477
Interest$1,335
Property Tax$221
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.7%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
27/ 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
$30,288/yr
NOI
$20,110/yr
Net Cash Flow
-$135/mo
Cash Margin
-5.4%2
Cash Flow Index
1.7/ 100
Risk Profile
Weight: 20%
DSCR
0.9321
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
35.9/ 100

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

Comparables

Properties near 122 Garland Lane

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.