211 Highbury Avenue N, London East

$359,900
211 Highbury Avenue N

$359,900

New
22d
Detached1 1/2 Storey

211 Highbury Avenue N, London East

Total Monthly Obligation $2,024

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
22d
Score
33
Yield
7.8%
Cash on Cash
8.8%
Cap Rate
6.5%
5Y IRR
22.7%
10Y IRR
20.5%
Property Type-Detached
MLS® Number-X13846846
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-35 × 105.4 ft
Listed on site-Oct 1, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$2,364 (2026)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-THE REALTY FIRM INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Other
Sewer-Sewer
Possession-Flexible
Neighbourhood-East M
Title-Residential Freehold

No agent assigned

Looking for an affordable, low-maintenance home in a location that puts everything you need within reach? This one checks the boxes.Main floor living is a huge win here, with a bedroom, an updated 4-piece bathroom, and fresh flooring throughout that gives the whole space a clean, move-in ready feel. The kitchen is bright and cheerful with newer appliances, the kind of space that makes morning coffee feel a little better. Tucked at the back of the home you'll find a bonus room with real flexibility built in, use it as a bedroom, a family room, or a playroom for the kids, whatever fits your life right now. Head upstairs and there's a huge bedroom that offers a nice bit of separation and privacy, perfect for a primary retreat or a quiet guest space. Downstairs, the finished basement adds even more livable square footage, with storage space to spare and a two piece bath with the potential to add a shower to the washroom down the road.This is the kind of home that works whether you're just starting out or ready to simplify. And the location does a lot of the heavy lifting too. You're just minutes from Northland Mall and No Frills for everyday groceries, with FreshCo and Real Canadian Superstore also close by on Trafalgar and Oxford for when you want more options. A Park is nearby for baseball diamonds, tennis and pickleball courts, and a splash pad for the little ones, plus Kiwanis Park isn't far either if you're after longer walking trails and a bit more green space. Highbury Ave itself keeps you connected, with quick access to Highway 401 for anyone commuting, plus everyday spots like Swiss Chalet and Harvey's just up the road.Homes like this one, affordable, flexible, and well located, don't tend to sit around long. If you've been priced out of the market or you're looking to right-size without giving up comfort, this could be exactly what you've been waiting for.

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

Closing Costs

Mortgage Amount
$287,920
Land Transfer Taxes$3,874
Legal Fees (Est.)
$
Total cash required for closing$77,354

Total Monthly Obligation

$2,024/mo
Mortgage $1,452
Monthly Loss $1,642
Principal$382
Interest$1,070
Property Tax$197
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.1%39
Cash-on-Cash
1.2%10
5-Year IRR
16.7%81
10-Year IRR
16.1%
Returns Index
44.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
33/ 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
$28,020/yr
NOI
$18,354/yr
Net Cash Flow
$78/mo
Cash Margin
3.3%9
Cash Flow Index
8.8/ 100
Risk Profile
Weight: 20%
DSCR
1.0531
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo79
Risk Index
42.9/ 100

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

Comparables

Properties near 211 Highbury Avenue N

Time

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