153 Langarth Street W, London South

$695,000
153 Langarth Street W

$695,000

New
22d
DetachedBungalow

153 Langarth Street W, London South

Total Monthly Obligation $3,505

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
22d
Score
18
Yield
4.5%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-X13848618
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-105.55 × 61.56 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,920.54 (2026)
Parking-4 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ADVANTAGE REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Wood
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-immediate
Neighbourhood-South E
Title-Residential Freehold

No agent assigned

This rare property comes with two separate generous driveways, one for the oversized attached garage with inside entry to the home and rear yard. The second driveway serves a separate detached garage perfectly suited for a workshop, home business, storage or your ultimate hobby cave. The home is all brick with a generous private deck. Step through the front door and immediately experience the bright and spacious open-concept living area where the great room with natural fireplace flows seamlessly into the dining space and updated white kitchen. This home is move-in ready and is perfectly located at the end of a quiet street.

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

Closing Costs

Mortgage Amount
$556,000
Land Transfer Taxes$10,375
Legal Fees (Est.)
$
Total cash required for closing$150,875

Total Monthly Obligation

$3,505/mo
Mortgage $2,803
Monthly Loss $2,767
Principal$738
Interest$2,066
Property Tax$327
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.4%25
10-Year IRR
9.3%
Returns Index
13.9/ 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
$31,500/yr
NOI
$19,929/yr
Net Cash Flow
-$1,143/mo
Cash Margin
-43.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
23.3/ 100

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

Comparables

Properties near 153 Langarth Street W

Time

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Data last updated within the past 24 hours.