1671 Benjamin Drive, London East

$749,900
1671 Benjamin Drive

$749,900

New
21d
DetachedBacksplit 4

1671 Benjamin Drive, London East

Total Monthly Obligation $3,756

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
21d
Score
21
Yield
5.4%
Cash on Cash
-0.7%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.2%
Property Type-Detached
MLS® Number-X13853252
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-37.78 × 149.7 ft
Listed on site-Oct 2, 2026
Style-Backsplit 4
Building Type-Detached
Age-16-30
Taxes-$4,275 (2025)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-KING REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick Front
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-East D
Title-Residential Freehold

No agent assigned

Welcome to this beautiful 4-level backsplit detached home, ideally situated on a larger lot with an oversized driveway in the highly desirable Kilally Road & Highbury Avenue neighbourhood. This spacious open-concept home offers a functional layout with plenty of room for comfortable family living and future customization. The main level features a bright open-concept living, dining, and kitchen area, creating an inviting space for everyday living and entertaining. The upper level offers 3 spacious bedrooms and a bathroom, while the lower level provides an additional family/living room with a full bathroom , offering versatile space for relaxation, entertainment, or family gatherings.The unfinished basement, complete with a large lookout window, presents an excellent opportunity to create a 4th bedroom, recreation room, home office, or additional living space to suit your needs. Conveniently located close to schools, shopping, grocery stores, Fanshawe College, Western University, major highways, and a wide range of amenities, this home combines space, convenience, and excellent future potential.Don't miss this fantastic opportunity! Call today to book your private viewing.

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

Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$3,756/mo
Mortgage $3,025
Monthly Loss $2,960
Principal$796
Interest$2,229
Property Tax$356
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.3%44
10-Year IRR
11.6%
Returns Index
23.3/ 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
$40,188/yr
NOI
$27,394/yr
Net Cash Flow
-$742/mo
Cash Margin
-22.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
23.8/ 100

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

Comparables

Properties near 1671 Benjamin Drive

Time

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Data last updated within the past 24 hours.