70 Homan Street, London East

$474,900
70 Homan Street

$474,900

New
21d
DetachedBungalow

70 Homan Street, London East

Total Monthly Obligation $2,562

HausQ Valuation Report
Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
21d
Score
24
Yield
6.3%
Cash on Cash
2.2%
Cap Rate
5.1%
5Y IRR
17.3%
10Y IRR
16.1%
Property Type-Detached
MLS® Number-X13856478
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-66.22 × 148.5 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Age-100+
Taxes-$3,252 (2026)
Parking-4 - Detached
Basement-Half, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block, Concrete
Sewer-Sewer
Possession-Immediate occupancy
Neighbourhood-East M
Title-Residential Freehold

No agent assigned

Welcome to Homan Street! Nestled in a quiet London neighbourhood, this impressive 4-bedroom, 2-full bathroom home offers the perfect balance of spacious indoor living and exceptional outdoor freedom. Step inside to discover a functional layout featuring four generous bedrooms and two full bathrooms - providing plenty of room for growing families, working from home, or hosting overnight guests. The highlight of this property is the expansive, oversized lot framed by mature trees that offer privacy, shade, and park-like ambience. Outside, you'll also find a convenient detached garage - ideal for secure parking, extra storage, or setting up a workshop. Whether you dream of creating an outdoor entertainment oasis, planting a garden, or giving kids and pets endless room to play, the backyard delivers rare space and potential right in the city. Close to many Schools including: Ealing, H. B. Beal, Central, Princess Elizabeth, Sir Wilfred Laurier, Clarke Road, St. Bernadette, Catholic Central High, St. John FI, Mother Teresa.

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

Closing Costs

Mortgage Amount
$379,920
Land Transfer Taxes$5,973
Legal Fees (Est.)
$
Total cash required for closing$102,453

Total Monthly Obligation

$2,562/mo
Mortgage $1,916
Monthly Loss $2,058
Principal$504
Interest$1,412
Property Tax$271
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.9%3
5-Year IRR
12.6%54
10-Year IRR
12.7%
Returns Index
28.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$29,688/yr
NOI
$18,967/yr
Net Cash Flow
-$335/mo
Cash Margin
-13.5%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8315
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
32.6/ 100

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

Comparables

Properties near 70 Homan Street

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.