54 Hume Street, London East

$569,900
54 Hume Street

$569,900

New
16d
Detached1 1/2 Storey

54 Hume Street, London East

Total Monthly Obligation $2,913

Beds
2
Baths
3
Park
4
Sqft
1100-1500
DOM
16d
Score
20
Yield
5.1%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X13870510
Beds-2
Bathrooms-3
Size-1100-1500 sqft
Lot Size-31 × 165 ft
Listed on site-Oct 7, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$2,867 (2025)
Parking-4 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric, Living Room
Pool-Above Ground
Facing-East
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible, anytime.
Neighbourhood-East M
Title-Residential Freehold

No agent assigned

CHARMING. RENOVATED. FULL OF LIGHT. AND A LOT TO LOVE! Welcome to 54 Hume St., a delightful and thoughtfully renovated home nestled in the heart of London's beloved Old East Village. Brimming with charm and warmth, this move-in-ready home is the perfect place to begin your homeownership journey. Step inside and prepare to fall in love with the abundance of natural light pouring through the oversized windows. The bright and inviting main floor offers a comfortable living room, beautifully updated kitchen, and full bathroom, creating an easy, functional space for everyday living and entertaining. Upstairs, you'll find two generously sized bedrooms, including a spacious primary retreat with its own ensuite bathroom. The second bedroom is equally impressive and features a convenient powder room - a rare and wonderful bonus! Need more space? The fully finished basement adds another bedroom along with flexible space for a home office, family room, gym, or whatever life calls for. There's room here to grow, work, relax and make it your own. And then there's the LOT! Measuring an impressive 31 x 166 feet, this oversized property is your own private outdoor playground. Imagine summer days lounging on the deck, evenings soaking in the hot tub, gathering around the fire pit, or cooling off in the pool. With a patio, shed, plenty of green space and room to garden, entertain and play, this backyard is truly something special. Cute, charming, renovated and exceptionally well-located on 54 Hume St. offering that rare combination of character, comfort and outdoor space. Just move in, unpack, and start enjoying the good life - this one is ready to welcome you home!

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

Closing Costs

Mortgage Amount
$455,920
Land Transfer Taxes$7,873
Legal Fees (Est.)
$
Total cash required for closing$123,353

Total Monthly Obligation

$2,913/mo
Mortgage $2,299
Monthly Loss $2,308
Principal$605
Interest$1,694
Property Tax$239
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$29,352/yr
NOI
$19,050/yr
Net Cash Flow
-$711/mo
Cash Margin
-29.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
27.9/ 100

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

Comparables

Properties near 54 Hume Street

Time

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Data last updated within the past 24 hours.