164 Devonshire Avenue, London South

$659,000
164 Devonshire Avenue

$659,000

New
16d
Detached1 1/2 Storey

164 Devonshire Avenue, London South

Total Monthly Obligation $3,462

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
16d
Score
18
Yield
4.7%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-X13872582
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-44 × 114 ft
Listed on site-Oct 7, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$5,147 (2025)
Parking-3 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-THRIVE REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South G
Title-Residential Freehold

No agent assigned

For the buyer who dreams of walking to their favourite coffee shop, enjoying summer evenings on the front porch, and living among the tree-lined streets of Wortley Village, welcome to 164 Devonshire Avenue. This charming 1.5-storey Old South home is filled with character and offers hardwood floors, a bright eat-in kitchen with breakfast bar, three bedrooms, and a finished lower level with an additional two-piece bath. Updates include a powered outdoor studio with electrical (2020), kitchen appliances (2021), eavestroughs and gutters (2021), and furnace (2023).The outdoor studio offers flexible space for a home office, creative studio, hobby room, or workspace. Outside, enjoy the welcoming front porch, private backyard, mature gardens, established trees, and flagstone patio.Just steps from the shops, cafés, restaurants, and parks that make Wortley Village so special. Located within the Mountsfield Public School district, this is a wonderful opportunity to enjoy the charm and lifestyle of one of London's most loved neighbourhoods.

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

Closing Costs

Mortgage Amount
$527,200
Land Transfer Taxes$9,655
Legal Fees (Est.)
$
Total cash required for closing$142,955

Total Monthly Obligation

$3,462/mo
Mortgage $2,658
Monthly Loss $2,763
Principal$700
Interest$1,959
Property Tax$429
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.0%23
10-Year IRR
9.0%
Returns Index
12.7/ 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
$30,744/yr
NOI
$18,023/yr
Net Cash Flow
-$1,156/mo
Cash Margin
-45.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.3/ 100

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

Comparables

Properties near 164 Devonshire Avenue

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.