682 PRINCESS Avenue, London East

$449,000
682 PRINCESS Avenue

$449,000

New
16d
DetachedBungalow

682 PRINCESS Avenue, London East

Total Monthly Obligation $2,562

HausQ Valuation Report
Beds
2
Baths
1
Park
4
Sqft
700-1100
DOM
16d
Score
22
Yield
6.2%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
15.9%
10Y IRR
14.9%
Property Type-Detached
MLS® Number-X13873136
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-33 × 116 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,505.16 (2026)
Parking-5 - Detached
Basement-Separate Entrance, Unfinished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-East G
Title-Residential Freehold

No agent assigned

Welcome to 682 Princess Avenue, a charming bungalow in the heart of Old East Village. Offering approximately 1,057 sq. ft. of main-floor living space, this bright and inviting 2-bedroom home blends classic character with thoughtful updates. Impressive 10-ft ceilings and an open-concept layout create a wonderful sense of space, complemented by updated vinyl flooring and baseboards throughout (2023). The spacious kitchen features ample cabinetry and counter space, stainless steel appliances, and 2024 updates including a new countertop, sink, faucet and backsplash. The beautifully renovated bathroom (2024), convenient main-floor laundry and generous bedroom closets with custom organizers add to the home's everyday functionality. A separate entrance leads to the full 1,057 sq. ft. unfinished basement with a large open layout, offering excellent storage, workspace and future potential. Outside, enjoy a deep 116-ft lot, a private driveway with parking for up to four vehicles, a welcoming covered front porch, and a detached extra-long garage/workshop with a new garage roof (2024). Conveniently located close to downtown, parks, public transit and neighbourhood amenities, this move-in-ready home is a wonderful opportunity to enjoy the character and lifestyle of Old East Village.

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Closing Costs

Mortgage Amount
$359,200
Land Transfer Taxes$5,455
Legal Fees (Est.)
$
Total cash required for closing$96,755

Total Monthly Obligation

$2,562/mo
Mortgage $1,811
Monthly Loss $2,085
Principal$477
Interest$1,335
Property Tax$375
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.1%43
10-Year IRR
11.6%
Returns Index
22.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$27,864/yr
NOI
$16,072/yr
Net Cash Flow
-$472/mo
Cash Margin
-20.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
31.3/ 100

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

Comparables

Properties near 682 PRINCESS Avenue

Time

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Data last updated within the past 24 hours.