351 Briarhill Avenue, London East

$549,900
351 Briarhill Avenue

$549,900

New
15d
DetachedBungalow

351 Briarhill Avenue, London East

Total Monthly Obligation $3,012

Beds
4
Baths
2
Park
2
Sqft
700-1100
DOM
15d
Score
20
Yield
5.6%
Cash on Cash
-1.5%
Cap Rate
4.3%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X13877340
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 138 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,025.89 (2026)
Parking-2 - None
Basement-Finished with Walk-Out, Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Aluminum Siding, Brick
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-East A
Title-Residential Freehold

No agent assigned

Welcome to 351 Briarhill Avenue - This fully renovated 4 bedroom, 2 bathroom solid brick bungalow offers a fantastic opportunity to offset your mortgage with a walk out basement. The lower level features a separate entrance, second kitchen, laundry hookups, and convenient walkout access, providing excellent versatility for rental or extended family use. Meticulously updated throughout, this home features updated electrical and plumbing (2021), newer windows and doors (2020), new insulation throughout (2020), and newer kitchen appliances (2020). The professionally stained brick exterior adds to the home's impressive curb appeal, while the extensive updates make this property truly move in ready. Situated on a generous, private lot that feels like your own park, the property is surrounded by majestic mature trees, creating a peaceful and picturesque setting. A rare combination of modern updates, flexible living space, and natural beauty, this home is an excellent opportunity for homeowners and investors alike.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$3,012/mo
Mortgage $2,218
Monthly Loss $2,428
Principal$584
Interest$1,634
Property Tax$419
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.2/ 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
$30,840/yr
NOI
$18,230/yr
Net Cash Flow
-$699/mo
Cash Margin
-27.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
27.1/ 100

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

Comparables

Properties near 351 Briarhill 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.