11 Rathmine Street, London East

$259,995
11 Rathmine Street

$259,995

New
14d
DetachedBungalow

11 Rathmine Street, London East

Total Monthly Obligation $1,554

HausQ Valuation Report
Beds
4
Baths
1
Park
1
Sqft
700-1100
DOM
14d
Score
48
Yield
9.2%
Cash on Cash
14.9%
Cap Rate
7.8%
5Y IRR
27.7%
10Y IRR
24.9%
Property Type-Detached
MLS® Number-X13885474
Beds-4
Bathrooms-1
Size-700-1100 sqft
Lot Size-28.06 × 90.09 ft
Listed on site-Oct 9, 2026
Style-Bungalow
Building Type-Detached
Age-100+
Taxes-$1,559 (2025)
Parking-1 - None
Basement-Partially Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-None, Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate / Flexible
Neighbourhood-East L
Title-Residential Freehold

No agent assigned

Impressivelly priced, this charming single-family bungalow sits on a private dead end street. Rathmine Street offers a well curated pocket with owners that genuinely have pride of ownership in their homes and act as a community of solid 'neighbourly' neighbours. This four bedrooms property is priced well to make for an ideal starter home, investment or flip opportunity with ample value potential, or as a quaint option for retirees and down-sizers. This property is being presented as a blank slate for new home owners to curate and finish the space to their preferences; making this an ideal handyman special, with the price of entry offering solid margins for those looking to improve the property. The property features a single car private parking (with addtional overflow parking on Little Simcoe St), a private gated and fenced in yard with a sizeable solid shed including an additional covered outdoor storage space. Electrical servicing upgrade to property is 200 AMPs done in 2025; wiring throughout property is copper wiring and electrical panel is 125 AMP breaker panel. Showings are encouraged anytime for this vacant property and offers are also welcome anytime!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$207,996
Land Transfer Taxes$2,375
Legal Fees (Est.)
$
Total cash required for closing$55,874

Total Monthly Obligation

$1,554/mo
Mortgage $1,049
Monthly Loss $1,278
Principal$276
Interest$773
Property Tax$130
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.0%50
Cash-on-Cash
5.3%24
5-Year IRR
20.1%92
10-Year IRR
18.9%
Returns Index
56.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
48/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$24,012/yr
NOI
$15,552/yr
Net Cash Flow
$247/mo
Cash Margin
12.4%37
Cash Flow Index
37.1/ 100
Risk Profile
Weight: 20%
DSCR
1.2449
LTV Ratio
80.0%18
Vacancy Buffer
6.0 mo92
Risk Index
52.9/ 100

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

Comparables

Properties near 11 Rathmine Street

Time

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Data last updated within the past 24 hours.