541 Nelson Street, London East

$399,900
541 Nelson Street

$399,900

New
9d
Detached2-Storey

541 Nelson Street, London East

Total Monthly Obligation $2,205

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
9d
Score
42
Yield
8.3%
Cash on Cash
11.3%
Cap Rate
7.0%
5Y IRR
24.7%
10Y IRR
22.3%
Property Type-Detached
MLS® Number-X14034166
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-36.25 × 62.33 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$2,598 (2025)
Parking-2 - None
Basement-Unfinished, Partial Basement
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete, Block
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-East K
Title-Residential Freehold

No agent assigned

Calling all first-time home buyers & investors! This is the one you have been waiting for. This cute and move-in-ready 4-bedroom, 2-full-bath, 2-storey home checks all the boxes, including a low-maintenance yard that gives you your weekends back. So many upgrades have already been done for you. Newer flooring flows throughout the main-floor living and dining rooms, the stairs, the upstairs hallway, and all three upper bedrooms. The second level brings fresh paint and natural light and has a 2nd full bathroom. Newer bedroom and linen closet doors, freshly painted cabinets and a kitchen backsplash round out the updates, all tied together with fresh vibes throughout. The main floor welcomes you with an open concept layout featuring a bright kitchen, a dining room perfect for gathering, and a cozy living room, all with new flooring and updated ceiling tiles. The main floor bedroom and bathroom offer flexibility for guests or a home office. Upstairs, you will find three more bedrooms and that beautifully renovated bathroom. The basement wraps things up with a dedicated laundry and storage area. Outside, enjoy a fully fenced, low-maintenance yard, parking for 2 vehicles, and a charming front porch for morning coffee.

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,205/mo
Mortgage $1,613
Monthly Loss $1,780
Principal$424
Interest$1,189
Property Tax$217
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.7%46
Cash-on-Cash
3.9%18
5-Year IRR
18.9%89
10-Year IRR
17.8%
Returns Index
51.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
42/ 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
$33,132/yr
NOI
$22,721/yr
Net Cash Flow
$280/mo
Cash Margin
10.2%27
Cash Flow Index
27.5/ 100
Risk Profile
Weight: 20%
DSCR
1.1742
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo73
Risk Index
44.7/ 100

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

Comparables

Properties near 541 Nelson Street

Time

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