33 Glenwood Avenue E, London East

$399,900
33 Glenwood Avenue E

$399,900

New
8d
DetachedBungalow

33 Glenwood Avenue E, London East

Total Monthly Obligation $2,178

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
8d
Score
31
Yield
7.4%
Cash on Cash
7.7%
Cap Rate
6.2%
5Y IRR
21.8%
10Y IRR
19.7%
Property Type-Detached
MLS® Number-X14080318
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-30 × 145 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,280 (2025)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-THRIVE REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate/Flexible
Neighbourhood-East M
Title-Residential Freehold

No agent assigned

Welcome to 33 Glenwood Avenue, a fully renovated 3-bedroom, 2-bathroom home in a quiet neighbourhood. Renovated throughout in 2026, this inviting home features an open-concept kitchen, dining and living area with quartz countertops, newer appliances and plenty of windows for natural light. A spacious entry foyer provides room for coats and shoes, while generous bedrooms with closets and storage throughout add everyday practicality. Upstairs, you'll find a beautifully updated 5-piece bathroom. The fully finished basement includes a 2-piece bathroom and additional space for a cozy sitting area or storage, with ceiling heights just under 6 feet. Outside, enjoy a private deck, fully fenced backyard and large shed. Ample private parking is located at the rear of the property, reached by a shared laneway with two access points off Glenwood Avenue. Updates include a new concrete walkway to the entrance, new doors, electrical updates, light fixtures, flooring, kitchen, bathrooms, appliances, baseboards and fresh paint.

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

Closing Costs

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

Total Monthly Obligation

$2,178/mo
Mortgage $1,613
Monthly Loss $1,754
Principal$424
Interest$1,189
Property Tax$190
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.0%37
Cash-on-Cash
0.6%9
5-Year IRR
16.2%78
10-Year IRR
15.6%
Returns Index
42.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
31/ 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
$29,604/yr
NOI
$19,864/yr
Net Cash Flow
$42/mo
Cash Margin
1.7%7
Cash Flow Index
6.6/ 100
Risk Profile
Weight: 20%
DSCR
1.0329
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo75
Risk Index
40.6/ 100

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

Comparables

Properties near 33 Glenwood Avenue E

Time

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Data last updated within the past 24 hours.