1279 Sorrel Road, London East

$459,900
1279 Sorrel Road

$459,900

New
7d
Semi-Detached 2-Storey

1279 Sorrel Road, London East

Total Monthly Obligation $2,493

HausQ Valuation Report
Beds
3
Baths
3
Park
3
Sqft
1100-1500
DOM
7d
Score
24
Yield
6.3%
Cash on Cash
2.4%
Cap Rate
5.1%
5Y IRR
17.5%
10Y IRR
16.2%
Property Type-Semi-Detached
MLS® Number-X14086274
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-29.71 × 125 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$3,152 (2025)
Parking-3 - None
Basement-Full, Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-THRIVE REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East D
Title-Residential Freehold

No agent assigned

Set among mature trees on a beautiful street in a welcoming neighbourhood, this move-in-ready semi-detached home is just steps from Fanshawe College, with a park and elementary school around the corner and major shopping nearby. The driveway accommodates three vehicles parked in tandem. Fully renovated in 2019, the main floor features bright, open-concept living, matching flooring and a kitchen overlooking the leafy backyard. Upstairs, three bedrooms and a bathroom renovated in 2024 with a custom tiled shower are complemented by convenient laundry just outside the bedrooms. The finished basement adds exceptional value with its own separate entrance, kitchenette, full bathroom and dedicated laundry - offering added privacy and flexibility for extended family or guests. The furnace and owned water heater were both updated in 2022. A private, fully fenced backyard with mature trees, a deck and a large storage shed completes the home. Just the right size, with room to spread out and easy upkeep, this home offers a versatile layout and an excellent location - ideal for investors and families at every stage of life.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$367,920
Land Transfer Taxes$5,673
Legal Fees (Est.)
$
Total cash required for closing$99,153

Total Monthly Obligation

$2,493/mo
Mortgage $1,855
Monthly Loss $2,005
Principal$488
Interest$1,367
Property Tax$263
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.9%3
5-Year IRR
12.7%55
10-Year IRR
12.7%
Returns Index
28.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$29,004/yr
NOI
$18,452/yr
Net Cash Flow
-$317/mo
Cash Margin
-13.1%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
33.3/ 100

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

Comparables

Properties near 1279 Sorrel Road

Time

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