1678 Dale Street, London East

$509,900
1678 Dale Street

$509,900

New
7d
DetachedBungalow

1678 Dale Street, London East

Total Monthly Obligation $2,766

HausQ Valuation Report
Beds
5
Baths
2
Park
5
Sqft
700-1100
DOM
7d
Score
23
Yield
6.1%
Cash on Cash
1.3%
Cap Rate
4.9%
5Y IRR
16.6%
10Y IRR
15.4%
Property Type-Detached
MLS® Number-X14087966
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-54 × 131.11 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,007 (2025)
Parking-5 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-ASAP Preferred
Neighbourhood-East H
Title-Residential Freehold

No agent assigned

Versatile property that will appeal to investors, buyers looking for a mortgage helper or large family wanting a move-in ready place to settle. This brick bungalow sits on a fenced lot within walking distance to Fanshawe College near schools, shopping and transit. It has been freshly painted and is mostly carpet free. Plenty of bedrooms, two bathrooms, and convenient stackable washer and dryer (2021) in the lower level plus parking for at least five vehicles. Updates (per previous listing) include shingles (2017), eaves and soffits (2020), exterior doors (2017/2018) and most windows have been replaced. Furnace updated in 2021. With the large living room and convenient lower rec room, there is ample room for everyone to gather or have some space. Property is easy to show and quick possession is possible/preferred.

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

Closing Costs

Mortgage Amount
$407,920
Land Transfer Taxes$6,673
Legal Fees (Est.)
$
Total cash required for closing$110,153

Total Monthly Obligation

$2,766/mo
Mortgage $2,057
Monthly Loss $2,224
Principal$541
Interest$1,516
Property Tax$334
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
12.0%50
10-Year IRR
12.2%
Returns Index
26.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$31,200/yr
NOI
$19,573/yr
Net Cash Flow
-$426/mo
Cash Margin
-16.4%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
30.4/ 100

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

Comparables

Properties near 1678 Dale Street

Time

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