711 Little Grey Street, London East

$349,900
711 Little Grey Street

$349,900

New
7d
Detached1 1/2 Storey

711 Little Grey Street, London East

Total Monthly Obligation $1,950

Beds
3
Baths
3
Park
1
Sqft
1100-1500
DOM
7d
Score
24
Yield
6.2%
Cash on Cash
1.9%
Cap Rate
5.0%
5Y IRR
17.0%
10Y IRR
15.8%
Property Type-Detached
MLS® Number-X14088302
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-30.09 × 67.66 ft
Listed on site-Oct 16, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$1,961 (2025)
Parking-1 - None
Basement-Full, Finished, Development Potential
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East L
Title-Residential Freehold

No agent assigned

This charming 1.5-storey home offers exceptional flexibility, comfortable living space, and plenty of potential for first-time buyers, growing households, or anyone looking for an affordable place to call home. The main floor features a spacious living room with hardwood flooring, a generously sized bedroom that can also serve as a formal dining room or home office, an updated kitchen, and a convenient 2-piece bathroom. Upstairs, you'll find a large bedroom area with a walk-in closet and a 3-piece bathroom. The fully finished basement adds even more usable space, complete with a family room, an additional bedroom, and a full bathroom. Enjoy outdoor living with private patios at both the front and back of the home, along with a private single-car driveway. Newer windows, and an ample storage make this home an appealing option for buyers looking to make the most of their budget. Conveniently located in East London, with everyday amenities, transit, local shops, and community destinations nearby, this home offers practical urban living with room to make it your own. A great opportunity to step into homeownership and make a place of your own.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$1,950/mo
Mortgage $1,411
Monthly Loss $1,578
Principal$371
Interest$1,040
Property Tax$163
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.3%2
5-Year IRR
11.5%46
10-Year IRR
11.8%
Returns Index
24.2/ 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
$21,540/yr
NOI
$12,925/yr
Net Cash Flow
-$334/mo
Cash Margin
-18.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
37.6/ 100

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

Comparables

Properties near 711 Little Grey Street

Time

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