297 Stephen Street, London South

$524,900
297 Stephen Street

$524,900

New
4d
Detached1 1/2 Storey

297 Stephen Street, London South

Total Monthly Obligation $2,833

HausQ Valuation Report
Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
4d
Score
22
Yield
5.9%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
15.9%
10Y IRR
14.9%
Property Type-Detached
MLS® Number-X14092832
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-60 × 188 ft
Listed on site-Oct 19, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$4,090 (2025)
Parking-5 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS LIFESTYLES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Shingles
Foundation-Block
Sewer-Sewer
Possession-90 days ideally however can be flexible
Neighbourhood-South B
Title-Residential Freehold

No agent assigned

Welcome to 297 Stephen Street, a home full of character and possibilities, situated on a beautiful, mature lot in one of London's most sought after neighbourhoods. Just steps from Byron Northview P.S., this property offers an incredible opportunity for buyers looking to put their own stamp on a home in a fantastic location. The main floor features a spacious living room, separate dining area, kitchen, two bedrooms, a full bathroom and a sunroom/mudroom overlooking the backyard. Upstairs, you'll find two additional bedrooms, a convenient home den and a second bathroom, offering flexibility for families or those working from home. Outside is where this property really shines! The generous, fully fenced backyard is surrounded by mature trees, offering privacy, plenty of green space and room to enjoy the outdoors. A large deck and detached garage add to the appeal. With its charming curb appeal, versatile layout and exceptional lot, this home offers a wonderful opportunity to make something truly your own. Bring your ideas and imagination and discover the potential of 297 Stephen Street. A chance to get into desirable Byron and create a home you'll love for years to come!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$419,920
Land Transfer Taxes$6,973
Legal Fees (Est.)
$
Total cash required for closing$113,453

Total Monthly Obligation

$2,833/mo
Mortgage $2,117
Monthly Loss $2,276
Principal$557
Interest$1,560
Property Tax$341
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
24.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$31,104/yr
NOI
$19,404/yr
Net Cash Flow
-$500/mo
Cash Margin
-19.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7613
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
29.4/ 100

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

Comparables

Properties near 297 Stephen Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.