42 HICKORY Boulevard W, Strathroy-Caradoc

$619,900
42 HICKORY Boulevard W

$619,900

New
4d
DetachedBungalow

42 HICKORY Boulevard W, Strathroy-Caradoc

Total Monthly Obligation $3,162

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
4d
Score
22
Yield
5.7%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.2%
10Y IRR
15.1%
Property Type-Detached
MLS® Number-X14093370
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-47.1 × 100.07 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$3,435 (2025)
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-PINHEIRO REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-SE
Title-Residential Freehold

No agent assigned

Nestled on a quiet, family-friendly boulevard in Strathroy, this impeccably maintained bungalow offers over 2,200 square feet of finished living space and a warm, light-filled layout. The updated kitchen boasts contemporary cabinetry and ample storage, flowing seamlessly into a dedicated dining area. Sliding doors lead to a generous back deck and a private, fully fenced yard with no rear neighbors, creating an ideal setting for outdoor unwinding or hosting. The main level features three comfortable bedrooms and a refreshed four-piece bathroom, all enhanced by newer flooring and carpeting. Downstairs, the fully finished lower level adds exceptional versatility with a sprawling rec room-great for a home gym, play space, or movie nights-alongside a fourth bedroom, a three-piece bath, laundry, and ample storage. Additional highlights include a double attached garage, a private double driveway with four total parking spots, and a prime location within walking distance of York Park and local amenities. Notable upgrades comprise a modern kitchen and bathrooms, fresh landscaping, newer main-floor flooring, and a 2016 furnace. A turnkey property offering incredible space, comfort, and privacy.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$495,920
Land Transfer Taxes$8,873
Legal Fees (Est.)
$
Total cash required for closing$134,353

Total Monthly Obligation

$3,162/mo
Mortgage $2,501
Monthly Loss $2,504
Principal$658
Interest$1,843
Property Tax$286
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.6%3
5-Year IRR
12.0%50
10-Year IRR
12.2%
Returns Index
26.2/ 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
$35,400/yr
NOI
$23,925/yr
Net Cash Flow
-$507/mo
Cash Margin
-17.2%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
27.6/ 100

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

Comparables

Properties near 42 HICKORY Boulevard W

Time

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