43 Canaan Street, Strathroy-Caradoc

$439,900
43 Canaan Street

$439,900

New
3d
DetachedBungalow

43 Canaan Street, Strathroy-Caradoc

Total Monthly Obligation $2,364

Beds
3
Baths
1
Park
4
Sqft
1100-1500
DOM
3d
Score
24
Yield
6.2%
Cash on Cash
2.4%
Cap Rate
5.1%
5Y IRR
17.5%
10Y IRR
16.2%
Property Type-Detached
MLS® Number-X14096468
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-85 × 107 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,578.8 (2026)
Parking-5 - Attached
Basement-Crawl Space, Unfinished
Heating-Forced Air (Gas)
Brokerage-SYNERGY REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Brick, Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-SE
Title-Residential Freehold

No agent assigned

Welcome to 43 Canaan St., a "bigger than it looks" bungalow that offers incredible value, surprising space, and a fantastic central location. It is located within a short walking distance of amenities like local shopping, the library, restaurants, and sports facilities. It looks sweet and cozy from the curb, but head inside to discover a layout that is much larger than it appears from the street. The home features an open-concept kitchen and living room, three bedrooms; one being a massive primary bedroom, a 4-piece bathroom, and a large family room perfect for movie nights and entertaining. Enjoy the convenience of an attached garage and lots of parking space in your private drive. Many of the big items have been replaced like furnace and central air in 2018, shingles(front portion) and most windows have already been updated. Step outside into your own private oasis featuring a large, fully fenced private backyard with beautiful mature trees that offer a peaceful retreat for weekend BBQs, pets, or children to play. Book your private showing today!

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

Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$2,364/mo
Mortgage $1,774
Monthly Loss $1,897
Principal$467
Interest$1,307
Property Tax$215
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.0%3
5-Year IRR
12.5%54
10-Year IRR
12.6%
Returns Index
28.0/ 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
$27,300/yr
NOI
$17,491/yr
Net Cash Flow
-$317/mo
Cash Margin
-13.9%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo70
Risk Index
34.4/ 100

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

Comparables

Properties near 43 Canaan 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.