465 Ashland Avenue, London East

$449,900
465 Ashland Avenue

$449,900

New
3d
Detached2-Storey

465 Ashland Avenue, London East

Total Monthly Obligation $2,396

Beds
2
Baths
2
Park
4
Sqft
700-1100
DOM
3d
Score
24
Yield
6.1%
Cash on Cash
1.9%
Cap Rate
5.0%
5Y IRR
17.1%
10Y IRR
15.8%
Property Type-Detached
MLS® Number-X14098750
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-45.11 × 116.81 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$2,469 (2026)
Parking-4 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Minimum 60 Days
Neighbourhood-East G
Title-Residential Freehold

No agent assigned

Updated and well maintained 1 3/4 Storey home situated on a tree-lined street in Old EastVillage features 2 bedrooms, 2 baths and modern updates throughout. The main floor offers anopen concept layout with a contemporary kitchen, equipped with a commercial-grade gas stove,adjacent to the dining room. The sunlit family room at the rear of the home overlooks theamazing backyard, featuring a large in-ground pool (pool liner replaced 2012) and a convenientstorage shed for pool equipment. The main floor also includes a 2pc powder room. Upstairs youwill find 2 spacious bedrooms and a 3pc bathroom, including a primary bedroom with a walk-i ncloset. The partially finished basement provides a versatile spare room, laundry area, coldroom, and additional storage. The property ensures privacy with no backyard neighbours and onlyone neighbour to the Horth. The private driveway can accommodate up to 4 vehicles. Located in aquiet neighbourhood close to downtown, Fanshawe College, Kellogg Lane-London's newestworld-class entertainment complex and home to the Hard Rock Hotel. Access to major routesmaking a commute through the city a breeze.Furnace 2009, Roof shingles 2023 .

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

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,396/mo
Mortgage $1,815
Monthly Loss $1,918
Principal$478
Interest$1,337
Property Tax$206
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.4%3
5-Year IRR
12.2%52
10-Year IRR
12.4%
Returns Index
26.9/ 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
$27,228/yr
NOI
$17,536/yr
Net Cash Flow
-$353/mo
Cash Margin
-15.6%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8114
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
33.8/ 100

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

Comparables

Properties near 465 Ashland Avenue

Time

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