225 Simcoe Street, London East

$359,900
225 Simcoe Street

$359,900

New
2d
DetachedBungalow

225 Simcoe Street, London East

Total Monthly Obligation $1,944

Beds
3
Baths
1
Park
1
Sqft
700-1100
DOM
2d
Score
24
Yield
6.1%
Cash on Cash
2.6%
Cap Rate
5.1%
5Y IRR
17.6%
10Y IRR
16.3%
Property Type-Detached
MLS® Number-X14104670
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-28 × 50 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Taxes-$1,408 (2025)
Parking-1 - None
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Stucco (Plaster)
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East K
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated bungalow, with modern updates and low-maintenance living. Natural light fills the home, creating a bright, warm, and inviting atmosphere throughout. Included furniture and recent renovations mean you can simply move in and enjoy, with no projects waiting for you. Outside, the fenced-in backyard is designed for easy upkeep, and a handy shed provides extra storage for tools, gear, and seasonal items. Street parking adds convenience for you and your guests.The central location is a standout: you're about a 20-minute drive to both Western University and Fanshawe College, with nearby bus routes making commuting simple. Perfect for young families, working professionals, or investors, this home also offers a strong rental potential. Comfort, convenience, and value in a location that's hard to beat.

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

Closing Costs

Mortgage Amount
$287,920
Land Transfer Taxes$3,874
Legal Fees (Est.)
$
Total cash required for closing$77,354

Total Monthly Obligation

$1,944/mo
Mortgage $1,452
Monthly Loss $1,562
Principal$382
Interest$1,070
Property Tax$117
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.5%3
5-Year IRR
12.2%51
10-Year IRR
12.3%
Returns Index
26.7/ 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
$22,068/yr
NOI
$13,953/yr
Net Cash Flow
-$289/mo
Cash Margin
-15.7%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
38.2/ 100

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

Comparables

Properties near 225 Simcoe 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.