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Investment signal

$529,900

106 LAURENTIAN DRIVE N

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London East (East O). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to this all brick bungalow in the family neighbourhood of Fairmont. Over 2000 square feet of finished space brings so many options! The main floor features 3 beds and a full 4 piece bath, hardwood flooring in main living areas, updated kitchen with adjacent formal dining room, and an enclosed sunroom. The basement has potential for an in law suite or as an Air BnB with a separate entrance, 2nd kitchen and full 4 piece bathroom, with loads of storage. The yard is spacious, fully fenced and private, with a patio and lots of green space to play. Plenty of parking for 4 cars on a quiet street. Close to schools, shopping and parks, this is the perfect family home, or potential investment property! (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: East O
Common interest: Freehold
Lot dimensions: 60 FT
Bedrooms: 3 above grade
Parking: 4 total
Stories: 1
Fireplace: 1
On market: Mar 6, 2026
Status changed: Apr 24, 2026
Annual tax: $3,386 (2025)
Zoning: R1-6
Photos: 42
MLS#: X12856600
Area: LONDON_EAST_(EAST_O)

Features and systems

Parking

No Garage

Basement

Partially finishedFull

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Poured Concrete

Negative cash flow ~$616/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.97%

Cap rate

3.47%

GRM

16.7

Break-even rent

$3,298

Financing

Down payment$105,980

Loan amount$423,920

Mortgage$2,148/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$243

Insurance$80

Maintenance$442

CapEx reserve$221

Vacancy loss$133

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,148/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.