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Investment signal

$519,000

1878 CHURCHILL AVENUE

Beds

Baths

Sqft

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Year

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Location

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About this home

Welcome to 1878 Churchill Avenue - a solid all-brick 2-storey home offering 5 bedrooms and 2 full bathrooms in a highly desirable East London location. This versatile property is ideal for investors seeking strong, stable cash flow or for families seeking space and long-term value. Currently rented for $2,600 per month plus utilities, it presents an excellent turnkey investment opportunity with dependable income already in place. The functional layout features spacious principal rooms filled with natural light, a practical kitchen with direct access to the backyard, and five well-sized bedrooms providing ample accommodation for larger households. The layout works exceptionally well for multi-generational living or student rental potential, especially given its proximity to Fanshawe College - a key driver of consistent rental demand in the area. Outside, you'll find an attached garage along with ample driveway parking - a valuable feature for both homeowners and tenants. Conveniently located near schools, parks, shopping, public transit, and major routes, this neighbourhood continues to attract strong end-user and investor interest alike. Whether you're expanding your investment portfolio or securing a well-located home with excellent income potential, 1878 Churchill Avenue is a smart opportunity in today's market. (id:65958)

Subtype: Single Family
Structure: House
Community: East H
Common interest: Freehold
Lot dimensions: 56.2 x 150 FT
Bedrooms: 5 above grade
Parking: 5 total
Stories: 2
On market: Mar 3, 2026
Status changed: Apr 13, 2026
Annual tax: $3,034 (2025)
Photos: 41
MLS#: X12837928
Area: LONDON_EAST_(EAST_H)

Features and systems

Parking

Attached GarageGarage

Basement

FinishedN/A

Appliances

WasherRefrigeratorStoveDryer

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Poured Concrete

Negative cash flow ~$379/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-4.38%

Cap rate

5.01%

GRM

13.1

Break-even rent

$3,699

Financing

Down payment$103,800

Loan amount$415,200

Mortgage$2,547/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$238

Insurance$80

Maintenance$433

CapEx reserve$216

Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

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

Mortgage estimate

Estimated $2,547/mo at 5.49% with 20% down, 25-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 13, 2026.