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Investment signal

$859,000

2743 ORIOLE DRIVE

Save this home

Beds

7

Baths

4 full + 1 half

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Opportunity, flexibility, and income potential - all in one exceptional property.Welcome to this beautifully maintained 4+3 bedroom, 4 bathroom home offering approximately 2,225 sq ft above grade, perfectly designed for both comfortable family living and strong rental income potential.Step inside to a bright, spacious layout with generous principal rooms, ideal for entertaining and everyday living. The home features four large bedrooms upstairs, providing comfort and convenience for growing families.The fully finished basement with separate entrance opens the door to incredible versatility. With three additional bedrooms, a full bathroom, and its own private access, the lower level offers excellent potential for in-law living, multi-generational families, or income-generating rental space.Whether you're a homeowner looking to offset your mortgage or an investor seeking strong cash-flow potential, this property delivers flexibility that is increasingly hard to find.Located in a desirable London neighborhood close to schools, parks, shopping, transit, and major amenities, this is a rare opportunity to own a large home with built-in income potential in a fantastic location.A smart investment. A comfortable family home. The best of both worlds (id:65958)

Subtype
Single Family
Structure
House
Community
South U
Common interest
Freehold
Lot dimensions
38.6 x 99.5 FT
Bedrooms
4 above grade, 3 below grade
Parking
4 total
Stories
2
Fireplace
Yes
On market
Mar 5, 2026
Status changed
Apr 23, 2026
Annual tax
$5,566
Photos
45
MLS#
X12850688
Area
LONDON_SOUTH_(SOUTH_U)

Features and systems

Parking

Attached GarageGarage

Basement

FinishedSeparate entranceN/AN/A

Appliances

WasherRefrigeratorDishwasherStoveDryerGarage door opener remote(s)

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickVinyl siding

Flooring

HardwoodCarpeted

Foundation

Concrete
Negative cash flow ~$944/mo at these assumptions

Cash on cash

-6.60%

Cap rate

3.54%

GRM

16.6

Break-even rent

$5,294

Financing

Down payment$171,800
Loan amount$687,200
Mortgage$3,482/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$394
Insurance$80
Maintenance$716
CapEx reserve$358
Vacancy loss$215

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 $3,482/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 23, 2026.

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