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Investment signal

$649,900

204 BURNSIDE DRIVE

Beds

Baths

Sqft

—

Year

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Location

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About this home

Great opportunity to own a well-cared-for up and down duplex! The upper unit is tenant-occupied and features a spacious, two-bedroom, one-bathroom layout with its own hydro, gas meter, furnace, and air conditioner. A bonus sun room is also included. The main floor is owner-occupied and is equally spacious. Both units share an identical floor plan. The main floor has exclusive use of the full basement. The property also includes an over sized garage, parking for 8 cars and a large, fenced yard. Roof approximately 10 years old. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: East I
Lot dimensions: 60 x 151 FT
Bedrooms: 4 above grade
Parking: 9 total
Stories: 2
On market: Jan 8, 2026
Status changed: Apr 17, 2026
Annual tax: $5,145 (2025)
Zoning: R2-2
Photos: 42
MLS#: X12675200
Area: LONDON_EAST_(EAST_I)

Features and systems

Parking

Detached GarageGarage

Basement

Partially finishedFull

Appliances

WasherRefrigeratorCentral VacuumDishwasherOvenDryer

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Poured Concrete

Lot

Carpet Free

Negative cash flow ~$1,292/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

-11.93%

Cap rate

3.50%

GRM

16.7

Break-even rent

$4,610

Financing

Down payment$129,980

Loan amount$519,920

Mortgage$3,190/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$298

Insurance$80

Maintenance$542

CapEx reserve$271

Vacancy loss$163

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 I). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,190/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 17, 2026.