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Investment signal

$789,900

677 & 679 SEVILLA PARK PLACE

Beds

Baths

Sqft

—

Year

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Location

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About this home

Welcome to this rare investment opportunity in the Carling neighbourhood of London! 677 & 679 Sevilla Park Place offers a unique chance to own both sides of a semi-detached property under single ownership. Whether you're an investor or a first-time buyer looking to offset your mortgage, this property offers flexibility and long-term value in a well-established, family-friendly neighbourhood. Each home features its own private entrance, 3 bedrooms, a full bathroom, and separate utilities. 679 was fully renovated in 2022, with updated electrical, plumbing, windows, kitchen, bathroom, paint, and flooring throughout. It is currently tenanted and producing strong rental income. 677 has been lovingly maintained by long-term tenants, with the kitchen updated in 2025, and offers excellent potential for future updates and added equity. Set on a generous 61 x 128 ft lot with separately fenced backyards, these homes offer plenty of room for kids, pets, and outdoor enjoyment. Located close to schools, Western University, parks, bus routes, amenities, and downtown London, with easy access to everything the city has to offer. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: East C
Common interest: Freehold
Lot dimensions: 61.1 x 128.5 FT
Bedrooms: 6 above grade, 0 below grade
Parking: 4 total
Stories: 1
Fireplace: Yes
On market: Apr 17, 2026
Status changed: Apr 17, 2026
Annual tax: $3,638 (2026)
Zoning: R2-2
Photos: 18
MLS#: X13010772
Area: LONDON_EAST_(EAST_C)

Features and systems

Parking

No Garage

Basement

Partially finishedUnfinishedN/AN/A

Appliances

WasherRefrigeratorWater meterDishwasherStoveDryerWater Heater

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Foundation

Block

Community

Community Centre

Utilities

SewerElectricityCable

Security

Smoke Detectors

Negative cash flow ~$1,554/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

-11.80%

Cap rate

3.53%

GRM

16.7

Break-even rent

$5,585

Financing

Down payment$157,980

Loan amount$631,920

Mortgage$3,877/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$362

Insurance$80

Maintenance$658

CapEx reserve$329

Vacancy loss$198

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

Mortgage estimate

Estimated $3,877/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.