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Investment signal

$359,000

7 RATHGAR STREET

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Investment signal

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Location nearby

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

About this home

Welcome Home To This One And A Half Storey, Located On A Quiet Street In A Family Friendly Neighbourhood! The Spacious Upper Loft Is A Great Flex Space, Which Could Be Used As A Family Room, Or Set Up An Office And Work From Home! This Lovely Home Is Perfect For First Time Home Buyers, Someone Looking To Downsize, Or An Investment Property. Featuring Three Bedrooms, Two Bathrooms, And Large Open Concept Kitchen In The Centre, It Is Sure To Impress! (id:65958)

Subtype: Single Family
Structure: House
Community: East L
Common interest: Freehold
Lot dimensions: 28.3 x 91.3 FT
Bedrooms: 3 above grade, 1 below grade
Parking: 1 total
Stories: 1.5
On market: Mar 31, 2026
Status changed: Apr 26, 2026
Annual tax: $2,172.52
Zoning: R2-2
Photos: 20
MLS#: X12940564
Area: LONDON_EAST_(EAST_L)

Features and systems

Parking

No Garage

Basement

Partially finishedUnfinishedN/AN/A

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowaveWindow Coverings

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Aluminum sidingVinyl siding

Foundation

Block

Community

Community Centre

Utilities

SewerElectricityCable

Positive cash flow ~$607/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

10.14%

Cap rate

6.89%

GRM

10.3

Break-even rent

$2,262

Financing

Down payment$71,800

Loan amount$287,200

Mortgage$1,455/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$165

Insurance$80

Maintenance$299

CapEx reserve$150

Vacancy loss$145

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 $1,455/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 26, 2026.