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Investment signal

$579,900

9 BUCHAN ROAD

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location 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.

About this home

Welcome to 9 Buchan Road in London, a bungalow offering versatile living with a secondary suite in the lower level featuring a separate entrance. The main floor includes three bedrooms, a bright living room, a functional kitchen, and a full bathroom, providing comfortable everyday living. The lower level is set up as a separate living area with two bedrooms, a kitchen, and a full bathroom, making it ideal for extended family or potential rental income. A new furnace installed in 2026. Conveniently located with close proximity to Highway 401, this property offers easy access for commuters while still being near local amenities. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: East I
Common interest: Freehold
Lot dimensions: 45.3 x 97.1 FT
Bedrooms: 3 above grade, 2 below grade
Parking: 2 total
Stories: 1
On market: Apr 9, 2026
Status changed: Apr 22, 2026
Annual tax: $2,883 (2025)
Zoning: R1-4
Photos: 11
MLS#: X12975924
Area: LONDON_EAST_(EAST_I)

Features and systems

Parking

No Garage

Basement

FinishedSeparate entranceN/AN/A

Appliances

WasherRefrigeratorStoveDryer

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Concrete

Lot

Irregular lot sizeLane

Negative cash flow ~$286/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

-2.96%

Cap rate

4.27%

GRM

14.6

Break-even rent

$3,601

Financing

Down payment$115,980

Loan amount$463,920

Mortgage$2,351/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$266

Insurance$80

Maintenance$483

CapEx reserve$242

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: 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 $2,351/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 22, 2026.