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Investment signal

$439,900

99 INKERMAN STREET

Beds

Baths

Sqft

—

Year

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Location

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About this home

Welcome to 99 Inkerman St. This is the home you've been looking for! Formerly a registered duplex, this home is a great option for investors, first time home buyers and multi generational families alike. Use the 2nd floor for older children, parents of just extra living quarters. Inside you will find updated Kitchens and bathrooms on both levels, lots of hardwood floors on the main floor and laminate/tile on the 2nd. The generous backyard includes a single garage for extra parking, seasonal toys or even a hobby space. Put this one on the top of your viewing list! (id:65958)

Subtype: Single Family
Structure: House
Community: East L
Common interest: Freehold
Lot dimensions: 33 x 132.2 FT
Bedrooms: 3 above grade
Parking: 5 total
Stories: 2
On market: Jan 6, 2026
Status changed: Apr 15, 2026
Annual tax: $2,431 (2025)
Zoning: R2.2
Photos: 47
MLS#: X12669598
Area: LONDON_EAST_(EAST_L)

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedFull

Appliances

WasherDishwasherDryerTwo stovesWindow CoveringsTwo Refrigerators

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Flooring

TileHardwood

Foundation

Block

Lot

Flat siteCarpet FreeIn-Law Suite

Negative cash flow ~$710/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

-9.69%

Cap rate

3.95%

GRM

15.3

Break-even rent

$3,148

Financing

Down payment$87,980

Loan amount$351,920

Mortgage$2,159/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$202

Insurance$80

Maintenance$367

CapEx reserve$183

Vacancy loss$120

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

Mortgage estimate

Estimated $2,159/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 15, 2026.