21436 Highbury Avenue N, London North

$1,999,000
21436 Highbury Avenue N

$1,999,000

New
116d
DetachedBungalow

21436 Highbury Avenue N, London North

Total Monthly Obligation $8,925

Beds
5
Baths
3
Park
10
Sqft
1500-2000
DOM
116d
Score
14
Yield
2.4%
Cash on Cash
-12.2%
Cap Rate
2.0%
5Y IRR
6.1%
10Y IRR
7.2%
Property Type-Detached
MLS® Number-X13501322
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-701.83 × 611.44 ft
Listed on site-Jun 29, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,844.99 (2025)
Parking-14 - Detached
Basement-Partially Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-SMARTWAY REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-TBA, 60/90
Neighbourhood-North D
Title-Residential Freehold

No agent assigned

Attention All Investors, Builders & Developers! Don't miss this exceptional opportunity to own over 9 acres of prime land located on the edge of London, Ontario. This outstanding property offers incredible potential for future residential development and a variety of other investment opportunities. The property includes a well-maintained 3-bedroom bungalow with a finished basement, a heated garage, and ample storage space, making it ideal for immediate occupancy or rental income while planning future development. Neighbouring properties are already being acquired by investors, and development applications are underway in the surrounding area. Secure your position in this rapidly growing location before it's too late. A rare investment opportunity with exceptional future potential-act fast before it's gone!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,599,200
Land Transfer Taxes$36,455
Legal Fees (Est.)
$
Total cash required for closing$437,755

Total Monthly Obligation

$8,925/mo
Mortgage $8,063
Monthly Loss $6,804
Principal$2,122
Interest$5,942
Property Tax$487
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-14.9%0
5-Year IRR
3.9%8
10-Year IRR
5.8%
Returns Index
5.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$48,000/yr
NOI
$32,855/yr
Net Cash Flow
-$5,325/mo
Cash Margin
-133.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
12.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 21436 Highbury Avenue N

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.