1479 Sandpiper Drive E, London North

$945,000
1479 Sandpiper Drive E

$945,000

New
113d
Detached2-Storey

1479 Sandpiper Drive E, London North

Total Monthly Obligation $4,762

Beds
3
Baths
4
Park
4
Sqft
2000-2500
DOM
113d
Score
16
Yield
4.1%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-X13520868
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-43.86 × 149.62 ft
Listed on site-Jul 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,907 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick Front, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North D
Title-Residential Freehold

No agent assigned

Charming Two-Story Home in Fanshawe Ridge Perfect for Family Living. Welcome to this beautifully maintained, two-story family home in the sought-after Fanshawe Ridge neighborhood, perfect for those who love to host or simply enjoy spacious, comfortable living. Main Floor Highlights, Open Concept Layout: Ideal for gatherings, with hardwood and tile floors throughout. Stylish Kitchen with Quartz countertops, backsplash, pantry, and a cozy breakfast nook for morning coffee. Warm and Inviting Living Area, Complete with a fireplace for cozy evenings. Flexible Spaces Formal dining room for special occasions and a dedicated office for work or study. Upper Level has a Spacious Primary Suite, Large bedroom with his-and-hers walk-in closets no more fighting for closet space! Two Additional Bedrooms Perfect for family, guests. Fully finished versatile space ideal for a game room, home theatre, or guest suite, Includes a three-piece bathroom and a large furnace/storage room. Upgrades such as air exchanger and a built-in safe, and a Tank Less Water Heater. Enjoy Outdoor Living with Oversized backyard, perfect for summer BBQs and relaxing evenings, 16x22 deck, concrete patio, and a large shed for extra storage. This home has been thoughtfully designed for both daily comfort and effortless entertaining. Don't miss the chance to make it yours!

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$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$756,000
Land Transfer Taxes$15,375
Legal Fees (Est.)
$
Total cash required for closing$205,875

Total Monthly Obligation

$4,762/mo
Mortgage $3,812
Monthly Loss $3,759
Principal$1,003
Interest$2,809
Property Tax$576
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.0%18
10-Year IRR
8.2%
Returns Index
10.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$38,652/yr
NOI
$23,380/yr
Net Cash Flow
-$1,864/mo
Cash Margin
-57.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
18.2/ 100

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

Comparables

Properties near 1479 Sandpiper Drive E

Time

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