41 GUNN Street, London North

$454,900
41 GUNN Street

$454,900

Price Change
45d
Detached2-Storey

41 GUNN Street, London North

Total Monthly Obligation $2,626

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
45d
Score
19
Yield
5.3%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X13756304
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-32.86 × 146.52 ft
Listed on site-Sep 8, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$4,996 (2025)
Parking-2 - None
Basement-Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Stucco (Plaster)
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-North K
Title-Residential Freehold

No agent assigned

Welcome to this charming and well-located 2-bedroom home, ideally situated just minutes from Western University and downtown London. Nestled on a unique lot backing onto beautiful greenspace and the Thames River, this property offers a rare combination of urban convenience and natural privacy. The main level features a spacious living area, a well-appointed kitchen with ample cabinetry and island, and a dining area perfect for family meals or entertaining. A newly updated 3 piece bathroom, with glass shower, is also on the main floor. The upper level offers a bright and spacious primary bedroom highlighted by beautiful cathedral ceilings, creating an open and airy retreat. This level also features a well-appointed 5-piece bathroom complete with a relaxing soaker tub and a large walk-in shower. An additional bedroom completes the upper floor, making it ideal for family, guests, or a home office setup. The fully finished lower level features a large living area, utility room with a workbench, and separate door with walk-up access to the backyard. Step outside to discover one of the true highlights of this property - a private backyard retreat backing directly onto greenspace and steps from the Thames River. Whether you're enjoying your morning coffee, hosting summer gatherings, or simply taking in the tranquil surroundings, this outdoor space offers exceptional serenity. Walking distance to London Waldorf School, Western University, Thames Valley Parkway and biking trail, parks, public transit, and all the amenities of downtown, this property is perfect for first-time buyers, investors, or a family looking to enjoy a quiet setting without sacrificing convenience. Don't miss your opportunity to own a home in one of London's most accessible and scenic locations!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$363,920
Land Transfer Taxes$5,573
Legal Fees (Est.)
$
Total cash required for closing$98,053

Total Monthly Obligation

$2,626/mo
Mortgage $1,835
Monthly Loss $2,143
Principal$483
Interest$1,352
Property Tax$416
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.9%23
10-Year IRR
9.1%
Returns Index
12.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$24,192/yr
NOI
$12,277/yr
Net Cash Flow
-$812/mo
Cash Margin
-40.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
29.1/ 100

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

Comparables

Properties near 41 GUNN Street

Time

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