2264 Waterside Terrace, London North

$1,998,900
2264 Waterside Terrace

$1,998,900

New
25d
Detached2-Storey

2264 Waterside Terrace, London North

Total Monthly Obligation $9,476

Beds
5
Baths
5
Park
3
Sqft
3500-5000
DOM
25d
Score
13
Yield
2.1%
Cash on Cash
-14.9%
Cap Rate
1.4%
5Y IRR
4.0%
10Y IRR
5.7%
Property Type-Detached
MLS® Number-X13834366
Beds-5
Bathrooms-5
Size-3500-5000 sqft
Lot Size-82.74 × 140.44 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$12,456 (2025)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP. SHAHIN TABESHFARD INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Inground
Facing-East
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-April 2027
Neighbourhood-North R
Title-Residential Freehold

No agent assigned

Welcome to 2264 Waterside Terrace; this stunning family home located in desirable Sunningdale is sure to impress. Featuring 4 +1 bedrooms, 4.5 bathrooms, a triple car garage and elegant landscaping with an impressive backyard retreat; all just steps from the Medway Creek Ravine & situated on one of Sunningdale's most prestigious streets. Upon entering, you'll be impressed with the grand foyer, offset by the formal dining room & adjacent home office space. Offering an open concept great room with oversized windows allowing for loads of natural light, spacious breakfast nook and luxurious gourmet kitchen; with large island, elegant cabinetry and sleek stainless steel appliances. An additional formal living room space completes the heart of this home & offers the ideal family and entertainment space. The second level features a luxurious primary retreat, including an exquisite spa-like en-suite with soaker tub, tiled glass shower, double vanities; as well as a spacious walk-in closet with build in organizers. The upper level offers 3 more large bedrooms, a 4 pc main bath, as well as an additional 3 pc bath. The lower level features a 5th bedroom, convenient home gym space, a 3-piece bath; as well as a large rec space. Offering exquisite curb appeal, and one of the most alluring features of this home; is the backyard oasis. Fully fenced in a tranquil setting, the backyard space features a large covered deck space, in-ground salt water pool, perfect for enjoy those lazy summer Sundays. Ideally located with easy access to Masonville shopping centre, top district schools, UWO and the University Hospital. Additional features include: in ground sprinkler system for the front yard and 9 ft ceilings on main floor --this one is a must see!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,599,120
Land Transfer Taxes$36,453
Legal Fees (Est.)
$
Total cash required for closing$437,733

Total Monthly Obligation

$9,476/mo
Mortgage $8,063
Monthly Loss $7,354
Principal$2,122
Interest$5,941
Property Tax$1,038
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.5%0
5-Year IRR
1.9%5
10-Year IRR
4.4%
Returns Index
3.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$42,744/yr
NOI
$21,514/yr
Net Cash Flow
-$6,270/mo
Cash Margin
-176.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.222
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.4/ 100

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

Comparables

Properties near 2264 Waterside Terrace

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