1061 Eagletrace Drive 177, London North

$779,900
1061 Eagletrace Drive 177

$779,900

Price Change
25d
Detached2-Storey

1061 Eagletrace Drive 177, London North

Total Monthly Obligation $4,203

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
25d
Score
17
Yield
4.9%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-X13835198
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-39.9 × 108.7 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,181 (2025)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North S
Title-Residential Freehold

No agent assigned

Client RemarksWelcome to The Haven, an elegant 2 storey detached vacant land condominium by Rembrandt Homes in desirable North London.Known for quality craftsmanship and thoughtful design, this beautifully appointed home offers the perfect blend of comfort, style, and lowmaintenance living. The open concept main floor features hardwood and ceramic flooring, a gourmet kitchen with granite countertops andstainless steel appliances, and a spacious great room centred around a cozy natural gas fireplace. Step outside to the walkout deck, the perfectplace to enjoy your morning coffee, unwind after a long day, or entertain family and friends. Upstairs, you'll find the convenience of second floorlaundry, a spacious primary suite complete with a spa-inspired 5-piece ensuite, and two additional generously sized bedrooms served by a well-appointed 4-piece bathroom. As a detached vacant land condominium, you'll enjoy the benefits of owning your own lot while embracing a lowmaintenance lifestyle, with lawn care and snow removal included through the condominium corporation. Conveniently located near golf courses,scenic walking trails, Western University, shopping, restaurants, and everyday amenities, this exceptional home offers the perfect blend ofcomfort, convenience, and easy living. Whether you're looking to simplify your lifestyle or enjoy everything North London has to offer, The Haven is ready to welcome you home.Book your private showing today and experience this exceptional home for yourself.

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

Closing Costs

Mortgage Amount
$623,920
Land Transfer Taxes$12,073
Legal Fees (Est.)
$
Total cash required for closing$169,553

Total Monthly Obligation

$4,203/mo
Mortgage $3,146
Monthly Loss $3,375
Principal$828
Interest$2,318
Property Tax$682
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.2%24
10-Year IRR
9.2%
Returns Index
13.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$38,196/yr
NOI
$21,695/yr
Net Cash Flow
-$1,338/mo
Cash Margin
-42.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.3/ 100

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

Comparables

Properties near 1061 Eagletrace Drive 177

Time

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