16 Barrington Avenue, London North

$495,000
16 Barrington Avenue

$495,000

New
25d
Detached2-Storey

16 Barrington Avenue, London North

Total Monthly Obligation $2,616

Beds
5
Baths
2
Park
3
Sqft
1100-1500
DOM
25d
Score
37
Yield
7.7%
Cash on Cash
9.4%
Cap Rate
6.6%
5Y IRR
23.1%
10Y IRR
20.9%
Property Type-Detached
MLS® Number-X13836814
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30 × 120 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$2,934 (2025)
Parking-3 - None
Basement-Separate Entrance
Heating-Forced Air (Gas)
Brokerage-PC275 REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North N
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained 3+2 bedroom, 2 full bathroom home, where timeless character and old-world charm blend seamlessly with thoughtful modern upgrades.The main floor offers two comfortable bedrooms, convenient main-floor laundry, and inviting living spaces filled with warmth and character. Upstairs, the private primary loft retreat provides a unique space complete with a large walk-in closet. The lower level offers fantastic in-law suite potential with a separate entrance and a thoughtfully designed layout featuring a second kitchen, full bathroom, two additional bedrooms, a spacious living room, plus it's own in-suite laundry. This versatile space is ideal for extended family, older children, guests, or flexible multi-generational living. Adding even more value and peace of mind, the furnace is just one year old, and a brand-new owned hot water tank was installed this year and a newly installed egress window in the basement! The location is another standout! Kinsmen Arena is just steps away, along with a ball diamond, splash pad, large park, and walking trails -- perfect for an active lifestyle. You'll also enjoy easy access to downtown, shopping, Western University, and major bus routes. With its combination of character, modern conveniences, flexible living space, and a fantastic location, this is a home with plenty to offer both today and for years to come.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$396,000
Land Transfer Taxes$6,375
Legal Fees (Est.)
$
Total cash required for closing$106,875

Total Monthly Obligation

$2,616/mo
Mortgage $1,997
Monthly Loss $2,091
Principal$525
Interest$1,471
Property Tax$245
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.4%43
Cash-on-Cash
2.8%14
5-Year IRR
18.0%86
10-Year IRR
17.0%
Returns Index
48.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
37/ 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
$38,232/yr
NOI
$26,975/yr
Net Cash Flow
$251/mo
Cash Margin
7.9%19
Cash Flow Index
19.4/ 100
Risk Profile
Weight: 20%
DSCR
1.1338
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
39.3/ 100

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

Comparables

Properties near 16 Barrington Avenue

Time

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