56 Yardley Place, London North

$529,900
56 Yardley Place

$529,900

New
21d
Detached2-Storey

56 Yardley Place, London North

Total Monthly Obligation $2,833

Beds
4
Baths
2
Park
2
Sqft
1500-2000
DOM
21d
Score
24
Yield
6.3%
Cash on Cash
2.3%
Cap Rate
5.1%
5Y IRR
17.4%
10Y IRR
16.1%
Property Type-Detached
MLS® Number-X13854654
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 117.24 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$3,851.46 (2026)
Parking-3 - Attached
Basement-None
Heating-Other (Other)
Brokerage-EXP REALTY
Cooling-Other
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Metal
Foundation-Slab
Sewer-Sewer
Possession-Flexible
Neighbourhood-North F
Title-Residential Freehold

No agent assigned

Tucked into a friendly North London neighbourhood where people still say hello on their walks and the block BBQ is a summer tradition, this 4 bedroom, 2 bathroom home offers 1,668 sq ft of bright, open living just minutes from the Medway Heritage Forest trails. The living room sets the tone, anchored by a natural gas fireplace that makes it the go-to spot on cooler evenings. A generous dining room and spacious kitchen keep the main level easy to live in, along with a main floor bedroom and 4 piece bath that work well for guests or a home office. Upstairs, the primary bedroom is joined by two more bedrooms and a 3 piece bath. The big ticket items are done: a metal roof installed three years ago with a 55 year transferable warranty, an owned ductless split system installed in 2025 providing both heat and A/C (with capacity to add up to three more heads), an owned on-demand water heater, and siding upgraded with added foam insulation and house wrap. Main level flooring was updated in 2023, the upper level in 2025, and the home was repainted in 2024 and 2026. Outside, the fenced yard has room for the dogs, a patio made for evening fires, and a concrete pad already set up with conduit for a future hot tub. An attached garage and double private drive provide parking for three. With parks and trails around every corner, two elementary and two high schools nearby, and shopping and restaurants close at hand, this is a home that has always been an easy place to relax and live.

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

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$2,833/mo
Mortgage $2,137
Monthly Loss $2,271
Principal$562
Interest$1,575
Property Tax$321
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.6%3
5-Year IRR
12.8%56
10-Year IRR
12.9%
Returns Index
29.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$33,204/yr
NOI
$21,532/yr
Net Cash Flow
-$343/mo
Cash Margin
-12.4%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
30.6/ 100

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

Comparables

Properties near 56 Yardley Place

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