1771 MICKLEBOROUGH Drive W, London North

$739,786
1771 MICKLEBOROUGH Drive W

$739,786

New
21d
Detached2-Storey

1771 MICKLEBOROUGH Drive W, London North

Total Monthly Obligation $3,819

Beds
6
Baths
4
Park
4
Sqft
2000-2500
DOM
21d
Score
18
Yield
5.3%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Detached
MLS® Number-X13857318
Beds-6
Bathrooms-4
Size-2000-2500 sqft
Lot Size-32.27 × 114.3 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,515 (2025)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-tba
Neighbourhood-North I
Title-Residential Freehold

No agent assigned

Stunning & Spacious 4+2 Bedroom Home in Desirable Hyde Park, North London! Welcome to thisbeautiful, meticulously maintained and updated 2-storey Wellington model by Kenmore Homes,located in one of North London's most sought-after neighbourhoods. Offering approximately2,200+ sq. ft. of above-grade living space plus 800 sq. ft. of finished lower-level space,this exceptional home provides an ideal blend of space, comfort, functionality, and investmentpotential. Situated on a premium lot with no sidewalk, the property features a double-cargarage and a spacious driveway with parking for up to four vehicles. The bright and invitingmain floor offers a unique and highly functional layout with two separate living/family areas,perfect for entertaining and family living. Enjoy a spacious living and dining area, a largeeat-in kitchen, and a cozy family room with a walkout to the private backyard, patio, and deckwith awning-an ideal setting for outdoor entertaining and summer gatherings. The second floorfeatures a generous primary bedroom with a walk-in closet and private ensuite with jacuzzitub, plus three additional spacious bedrooms. All bedrooms are carpet-free with hardwoodflooring and offer excellent natural light and ample closet space. The fully finished lowerlevel adds exceptional flexibility with a large recreation room, two additional bedrooms,fireplace, cold storage, and a full bathroom. Perfect for a growing family, guests, homeoffice/business use, entertainment, extended family, or potential rental income. Prime NorthLondon location! Close to Sherwood Forest Mall, Canada Games Aquatic Centre, hospitals,Western University, Fanshawe College, schools, shopping, grocery stores, banks, restaurants,and public transit. Convenient bus routes provide easy access to Western University andFanshawe College.Whether you are searching for your forever family home or an excellent investment opportunity,this property offers tremendous potential.

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Closing Costs

Mortgage Amount
$608,400($16,571 CMHC)
Land Transfer Taxes$11,271
Legal Fees (Est.)
$
Total cash required for closing$160,728

Total Monthly Obligation

$3,902/mo
Mortgage $3,068
Monthly Loss $3,095
Principal$807
Interest$2,260
Property Tax$460
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-7.2%1
5-Year IRR
8.8%28
10-Year IRR
10.3%
Returns Index
15.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$39,300/yr
NOI
$25,355/yr
Net Cash Flow
-$955/mo
Cash Margin
-29.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
82.2%14
Vacancy Buffer
2.5 mo39
Risk Index
20.9/ 100

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

Comparables

Properties near 1771 MICKLEBOROUGH Drive W

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.