1197 Smither Road, London North

$699,000
1197 Smither Road

$699,000

New
20d
Detached2-Storey

1197 Smither Road, London North

Total Monthly Obligation $3,621

Beds
5
Baths
4
Park
4
Sqft
1500-2000
DOM
20d
Score
18
Yield
4.8%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Detached
MLS® Number-X13858978
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-36.76 × 105.25 ft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,113 (2025)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-Fireplace Insert, Electric, Living Room, Family Room
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North I
Title-Residential Freehold

No agent assigned

Welcome to desirable Hyde Park! This beautifully maintained two-storey family home offers the perfect combination of space, functionality, and comfort in one of Northwest London's most sought-after neighbourhoods. The main level welcomes you with a bright, open-concept layout featuring a dramatic two-storey foyer, hardwood and ceramic flooring, convenient main-floor laundry, and a spacious chef-inspired kitchen with ample cabinetry and workspace-perfect for both everyday living and entertaining. The kitchen is equipped with a 2-year-old refrigerator and a new microwave, offering both style and peace of mind. The cozy living room is centered around a beautiful fireplace, creating a warm and inviting atmosphere that's perfect for relaxing with family or entertaining guests throughout the year. Upstairs, you'll find three generously sized bedrooms, including a spacious primary retreat featuring elegant double French doors, a walk-in closet, and a private 4-piece ensuite. Two additional large bedrooms and a beautifully finished full bathroom complete the upper level. The fully finished basement offers exceptional versatility, highlighted by a stunning custom built-in fireplace feature wall with shelving that creates a warm and inviting family room. A potential fifth bedroom. A full bedroom with a closet and full bathroom are already in place, making this an excellent option for growing families, guests, or a home office. Additional updates include newer light fixtures, custom built-ins, and a beautifully updated lower-level bathroom. You'll enjoy easy access to excellent schools, parks, shopping, restaurants, Western University, University Hospital, and all the amenities that Northwest London has to offer.

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,621/mo
Mortgage $2,820
Monthly Loss $2,879
Principal$742
Interest$2,078
Property Tax$426
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.2/ 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
$33,840/yr
NOI
$20,843/yr
Net Cash Flow
-$1,083/mo
Cash Margin
-38.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.9/ 100

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

Comparables

Properties near 1197 Smither Road

Time

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