402 TANSBURY Street, London North

$745,000
402 TANSBURY Street

$745,000

New
18d
Detached2-Storey

402 TANSBURY Street, London North

Total Monthly Obligation $3,819

Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
18d
Score
18
Yield
4.5%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.4%
Property Type-Detached
MLS® Number-X13862116
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-36.18 × 108.58 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$5,264 (2025)
Parking-4 - Attached
Basement-Full, Unfinished, Development Potential
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North E
Title-Residential Freehold

No agent assigned

MOVE-IN READY IN NORTH LONDON! Welcome to 402 Tansbury Street, a beautifully maintained 2017-built detached home offering 4 bedrooms, 2.5 bathrooms, a double-car garage and a fantastic location close to everything North London has to offer. Step inside to a bright, inviting open-concept main floor designed for both comfortable family living and entertaining. The upgraded kitchen overlooks the spacious living and dining areas, while the dinette provides direct access to a large deck-perfect for summer BBQs, outdoor dining and relaxing with family and friends. Upstairs, you'll find four generously sized bedrooms, including a spacious primary retreat complete with a private ensuite. The full-height unfinished basement offers excellent potential for future living space-create a recreation room, home theatre, gym, office or playroom to suit your family's needs. Enjoy the convenience of a double-car garage, double driveway and a sought-after North London location just minutes from Western University, Ivey Business School, LHSC, Masonville Mall, Hyde Park shopping, restaurants, parks and everyday amenities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$596,000
Land Transfer Taxes$11,375
Legal Fees (Est.)
$
Total cash required for closing$161,875

Total Monthly Obligation

$3,819/mo
Mortgage $3,005
Monthly Loss $3,028
Principal$791
Interest$2,214
Property Tax$439
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.1%24
10-Year IRR
9.1%
Returns Index
13.0/ 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
$33,804/yr
NOI
$20,660/yr
Net Cash Flow
-$1,283/mo
Cash Margin
-45.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
21.7/ 100

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

Comparables

Properties near 402 TANSBURY Street

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.