78 Olympic Crescent, London North

$549,000
78 Olympic Crescent

$549,000

Price Change
18d
DetachedBacksplit 4

78 Olympic Crescent, London North

Total Monthly Obligation $2,909

Beds
5
Baths
2
Park
2
Sqft
1100-1500
DOM
18d
Score
23
Yield
6.0%
Cash on Cash
1.4%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.5%
Property Type-Detached
MLS® Number-X13866160
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-36.09 × 99.19 ft
Listed on site-Oct 5, 2026
Style-Backsplit 4
Building Type-Detached
Age-31-50
Taxes-$3,834.19 (2026)
Parking-2 - None
Basement-Separate Entrance, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North I
Title-Residential Freehold

No agent assigned

Welcome Home. This beautiful well-cared 5 bedroom backsplit house located in one of North London's most sought-after neighborhood features a separate entrance and an interior door designed to fully separate the upper and lower levels. This incredible architectural design offers unparalleled versatility, making it a turnkey goldmine for investors looking for a premium student rental or a dream setup for large/multi-generational families seeking independent living zones. This duplex zoned home close to Sherwood forest mall and Canada Games Aquatic Center. The fully fenced yard and deck give a plenty of room to relax and entertain. The carpet free, truly move-in ready house offer a great opportunity of the enjoying comfort, convenient and modern lifestyle. The newly updated kitchen, heart of the home has been beautifully modernized, featuring fresh finishes and an inviting layout perfect for cooking and entertaining. Premium new window curtains are already installed throughout, adding an elegant, polished touch so you can move right in or rent it out immediately. With 3 bedrooms upstairs and 2 bedrooms on the lower level, the layout is perfectly balanced. Coupled with 2 full bathrooms, everyone enjoys their own space. Complete independence is guaranteed with 2 separate sets of laundry equipment, eliminating any shared chore friction for tenants or extended family. For investors, this property is a cash-flow dream. Location is everything, and this home sits directly on prime bus transit routes with seamless, direct access to both Western University (UWO) and Fanshawe College. The ability to fully separate the levels means you can maximize rental income while offering tenants the privacy they demand. Don't miss out on this rare, high-demand North London gem.

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

Closing Costs

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$2,909/mo
Mortgage $2,215
Monthly Loss $2,326
Principal$583
Interest$1,632
Property Tax$320
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.3%3
5-Year IRR
12.3%52
10-Year IRR
12.4%
Returns Index
27.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$33,156/yr
NOI
$21,506/yr
Net Cash Flow
-$422/mo
Cash Margin
-15.3%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
29.5/ 100

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

Comparables

Properties near 78 Olympic Crescent

Time

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