884 Reeves Avenue, London North

$739,000
884 Reeves Avenue

$739,000

New
17d
Detached2-Storey

884 Reeves Avenue, London North

Total Monthly Obligation $3,802

HausQ Valuation Report
Beds
4
Baths
3
Park
3
Sqft
2000-2500
DOM
17d
Score
19
Yield
4.9%
Cash on Cash
-3.4%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X13866912
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-37.43 × 102.05 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,348 (2025)
Parking-5 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-THE REALTY FIRM INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North I
Title-Residential Freehold

No agent assigned

Welcome to 884 Reeves Avenue, a great family home in a sought-after North London neighbourhood. Built in 2013, this 4-bedroom, 3-bathroom home offers a practical layout with plenty of space for everyday family life. The main floor features a bright living room, functional kitchen, and dining area that's perfect for family dinners or entertaining guests. Upstairs, you'll love the convenience of second-floor laundry and a spacious primary bedroom complete with vaulted ceilings, a walk-in closet, and a full ensuite with a soaker tub. Outside, enjoy the stamped concrete patio, a great spot for relaxing or hosting summer BBQs. The driveway was redone in 2018, and the home also features a recently installed air purifier for added comfort. The unfinished basement gives you the opportunity to add your own touch and create extra living space down the road. Located close to excellent schools, this home is perfect for families looking for space, comfort, and a great location.

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Closing Costs

Mortgage Amount
$591,200
Land Transfer Taxes$11,255
Legal Fees (Est.)
$
Total cash required for closing$160,555

Total Monthly Obligation

$3,802/mo
Mortgage $2,981
Monthly Loss $3,017
Principal$784
Interest$2,196
Property Tax$446
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$36,360/yr
NOI
$22,876/yr
Net Cash Flow
-$1,075/mo
Cash Margin
-35.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.3/ 100

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

Comparables

Properties near 884 Reeves Avenue

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.