1770 KIRKPATRICK Way, London South

$849,900
1770 KIRKPATRICK Way

$849,900

New
9d
DetachedBungalow

1770 KIRKPATRICK Way, London South

Total Monthly Obligation $4,306

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
9d
Score
16
Yield
4.0%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-X14034404
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-39.5 × 114.83 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,031.57 (2026)
Parking-6 - Attached
Basement-Unfinished, Full
Heating-Forced Air (Gas)
Brokerage-MAVERICK REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-30-59 days
Neighbourhood-South A
Title-Residential Freehold

No agent assigned

Welcome to 1770 Kirkpatrick Way, a custom Sifton-built bungalow tucked away on a quiet cul-de-sac in River Bend. Offering approximately 1,750 sq. ft. of thoughtfully designed main-floor living, this home features an inviting open-concept layout where the kitchen, dining area and great room flow seamlessly together. Large windows and patio doors span the back of the home, filling the space with natural light and overlooking a south-facing, pie-shaped lot.The kitchen features granite countertops and an angled peninsula with a double sink and seating, flowing into a bright breakfast area and the spacious great room with fireplace. The primary bedroom offers a walk-in closet, a well-appointed ensuite with granite vanity, soaker tub and tile-and-glass shower, along with direct access to the 12' x 19' screened porch. Added to the home, this inviting outdoor space extends the living area and provides the perfect spot to relax and enjoy the backyard. Two additional bedrooms, including one with a bay window, and a four-piece main bathroom are located along a separate hallway, offering added privacy. Convenient main-floor laundry and a mudroom provide direct access to the double attached garage. The full, unfinished basement offers approximately 1,660 sq. ft. of additional space with endless possibilities to create a recreation room, additional bedrooms or an in-law suite. Additional features include a durable steel roof with a 50-year lifespan, gas forced-air heating, central air conditioning and a classic brick exterior. Ideally located close to schools, shopping, West 5 and Highway 402, this River Bend bungalow offers space, comfort and the opportunity to make it your own.

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

Closing Costs

Mortgage Amount
$679,920
Land Transfer Taxes$13,473
Legal Fees (Est.)
$
Total cash required for closing$184,953

Total Monthly Obligation

$4,306/mo
Mortgage $3,428
Monthly Loss $3,404
Principal$902
Interest$2,526
Property Tax$503
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.6%17
10-Year IRR
8.0%
Returns Index
9.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$34,128/yr
NOI
$20,184/yr
Net Cash Flow
-$1,746/mo
Cash Margin
-61.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.4/ 100

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

Comparables

Properties near 1770 KIRKPATRICK Way

Time

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