1435 Mickleborough Drive, London North

$699,777
1435 Mickleborough Drive

$699,777

New
8d
Detached2-Storey

1435 Mickleborough Drive, London North

Total Monthly Obligation $3,671

HausQ Valuation Report
Beds
6
Baths
4
Park
4
Sqft
2000-2500
DOM
8d
Score
19
Yield
5.6%
Cash on Cash
-0.6%
Cap Rate
4.4%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Detached
MLS® Number-X14081274
Beds-6
Bathrooms-4
Size-2000-2500 sqft
Lot Size-39.11 × 115.47 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,682.2 (2026)
Parking-6 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-North I
Title-Residential Freehold

No agent assigned

Welcome to this stunning 2-storey corner home in one of North London's most desirable neighbourhoods. Situated on a premium corner lot with no sidewalk, this property features a4-car driveway and offers over 3,000 sq. ft. of finished living space. The bright and spacious main level boasts a unique layout with two separate living areas, making it ideal for entertaining and family gatherings. You'll also find a convenient 2-piece powder room and a functional L-shaped kitchen featuring a breakfast bar and additional space for a dining table. Upstairs, the spacious primary bedroom includes a walk-in closet and a private 4-piece ensuite. Three additional generously sized bedrooms provide excellent natural light and ample space for the whole family. The fully finished basement, with its separate side entrance, offers exceptional versatility. It includes a large family room, two bedrooms, a kitchen, a full bathroom, and a dedicated laundry area, making it ideal for an in-law suite or potential rental income. For added convenience, the home includes a washer and dryer in the garage, with an additional laundry hookup available in the main floor powder room.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$575,497($15,675 CMHC)
Land Transfer Taxes$10,471
Legal Fees (Est.)
$
Total cash required for closing$151,926

Total Monthly Obligation

$3,750/mo
Mortgage $2,902
Monthly Loss $2,987
Principal$764
Interest$2,138
Property Tax$474
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-6.3%2
5-Year IRR
9.5%32
10-Year IRR
10.9%
Returns Index
18.3/ 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
$39,480/yr
NOI
$25,350/yr
Net Cash Flow
-$789/mo
Cash Margin
-24.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
82.2%14
Vacancy Buffer
2.6 mo41
Risk Index
22.0/ 100

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

Comparables

Properties near 1435 Mickleborough Drive

Time

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Data last updated within the past 24 hours.