984 Fanshawe Park Road E, London North

$859,900
984 Fanshawe Park Road E

$859,900

New
8d
Detached1 1/2 Storey

984 Fanshawe Park Road E, London North

Total Monthly Obligation $4,207

HausQ Valuation Report
Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
8d
Score
16
Yield
3.7%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-X14082550
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-150.24 × 126.03 ft
Listed on site-Oct 15, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,359 (2026)
Parking-5 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Immediate
Neighbourhood-North C
Title-Residential Freehold

No agent assigned

Attention developers and investors: 984 Fanshawe Park Road E offers an approximately 0.50-acre lot with 150.24 ft of frontage and 126.03 ft of depth, zoned R5-3/R6-5. Explore the potential for medium-density residential development; buyers to verify zoning boundaries, permitted uses, servicing, density and development feasibility with the City of London.The existing 1-storey brick home features four bedrooms and two bathrooms, including a main-floor primary bedroom. The main level also offers an eat-in kitchen and separate living, sitting and dining areas, with two additional bedrooms upstairs. A finished walkout basement adds a 3-piece bath, laundry and flexible living space. Outside are a covered patio, attached garage and double driveway. Updates include the furnace (2021), roof (2019), bay window and exterior door (2024).

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$687,920
Land Transfer Taxes$13,673
Legal Fees (Est.)
$
Total cash required for closing$187,153

Total Monthly Obligation

$4,207/mo
Mortgage $3,469
Monthly Loss $3,294
Principal$913
Interest$2,556
Property Tax$363
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.2%15
10-Year IRR
7.6%
Returns Index
8.7/ 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
$31,404/yr
NOI
$19,405/yr
Net Cash Flow
-$1,852/mo
Cash Margin
-70.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.6/ 100

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

Comparables

Properties near 984 Fanshawe Park Road E

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.