521 Blackwater Place, London North

$619,000
521 Blackwater Place

$619,000

New
7d
Detached2-Storey

521 Blackwater Place, London North

Total Monthly Obligation $3,225

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1100-1500
DOM
7d
Score
20
Yield
5.3%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Detached
MLS® Number-X14085448
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-23.21 × 112 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$4,241 (2025)
Parking-2 - Attached
Basement-Walk-Up, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-North C
Title-Residential Freehold

No agent assigned

Prime location! This north London home is on a premium pie-shaped ravine lot on a cul-de-sac at 521 Blackwater. This is perfect for a starter with 3 bedrooms, 2.5 bath, 3 fully finished floors. Features include gas fireplace, open concept great room with a vaulted ceiling, a patio door leading to a large high-deck 20x10, overlooking green space! The kitchen offers plenty of cupboard space, backsplash and 5 stainless steel appliances. located in the exceptional Stoney Creek neighbourhood and is steps away from Home Depot and YMCA community centre. It's in Lucas high school and Stoneycreek public school district. New shingles (June 2025) new furnace 2024, Move in condition.

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

Closing Costs

Mortgage Amount
$495,200
Land Transfer Taxes$8,855
Legal Fees (Est.)
$
Total cash required for closing$134,155

Total Monthly Obligation

$3,225/mo
Mortgage $2,497
Monthly Loss $2,568
Principal$657
Interest$1,840
Property Tax$353
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$32,532/yr
NOI
$20,538/yr
Net Cash Flow
-$785/mo
Cash Margin
-29.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.699
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.7/ 100

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

Comparables

Properties near 521 Blackwater Place

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.