1095 Waterwheel Road, London North

$984,550
1095 Waterwheel Road

$984,550

New
6d
Detached2-Storey

1095 Waterwheel Road, London North

Total Monthly Obligation $4,346

Beds
4
Baths
4
Park
4
Sqft
2500-3000
DOM
6d
Score
19
Yield
4.2%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X14090718
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-37.84 × 122.6 ft
Listed on site-Oct 17, 2026
Style-2-Storey
Building Type-Detached
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-KING REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-North
Exterior-Stucco (Plaster), Concrete Block
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-North C
Title-Residential Freehold

No agent assigned

Welcome to an exciting new pre-construction opportunity in North London, proudly launched by Timeless Homes, one of London's respected custom home builders. Located in the highly desirable Stoney Creek neighbourhood, right next to Mother Teresa Catholic Secondary School, this beautifully designed home offers approximately 2,850 sq. ft. of modern living space with premium finishes throughout. Approx. 2,850 Sq. Ft. Modern Elevation 5 Bedrooms 4 FULL Washrooms Open-Concept Kitchen & Living Area, 9 Ft Ceilings on Main Floor & 9 Ft Ceilings on Basement, Quartz countertop in the entire house. one bedroom and full washroom on the floor, Carpet-Free Interior with Oak Staircase and engineering hardwood and tiles in the wet area and foyer, Modern front elevation with stone, brick and stucco, 4x4 egress windows in the basement, 2 stage high efficiency furnace with WiFi thermostat, 8ft high wide 2 patio doors, Bluetooth in ceiling speakers, 200 AMP Electrical Service, Owned Water Heater, Premium Upgrades Throughout. An optional finished basement with separate side entrance is also available, making this an excellent option for growing families, multi-generational living, or buyers looking for additional usable space. A rare opportunity to own a brand-new, highly upgraded home in one of North London's most sought-after communities.

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

Closing Costs

Mortgage Amount
$787,640
Land Transfer Taxes$16,166
Legal Fees (Est.)
$
Total cash required for closing$214,576

Total Monthly Obligation

$4,346/mo
Mortgage $3,971
Monthly Loss $3,301
Principal$1,045
Interest$2,926
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.0%35
10-Year IRR
10.5%
Returns Index
18.8/ 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
$41,460/yr
NOI
$32,814/yr
Net Cash Flow
-$1,237/mo
Cash Margin
-35.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.9/ 100

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

Comparables

Properties near 1095 Waterwheel Road

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.