424 Warner Terrace, London North

$1,199,900
424 Warner Terrace

$1,199,900

New
4d
DetachedBungalow

424 Warner Terrace, London North

Total Monthly Obligation $6,133

Beds
5
Baths
3
Park
4
Sqft
2000-2500
DOM
4d
Score
15
Yield
3.4%
Cash on Cash
-10.8%
Cap Rate
2.3%
5Y IRR
7.2%
10Y IRR
8.1%
Property Type-Detached
MLS® Number-X14092660
Beds-5
Bathrooms-3
Size-2000-2500 sqft
Lot Size-62.7 × 129.3 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$11,014 (2025)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-North R
Title-Residential Freehold

No agent assigned

Better than new ranch in sought after Sunningdale West Neighbourhood. Pride of workmanship is evident throughout this Bridlewood built home. Beautiful open concept floor plan is perfect for today's modern lifestyle. Cook's kitchen with large centre island, floor to ceiling cabinetry and upgraded appliances. Are you always the host? The walk-in butler's pantry and the formal dining space adjacent the kitchen will make entertaining easier! The upscale family room features wall-to-wall built-ins with undermount lighting, gas fireplace and included television. The primary suite features tray ceiling, large walk-in closet, and spacious ensuite. Main level is completed with a den or bedroom with arched windows and full bathroom access. Head to the lower level which is fully finished. This area would be great for a granny suite or multigenerational living. Large family gathering area complete with wetbar/kitchen, large sitting area and a second gas fireplace. There are three additional bedrooms on this level as well as a bathroom with oversized shower. Even with all of this there is still tons of storage!Numerous upgrades include hardwood flooring, quartz countertops, modern backsplash in kitchen and lower bar area, upgraded tiles in bathrooms, horizontal sheer window treatments, built-in Sonos speakers, security cameras, sprinkler system, covered sundeck, two exterior gas lines and stylish iron-style fencing. Two televisions and mounts included.

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

Closing Costs

Mortgage Amount
$959,920
Land Transfer Taxes$20,473
Legal Fees (Est.)
$
Total cash required for closing$261,953

Total Monthly Obligation

$6,133/mo
Mortgage $4,840
Monthly Loss $4,859
Principal$1,274
Interest$3,566
Property Tax$918
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.2%0
5-Year IRR
4.5%10
10-Year IRR
6.4%
Returns Index
6.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$40,968/yr
NOI
$21,357/yr
Net Cash Flow
-$3,060/mo
Cash Margin
-89.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.2/ 100

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

Comparables

Properties near 424 Warner Terrace

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