1492 North Vernon Avenue, London North

$774,900
1492 North Vernon Avenue

$774,900

New
2d
DetachedBungalow

1492 North Vernon Avenue, London North

Total Monthly Obligation $3,885

Beds
4
Baths
2
Park
8
Sqft
1100-1500
DOM
2d
Yield
5.2%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X14101640
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-75 × 175 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,610 (2025)
Parking-10 - Attached
Basement-Separate Entrance
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible/immediate (property is vacant)
Neighbourhood-North H
Title-Residential Freehold

No agent assigned

Welcome to 1492 North Vernon Ave, a beautifully renovated bungalow on an impressive 75' x 175' lot in North London's sought-after Northridge neighbourhood. Backing onto the Lucas High School playground, this home offers exceptional privacy, space, and a family-friendly setting. Property offers Excellent curb appeal with a beautifully landscaped front yard and attractive stonework. Features include an attached oversized double garage and a huge driveway with parking for 8-10 vehicles. Extensively updated with brand-new high-efficiency windows, HVAC system, solid exterior doors, flooring, trim, baseboards, interior doors, and fresh paint. The bright living room features new oversized windows that fill the space with natural light. The stunning custom kitchen offers two-tone cabinetry, artisan subway-tile backsplash, brand-new stainless-steel appliances, and a custom hood range. The main floor includes 3 bedrooms and a full bathroom, while the lower level features a spacious family room with electric fireplace, 4th bedroom and a full bathroom, separate storage area with built-in wooden racks, and a separate large unfinished area with future development potential .Roof was installed in DEC 2018 and a Culligan Water Softener is a bonus feauture. Enjoy the private, mature, tree-lined backyard with a brand-new deck and patio, perfect for relaxing or entertaining. Move-in ready, extensively renovated, and located on an exceptional lot in prime Northridge-this home is ready for its next family!

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Closing Costs

Mortgage Amount
$619,920
Land Transfer Taxes$11,973
Legal Fees (Est.)
$
Total cash required for closing$168,453

Total Monthly Obligation

$3,885/mo
Mortgage $3,126
Monthly Loss $3,062
Principal$823
Interest$2,303
Property Tax$384
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 1492 North Vernon Avenue

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