941 Thistledown Way, London North

$499,900
941 Thistledown Way

$499,900

New
4d
Semi-Detached 2-Storey

941 Thistledown Way, London North

Total Monthly Obligation $2,682

Beds
3
Baths
2
Park
1
Sqft
1100-1500
DOM
4d
Score
19
Yield
4.7%
Cash on Cash
-4.8%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Semi-Detached
MLS® Number-X14102288
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-29.53 × 128 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$3,487 (2025)
Parking-2 - Attached
Basement-Full, Unfinished, Walk-Out, Development Potential
Heating-Forced Air (Gas)
Brokerage-THE REALTY FIRM INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North I
Title-Residential Freehold

No agent assigned

Welcome to 941 Thistledown Way, a 3 bedroom, 1.5 bath semi-detached home in Northwest London neighborhood, offering a practical layout, an attached garage, and a WALKOUT basement ready for your ideas. Whether you're a first-time buyer, a growing family, or someone who wants to add their own finishing touches, this home gives you a solid start in a well-established part of the city. Step inside to a main floor set up for everyday living, with comfortable space to relax, cook, and gather with access to good-sized deck from the kitchen with great views of the backyard. Upstairs, you'll find three bedrooms and a full bathroom. The HVAC system was updated in 2022, giving you peace of mind on one of a home's biggest-ticket items. The unfinished walkout basement is a blank slate: add a rec room, a home office, or extra living space, with the bonus of more natural light and direct access outside. Outside, you'll find a single attached garage for parking and/or extra storage, and the basement walkout makes it easy to step right out to the yard. Conveniently located just minutes from Western University, University Hospital, Wilfrid Jury Public School, local parks, shopping, and LTC transit, this home keeps everyday errands and commutes simple. Move in and make it your own!

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,682/mo
Mortgage $2,016
Monthly Loss $2,151
Principal$531
Interest$1,486
Property Tax$291
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.4%1
5-Year IRR
7.5%21
10-Year IRR
8.7%
Returns Index
11.7/ 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
$23,400/yr
NOI
$13,073/yr
Net Cash Flow
-$927/mo
Cash Margin
-47.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
28.5/ 100

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

Comparables

Properties near 941 Thistledown Way

Time

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Data last updated within the past 24 hours.