2283 Tokala Trail, London North

$867,500
2283 Tokala Trail

$867,500

New
2d
Detached2-Storey

2283 Tokala Trail, London North

Total Monthly Obligation $4,473

Beds
4
Baths
4
Park
2
Sqft
2500-3000
DOM
2d
Score
17
Yield
4.6%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-X14102676
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-12.2 × 33.14 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,184.78 (2026)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-SUPERSTARS REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick Veneer, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-North S
Title-Residential Freehold

No agent assigned

Bright & Spacious Detached Home in Fox Field Community! A must-see Home in One of North London's rapidly growing communities! Quality-built by McKenzie Homes, This Impressive 2,579 sq. ft. Detached Home Features Thousands of Dollars in Upgrades and an Energy Star Certification for Enhanced Energy Efficiency. Designed for Comfort and Functionality, The Home Offers Two Ensuites and Two Semi-ensuite, Making it Ideal For Families and Guests. Enjoy Carpet-Free Flooring Throughout the Main and Second floors for a Clean, Modern Look and Easy Maintenance. The Second-floor Laundry Room Has Been Converted into a Den and Can Easily Be Restored to Its Original Laundry-room Function. The Basement Features an Upgraded Oversized Window and a Bathroom Rough-in, Offering Potential for Additional Living Space. Conveniently located Just Minutes From Masonville Mall and Western University, This Home Combines Quality Construction, Thoughtful Upgrades, and an Excellent Location. A Fantastic Opportunity to Own a Beautiful Home in a Desirable North London Neighbourhood!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$694,000
Land Transfer Taxes$13,825
Legal Fees (Est.)
$
Total cash required for closing$188,825

Total Monthly Obligation

$4,473/mo
Mortgage $3,499
Monthly Loss $3,552
Principal$921
Interest$2,578
Property Tax$599
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.1%24
10-Year IRR
9.1%
Returns Index
13.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$39,768/yr
NOI
$24,106/yr
Net Cash Flow
-$1,490/mo
Cash Margin
-45.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.4/ 100

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

Comparables

Properties near 2283 Tokala Trail

Time

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Data last updated within the past 24 hours.