1464 Medway Park Drive, London North

$925,000
1464 Medway Park Drive

$925,000

New
2d
Detached2-Storey

1464 Medway Park Drive, London North

Total Monthly Obligation $4,727

Beds
4
Baths
4
Park
4
Sqft
2500-3000
DOM
2d
Score
17
Yield
4.7%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-X14102724
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-42.68 × 111.26 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$7,443.85 (2026)
Parking-6 - Attached
Basement-Separate Entrance, Unfinished
Heating-Forced Air (Gas)
Brokerage-KING REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Stone, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North S
Title-Residential Freehold

No agent assigned

Welcome to 1464 Medway Park Drive, a stunning two-storey detached home in the sought-after Hyde Park neighbourhood of North London. Built in 2021, this carpet-free residence offers approximately 2,685 sq. ft. of above-grade living space on a beautifully landscaped 42.68 111.26 ft. lot with a fully fenced backyard.The open-concept main floor features impressive 9-ft. ceilings and an inviting living room with a sleek electric fireplace-perfect for entertaining or unwinding. The beautifully appointed kitchen showcases quartz countertops, custom cabinetry, stainless steel appliances, a modern backsplash, and under-cabinet lighting. High-end roller blinds throughout provide added style and privacy.Upstairs, four spacious bedrooms offer comfort and flexibility. The primary retreat features a generous walk-in closet and a spa-inspired ensuite. Bedrooms two and three share a convenient Jack-and-Jill bathroom, while the fourth bedroom enjoys its own private ensuite-ideal for guests or extended family.A separate side entrance provides access to the unfinished basement, offering potential for a future in-law suite or secondary unit, subject to municipal approvals and applicable requirements. A double-car garage and parking for up to six vehicles complete this exceptional property.Discover modern comfort, thoughtful design, and an outstanding location in one of North London's most desirable communities.

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Closing Costs

Mortgage Amount
$740,000
Land Transfer Taxes$14,975
Legal Fees (Est.)
$
Total cash required for closing$201,475

Total Monthly Obligation

$4,727/mo
Mortgage $3,731
Monthly Loss $3,745
Principal$982
Interest$2,749
Property Tax$620
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%26
10-Year IRR
9.5%
Returns Index
14.4/ 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
$43,248/yr
NOI
$26,979/yr
Net Cash Flow
-$1,483/mo
Cash Margin
-41.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
19.0/ 100

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

Comparables

Properties near 1464 Medway Park Drive

Time

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