1048 Mahogany Road, London North

$674,999
1048 Mahogany Road

$674,999

New
2d
Detached2-Storey

1048 Mahogany Road, London North

Total Monthly Obligation $3,468

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
2d
Score
20
Yield
5.2%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Detached
MLS® Number-X14102976
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-50 × 131 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$4,442 (2025)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30
Neighbourhood-North P
Title-Residential Freehold

No agent assigned

Turn-key elegance in the heart of Oakridge! This beautifully modernized two-story home offers the perfect blend of style, comfort, and premium location. Enjoy a fully updated interior featuring natural-tone Belmont oak flooring across all levels, sleek quartz countertops, a modern tile backsplash, and stainless steel appliances. The open main floor shines with updated trim, contemporary doors, custom hardware, and recessed pot lighting. Upstairs features three bright bedrooms, including a primary suite with a spacious walk-in closet. The fully finished lower level adds excellent functional space, boasting a large, spacious recreation room with good-sized windows that let in plenty of natural light, alongside a full three-piece bath, laundry, and ample storage. Step outside to a good-sized, private backyard-perfect for relaxing or entertaining. Key capital updates include a new sundeck (2026), newer roof(2022), updated windows(2022), a concrete sidewalk, and a garage equipped with a smart opener and newer door. Superb walkability to top-rated schools, grocery stores, shopping, and the scenic Sifton Bog trails. Just move in and enjoy!

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

Closing Costs

Mortgage Amount
$539,999
Land Transfer Taxes$9,975
Legal Fees (Est.)
$
Total cash required for closing$146,475

Total Monthly Obligation

$3,468/mo
Mortgage $2,723
Monthly Loss $2,751
Principal$716
Interest$2,006
Property Tax$370
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$35,148/yr
NOI
$22,691/yr
Net Cash Flow
-$832/mo
Cash Margin
-28.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
24.5/ 100

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

Comparables

Properties near 1048 Mahogany Road

Time

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Data last updated within the past 24 hours.