563 Firefly Drive, London North

$989,000
563 Firefly Drive

$989,000

New
2d
Detached2-Storey

563 Firefly Drive, London North

Total Monthly Obligation $5,029

Beds
5
Baths
4
Park
2
Sqft
2500-3000
DOM
2d
Score
17
Yield
4.5%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Detached
MLS® Number-X14103732
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-50 × 119 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$7,980 (2025)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP - SELECT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-45-60
Neighbourhood-North B
Title-Residential Freehold

No agent assigned

Beautiful 2700 sq/ft former model home on a quiet court in Uplands North, a short walk to Virginia Park and sought after Jack Chambers Public School. Striking curb appeal with classic red brick and contrasting stucco. Thoughtful family friendly layout with hardwood floors throughout the main floor, includes formal dining room and main floor study with French doors and elegant custom oak walls and crown molding. Bright and spacious open concept kitchen and family room create an inviting heart of the home. Family room is complete with cozy gas fireplace, custom mantle and built-in wall unit. Updated kitchen (22) with new island, quartz counters, stainless steel backsplash, built-in microwave/hood fan, gas range, stainless steel Samsung fridge and Bosch dishwasher. Upstairs a contemporary oak staircase with black metal spindles creates on open and airy upper landing. Hardwood continues onto the upper landing and oversized primary bedroom. Rare his and hers walk-in closets in the primary suite, updated 6-piece ensuite bathroom (22) with freestanding tub, double vanity, new toilet and bidet. Three additional good sized second floor bedrooms, one with ensuite access to the 5-piece double vanity main bathroom. Convenient second floor laundry. Finished lower has oversized look-out windows and new vinyl flooring (25), huge rec room/games room, study, 3-piece bathroom, 5th bedroom and plenty of storage. In the rear yard you'll find an entertaining sized two-level deck, BBQ gas line and storage shed. This amazing location in the Jack Chambers/Lucas & Saint Catherine of Siena/Mother Teresa school districts is a 3-minute walk to Virginia Park, 4-minute drive to Masonville Mall and 8 minutes to University Hospital and Western University.

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

Closing Costs

Mortgage Amount
$791,200
Land Transfer Taxes$16,255
Legal Fees (Est.)
$
Total cash required for closing$215,555

Total Monthly Obligation

$5,029/mo
Mortgage $3,989
Monthly Loss $3,980
Principal$1,050
Interest$2,940
Property Tax$665
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
$44,472/yr
NOI
$27,545/yr
Net Cash Flow
-$1,694/mo
Cash Margin
-45.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
18.1/ 100

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

Comparables

Properties near 563 Firefly Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.