57 Westchester Drive, London North

$849,000
57 Westchester Drive

$849,000

Price Change
49d
Detached2-Storey

57 Westchester Drive, London North

Total Monthly Obligation $4,762

Beds
5
Baths
4
Park
4
Sqft
3500-5000
DOM
49d
Score
16
Yield
4.9%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-X13746592
Beds-5
Bathrooms-4
Size-3500-5000 sqft
Lot Size-90 × 150 ft
Listed on site-Sep 4, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$11,554.37 (2026)
Parking-6 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Wood
Pool-Indoor
Facing-South
Exterior-Stucco (Plaster)
Roof-Metal
Foundation-Concrete
Sewer-Sewer
Possession-30 DAYS
Neighbourhood-North A
Title-Residential Freehold

No agent assigned

LOCATED JUST STEPS FROM UNIVERSITY HOSPITAL AND WESTERN UNIVERSITY, 57 WESTCHESTER OFFERS 5 BEDROOMS, 4 BATHS WITH CONSIDERABLE OPTIONS FOR LIVING/FLEX SPACE CAPABILITIES. BEAUTIFUL CURB APPEAL WITH STUCCO FACADE, DOUBLE GARAGE, IMPRESSIVE STEEL ROOF, ON A MATURE LANDSCAPED 90 X 150 FT DEEP LOT. THE CENTRE HALL PLAN CONSISTS OF A MAIN FLOOR OFFICE, A FORMAL LIVING ROOM ANCHORED BY A WOOD BURNING FIREPLACE, WITH FRENCH DOORS LEADING TO DESIGNATED DINING AND KITCHEN COMBINATION. A CHEFS' UPDATED KITCHEN PROVIDES RICH CHERRY WOOD CABINETRY, PROFESSIONAL GRADE STAINLESS APPLIANCES, INCLUDING INTEGRATED WALL OVENS AND GAS COOKTOP, GRANITE COUNTERS WITH RAISED BAR, AND VIEWS OF THE REAR LANDSCAPED YARD. A FOUR SEASON SUNROOM IS OPEN FROM THE KITCHEN WITH A STACKED WALL DETAIL AND 2 WALLS OF GLASS OFFERING TONS OF NATURAL LIGHT. THIS HOME OFFERS 2 PRIMARY BEDROOMS WITH ENSUITES: ONE ON THE MAIN, AND ONE ON THE SECOND LEVEL,WITH AN ADDITIONAL BEDROOM ON THE MAIN AND 2 ADDITIONAL BEDROOMS ON THE SECOND LEVEL. THE SHOWSTOPPER TO THIS HOME IS A FULLY ENCLOSED GLASS SPA ROOM, WITH ACCESS OFF THE PRIMARY SUITE, WHICH HOUSES A DUAL ZONED ENDLESS POOLS SWIM SPA: SWIM CURRENT LAP AREA FOR YOUR EXERCISING NEEDS, AND FULL HOTUB COMBINATION OFFERS YEAR ROUND ENJOYMENT! THE LOWER LEVEL IS PARTIALLY FINISHED AND LEADS TO AN AUTHENTIC 1950S UNDERGROUND NUCLEAR BUNKER! STORE YOUR WINE COLLECTION, VALUABLES, DRY GOODS, ETC...DEFINITELY A CONVERSATION PIECE! EXTRA STORAGE AREAS AND MECHANICALS COMPLETE THE LOWER. TO NOTE: 3 HEATING SYSTEMS PROVIDE CONSISTENT TEMPERATURES: IN-FLOOR RADIANT WATER, INFLOOR ELECTRIC AND GAS FURNACE/HEAT PUMP. A PRIVATE, LANDSCAPED YARD WITH SUNNY PATIO FOR ENTERTAINING, ACCESS TO SPA AREA AND A LARGE GAZEBO FOR ALL YOUR STORAGE NEEDS. AVAILABLE FOR A QUICK CLOSE, THIS HOME COULD BE YOURS IN 30 DAYS!

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

Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,762/mo
Mortgage $3,425
Monthly Loss $3,861
Principal$901
Interest$2,523
Property Tax$963
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.4%20
10-Year IRR
8.7%
Returns Index
11.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$42,000/yr
NOI
$21,746/yr
Net Cash Flow
-$1,612/mo
Cash Margin
-46.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.3/ 100

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

Comparables

Properties near 57 Westchester Drive

Time

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Data last updated within the past 24 hours.