1609 Blackwell Boulevard, London North

$1,025,000
1609 Blackwell Boulevard

$1,025,000

Price Change
42d
Detached2-Storey

1609 Blackwell Boulevard, London North

Total Monthly Obligation $5,130

Beds
4
Baths
3
Park
3
Sqft
2500-3000
DOM
42d
Score
16
Yield
3.8%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Detached
MLS® Number-X13770408
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-50.15 × 100.31 ft
Listed on site-Sep 11, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,443 (2025)
Parking-5 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-North
Exterior-Brick, Stone
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North D
Title-Residential Freehold

No agent assigned

Welcome to 1609 Blackwell Blvd, a stunning two-storey home in the sought after Fanshawe Ridge neighborhood of North London. A striking stone front and soaring stone archway create instant curb appeal, leading you into a bright foyer with a vaulted ceiling. Inside, you'll find 4 spacious bedrooms, 2.5 bathrooms and a double car garage, offering plenty of room for a growing family. Hardwood flooring runs throughout the main level, complemented by extensive millwork and crown moulding. The open concept kitchen features granite countertops and generous cabinet space, perfect for everyday living and entertaining. A bonus den, office space and mudroom with laundry area add everyday convenience. The great room impresses with coffered ceilings and a cozy gas fireplace, ideal for family gatherings. Upstairs, the primary bedroom is a true retreat with a spa like ensuite featuring double sinks, a soaker tub and two large walk in closets. One of the true showpieces of this home is the covered porch, thoughtfully designed with soaring high ceilings, elegant outdoor lighting and a gas hookup ready for your barbecue. It's the perfect space to entertain guests or unwind outdoors, rain or shine, morning or night. The fully fenced backyard is professionally landscaped with concrete walkways, a sprinkler system with a dedicated zone for potted plants, an 8x10 wooden shed and additional covered patio space. Located in a quiet, family friendly neighborhood close to a brand new plaza with all the amenities you need, 1609 Blackwell Blvd offers the space, style and outdoor lifestyle today's buyers are looking for. Book your private showing today.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$820,000
Land Transfer Taxes$16,975
Legal Fees (Est.)
$
Total cash required for closing$223,475

Total Monthly Obligation

$5,130/mo
Mortgage $4,135
Monthly Loss $4,042
Principal$1,088
Interest$3,047
Property Tax$620
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.2%15
10-Year IRR
7.6%
Returns Index
8.8/ 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
$38,976/yr
NOI
$23,135/yr
Net Cash Flow
-$2,207/mo
Cash Margin
-67.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.2/ 100

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

Comparables

Properties near 1609 Blackwell Boulevard

Time

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Data last updated within the past 24 hours.