140 McGarrell Drive 4, London North

$739,900
140 McGarrell Drive 4

$739,900

New
30d
Condo TownhouseBungalow

140 McGarrell Drive 4, London North

Total Monthly Obligation $4,317

Bed+Den
3+1
Baths
3
Park
2
Sqft
1600-1799
DOM
30d
Score
15
Yield
4.4%
Cash on Cash
-10.2%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Condo Townhouse
MLS® Number-X13817232
Bed+Den-3+1
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Sep 23, 2026
Style-Bungalow
Building Type-Condo Townhouse
Age-16-30
Taxes-$5,666 (2025)
Maintenance-$660/mo
Locker-None
Parking-4 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-North R
Title-Residential Condo & Other

No agent assigned

Nestled within the prestigious Villa Ridge community, is this luxury condo. Preferred end unit with 1740 sqft on the main plus huge sunroom and 852 sqft finished lower. Step through the door and be greeted by soaring 9ft ceilings adorned with elegant crown moulding. The generous foyer unfolds into an open concept living and dining area, where a wall of windows bathes the space in natural light. The glow of the gas fireplace adds a touch of warmth to the rich hardwood floors. The light-drenched kitchen boasts sleek stainless steel appliances, a built-in microwave, and a pantry. Granite countertops and a modern backsplash reflect the morning sun, while the breakfast area has serene views of the sunroom. The rare enclosed sunroom, a jewel of the home, invites you to revel in the beauty of all four seasons. Retreat to the airy primary bedroom, a haven complete with an ensuite and walk-in closet. The second bedroom, spacious and inviting, sits adjacent to a full bathroom, ensuring comfort for family and guests alike. Descend to the lower level, where a vast recreation room awaits your personal touch. A bonus room, additional bedroom, and utility room offer endless possibilities, complemented by the convenience of a bathroom. The practicality of a double car garage with inside entry to the main level laundry room cannot be overstated, making daily chores a breeze.Located on a serene cul de sac in North London, this home is a stone's throw from amenities: dine at nearby restaurants, stroll through parks, tee off at golf courses, shop at Masonville Place, and enjoy the proximity to Western University and University Hospital. Don't let this opportunity slip away your luxury condo at Villa Ridge awaits.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$591,920
Land Transfer Taxes$11,273
Legal Fees (Est.)
$
Total cash required for closing$160,753

Total Monthly Obligation

$4,317/mo
Mortgage $2,985
Monthly Loss $3,531
Principal$785
Interest$2,199
Property Tax$472
Condo Fees$660
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-13.9%0
5-Year IRR
4.9%11
10-Year IRR
6.8%
Returns Index
6.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$32,904/yr
NOI
$13,628/yr
Net Cash Flow
-$1,849/mo
Cash Margin
-67.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
18.9/ 100

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

Comparables

Properties near 140 McGarrell Drive 4

Time

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