850 Teakwood Lane, London North

$769,900
850 Teakwood Lane

$769,900

New
28d
Detached2-Storey

850 Teakwood Lane, London North

Total Monthly Obligation $4,038

Beds
4
Baths
3
Park
4
Sqft
2500-3000
DOM
28d
Score
19
Yield
5.3%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-X13827964
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-69.52 × 127 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,688.81 (2025)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP CHAPMAN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-North M
Title-Residential Freehold

No agent assigned

Welcome to 850 Teakwood Lane, a spacious and beautifully maintained family home situated on an impressive nearly 70' x 127' lot in desirable Northwest London. Offering approximately 2,750 sq. ft. of above-grade living space, this 4-bedroom, 3-bathroom home provides an exceptional amount of room for growing families, multi-generational living, or those looking for flexible work-from-home space. The main level features a bright and functional layout with a dedicated office, living room, and an open-concept kitchen, dining and family room designed for everyday living and entertaining. The kitchen offers upgraded floor-to-ceiling wood cabinetry, generous workspace and views of the treed backyard, with a new refrigerator and dishwasher adding everyday convenience. Step outside to enjoy the private backyard and two-level natural stone patio - an inviting setting for relaxing or entertaining. Upstairs, you'll find four generously sized bedrooms, including an expansive primary retreat with a separate sitting nook and ensuite featuring a large walk-in shower. The additional bedrooms offer excellent closet space, while the conveniently located upper-level laundry room includes a brand-new washer and dryer. The unfinished basement offers plenty of additional space and the opportunity to customize it to suit your needs, whether you envision a recreation room, home gym, additional living space or storage. Outside, the wide driveway accommodates four vehicles in addition to the attached double-car garage. Located on a quiet residential street close to Western University, schools, shopping, dining, Costco, the Canada Games Aquatic Centre, Masonville and downtown London, 850 Teakwood Lane combines space, versatility and convenience in a sought-after Northwest London neighbourhood.

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

Closing Costs

Mortgage Amount
$615,920
Land Transfer Taxes$11,873
Legal Fees (Est.)
$
Total cash required for closing$167,353

Total Monthly Obligation

$4,038/mo
Mortgage $3,106
Monthly Loss $3,221
Principal$817
Interest$2,288
Property Tax$557
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$40,788/yr
NOI
$25,520/yr
Net Cash Flow
-$979/mo
Cash Margin
-28.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.8/ 100

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

Comparables

Properties near 850 Teakwood Lane

Time

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