89 Mctaggart Court, London North

$699,900
89 Mctaggart Court

$699,900

New
22d
Detached2-Storey

89 Mctaggart Court, London North

Total Monthly Obligation $3,645

Beds
6
Baths
4
Park
4
Sqft
1500-2000
DOM
22d
Score
20
Yield
5.4%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X13847880
Beds-6
Bathrooms-4
Size-1500-2000 sqft
Lot Size-55 × 100 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,364 (2025)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-180 days
Neighbourhood-North C
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained two-storey home located on a quiet cul-de-sac in North London's sought-after Grenfell neighbourhood. Size: 1908+800sqft. Offering excellent curb appeal and a thoughtfully designed layout. The bright main floor features elegant living and dining rooms with fresh neutral décor and a spacious office, a living room complete with a cozy gas fireplace. The kitchen has been recently refreshed with a brand-new countertop & sink (2026), fresh paint (2026), new lights (2026), and updated appliances, creating a modern and inviting space for everyday living and entertaining. Patio doors lead from the eating area to a private backyard with a shed. Upstairs, you'll find 4 generously sized bedrooms, including a primary suite with a walk-in closet and a 4-piece ensuite. One bedroom features a striking cathedral ceiling. A convenient second-floor laundry closet adds to the home's practicality (newer washer & dryer). The fully finished basement offers excellent additional living space and includes 2 bedrooms, a full bathroom, and a spacious family room, ideal for an extended family, guests, or a private retreat. Recent updates include newer flooring (2017), making this a completely carpet-free home, freshly painted walls (2026) and new light fixtures on the main floor (2016), roof replaced in (2013), new bathroom (2025) and hot water tank (2022). Additional highlights include a double garage, levelled 4-car driveway, and premium shingles. Ideally located close to parks, a creek, top schools, shopping, and all North London amenities.

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,645/mo
Mortgage $2,823
Monthly Loss $2,902
Principal$743
Interest$2,080
Property Tax$447
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$37,584/yr
NOI
$23,962/yr
Net Cash Flow
-$826/mo
Cash Margin
-26.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
23.7/ 100

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

Comparables

Properties near 89 Mctaggart Court

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