1061 Eagletrace Drive 83, London North

$499,900
1061 Eagletrace Drive 83

$499,900

New
18d
Condo Townhouse2-Storey

1061 Eagletrace Drive 83, London North

Total Monthly Obligation $2,782

Beds
3
Baths
3
Park
2
Sqft
1200-1399
DOM
18d
Score
22
Yield
6.0%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Condo Townhouse
MLS® Number-X13861670
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-6-10
Taxes-$3,906 (2026)
Maintenance-$240/mo
Locker-None
Parking-2 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER DAWNFLIGHT REALTY BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Possession-Flexible
Neighbourhood-North S
Title-Residential Condo & Other

No agent assigned

Welcome to this move-in-ready townhouse in the desirable Rembrandt Walk community of North London. Built in 2017, this meticulously maintained home offers a bright, seamless main floor featuring a modern kitchen with quartz countertops, an inviting eat-in dining area, and a spacious living room with access to a private deck, perfect for peaceful mornings or relaxing evenings. Upstairs, you'll find three generously sized bedrooms, including a comfortable primary suite complete with a walk-in closet and private 3-piece ensuite. With three bathrooms throughout the home, there's plenty of convenience for families and guests alike. The finished lower-level family room provides valuable additional living space and offers the flexibility to create a recreation room, play area, home office, or media space. An additional lower level provides bonus storage to help keep everything organized. Enjoy the convenience of two side-by-side parking spaces located directly in front of the unit. Ideally located close to schools, Western University, hospitals, shopping, parks, walking trails, and everyday amenities, this property is well suited to families, professionals, or investors looking for a well-maintained home in North London. Come take a look-and start packing!

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,782/mo
Mortgage $2,016
Monthly Loss $2,251
Principal$531
Interest$1,486
Property Tax$326
Condo Fees$240
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.1%43
10-Year IRR
11.5%
Returns Index
22.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$30,072/yr
NOI
$17,879/yr
Net Cash Flow
-$527/mo
Cash Margin
-21.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
29.5/ 100

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

Comparables

Properties near 1061 Eagletrace Drive 83

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.