159 Walmer Gardens, London North

$579,900
159 Walmer Gardens

$579,900

New
20d
Detached2-Storey

159 Walmer Gardens, London North

Total Monthly Obligation $3,037

Beds
3
Baths
3
Park
1
Sqft
700-1100
DOM
20d
Score
20
Yield
5.3%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X13866186
Beds-3
Bathrooms-3
Size-700-1100 sqft
Lot Size-35.88 × 100.27 ft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$3,874.47 (2025)
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-North K
Title-Residential Freehold

No agent assigned

Just Listed - 159 Walmer Gardens, North London. Welcome to this well-maintained 3-bedroom, 3-bathroom detached home in one of North London's most desirable neighbourhoods. Featuring a fully finished basement and a private fenced backyard, this home offers the perfect blend of comfort, space, and convenience. Additional highlights include central air conditioning, new interior doors, modern rocker light switches, updated light fixtures, shingles replaced in 2022, fresh interior paint (2024), and upgraded plywood subflooring, providing added quality, comfort, and peace of mind. Ideally located within walking distance of Western University, Costco, parks, excellent schools, shopping, and other major amenities, this property is perfect for first-time home buyers, small families, working professionals, or university students. Whether you're searching for your next home or an outstanding investment opportunity, this property truly checks all the boxes.

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

Closing Costs

Mortgage Amount
$463,920
Land Transfer Taxes$8,073
Legal Fees (Est.)
$
Total cash required for closing$125,553

Total Monthly Obligation

$3,037/mo
Mortgage $2,339
Monthly Loss $2,421
Principal$616
Interest$1,724
Property Tax$323
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.5/ 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
$30,924/yr
NOI
$19,457/yr
Net Cash Flow
-$718/mo
Cash Margin
-27.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
27.0/ 100

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

Comparables

Properties near 159 Walmer Gardens

Time

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Data last updated within the past 24 hours.