185 North Centre Road 4, London North

$529,999
185 North Centre Road 4

$529,999

New
16d
Condo Townhouse2-Storey

185 North Centre Road 4, London North

Total Monthly Obligation $3,073

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
16d
Score
21
Yield
6.2%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.7%
Property Type-Condo Townhouse
MLS® Number-X13875722
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,940 (2025)
Maintenance-$407/mo
Locker-None
Parking-2 - Attached
Basement-Other
Heating-Other (Other)
Brokerage-THE AGENCY REAL ESTATE
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Immediate
Neighbourhood-North B
Title-Residential Condo & Other

No agent assigned

Looking for an affordable, bright, and spacious condo in a prime North London location. This move-in-ready 3-bedroom, 2.5-bath home is ideally situated beside Masonville Mall and just minutes from Western University, with shopping, restaurants, theatres, and everyday amenities only steps away. The functional layout features a formal dining room, an eat-in kitchen, and as un-filled living room with a cozy gas fireplace and large windows. Patio doors off the kitchen lead to a private rear deck, while upstairs you'll find a generous primary bedroom with a walk-in closet and 4-piece ensuite, two additional bedrooms, a full bath, and convenient upper-level laundry. The finished lower-level recreation room offers high ceilings, great natural light, and ample storage with built-in shelving. California shutters enhance most windows, all appliances are included.

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

Closing Costs

Mortgage Amount
$423,999
Land Transfer Taxes$7,075
Legal Fees (Est.)
$
Total cash required for closing$114,575

Total Monthly Obligation

$3,073/mo
Mortgage $2,138
Monthly Loss $2,511
Principal$563
Interest$1,575
Property Tax$328
Condo Fees$407
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.9%42
10-Year IRR
11.4%
Returns Index
21.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$33,120/yr
NOI
$18,584/yr
Net Cash Flow
-$589/mo
Cash Margin
-21.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
27.1/ 100

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

Comparables

Properties near 185 North Centre Road 4

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.

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Data last updated within the past 24 hours.