763 Redoak Place, London North

$699,900
763 Redoak Place

$699,900

New
15d
Detached2-Storey

763 Redoak Place, London North

Total Monthly Obligation $3,669

Beds
4
Baths
4
Park
4
Sqft
1500-2000
DOM
15d
Score
19
Yield
5.0%
Cash on Cash
-3.4%
Cap Rate
3.8%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-X13876352
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-25.9 × 115.7 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,649 (2025)
Parking-6 - Attached
Basement-Development Potential, Full, Finished
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Natural Gas
Pool-Inground
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North M
Title-Residential Freehold

No agent assigned

Welcome to an exceptional family home tucked away on a quiet cul-de-sac in a great Oakridge location. Situated on a massive pie-shaped lot, this property blends generous living space with an entertainer's backyard designed to keep the entire family engaged. Arrival begins with a unique split-level foyer offering seamless interior access from the attached double-car garage directly into a functional mudroom zone before stepping up to the principal living areas. The open-concept main level is drenched in natural light and anchored by gleaming hardwood floors. The kitchen is perfectly appointed with wood cabinetry, durable granite countertops, and effortless sight lines across the living and dining areas. Off the living room, sliding glass doors lead out to an elevated second-storey deck-the ideal perch to overlook backyard activities while barbecuing. For quieter evenings, unwind in the spacious family room centered around a cozy natural gas fireplace.The upper level is thoughtfully configured for busy households. Two bright secondary bedrooms share a central 4-piece bath, while the primary suite provides a peaceful haven featuring a walk-through closet leading into a private 4-piece ensuite. Downstairs, the fully finished lower level delivers tremendous flexibility. Complete with both a 2-piece powder room and an additional 3-piece bath, this sprawling space easily functions as a teenager retreat, recreation room, home gym, or in-law suite. Outside, the fully fenced, mature-treed backyard is a private paradise. The pie-shaped grounds effortlessly accommodate an inground pool and dedicated hot tub area, while still preserving plenty of lush lawn for kids and pets to play. A large garden shed provides ample seasonal storage. Finished with a wide double drive accommodating four vehicles plus the two-car garage. Ideally situated just steps from Capulet Park, scenic walking trails, top schools, and prime 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

$3,669/mo
Mortgage $2,823
Monthly Loss $2,926
Principal$743
Interest$2,080
Property Tax$471
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.1/ 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
$35,148/yr
NOI
$21,484/yr
Net Cash Flow
-$1,033/mo
Cash Margin
-35.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.9/ 100

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

Comparables

Properties near 763 Redoak Place

Time

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