400 Skyline Avenue 15, London North

$759,900
400 Skyline Avenue 15

$759,900

New
15d
Detached2-Storey

400 Skyline Avenue 15, London North

Total Monthly Obligation $3,990

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
15d
Score
21
Yield
5.7%
Cash on Cash
-0.4%
Cap Rate
4.5%
5Y IRR
15.2%
10Y IRR
14.3%
Property Type-Detached
MLS® Number-X13881716
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-29.76 × 147.3 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,600 (2026)
Parking-4 - Built-In
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block, Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-North B
Title-Residential Freehold

No agent assigned

RARE FIND IN NORTH LONDON'S PRESTIGIOUS UPLANDS COMMUNITY! Discover this beautifully and well maintained 2-storey, 2392 sqft detached home offering 4 spacious bedrooms, 3 baths, Rough in basement (framing) & an exceptionally large backyard-one of the largest in the development! Situated in a highly desirable family-friendly neighbourhood, this impressive home combines elegant design, generous living spaces & outstanding outdoor potential. A grand double-door entrance welcomes you into a bright foyer leading to a spectacular split-level living room featuring soaring ceilings, huge windows & 2 separate double-door walkouts to a charming front balcony the perfect place to enjoy your morning coffee or unwind while watching the sunset. The main floor boasts hardwood flooring, a spacious family room, formal dining room, convenient laundry & an inviting open-concept kitchen with centre island, stainless steel appliances, backsplash, ample cabinetry & sun-filled breakfast area with walkout to an elevated patio overlooking the huge pi shaped backyard. Recently completed landscaping enhances the property's curb appeal. The oversized backyard offers incredible space for entertaining, gardening, children's activities or a future swimming pool. Upstairs features 4 generously sized bedrooms, including a spacious primary retreat with walk-in closet & luxurious 5-pc ensuite featuring a soaker tub, double vanity & separate glass shower. The partially finished basement, professionally framed with large windows, provides excellent potential for a in law suite or additional living space. Ideally located near Jack Chambers Public School, St. Catherine of Siena, Masonville Mall, Western University, University Hospital, YMCA, parks, trails, shopping & transit!This property is a Vacant Land Condominium, allowing you to enjoy the privacy and ownership of a detached home while benefiting from a low monthly common element fee of $104.50, which covers common area maintenance and insurance.

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

Closing Costs

Mortgage Amount
$607,920
Land Transfer Taxes$11,673
Legal Fees (Est.)
$
Total cash required for closing$165,153

Total Monthly Obligation

$3,990/mo
Mortgage $3,065
Monthly Loss $3,184
Principal$807
Interest$2,259
Property Tax$550
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.3%2
5-Year IRR
11.5%46
10-Year IRR
11.8%
Returns Index
24.1/ 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
$43,548/yr
NOI
$28,093/yr
Net Cash Flow
-$724/mo
Cash Margin
-20.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7613
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
23.0/ 100

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

Comparables

Properties near 400 Skyline Avenue 15

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.