1600 Mickleborough Drive 68, London North

$454,900
1600 Mickleborough Drive 68

$454,900

New
9d
Condo Townhouse2-Storey

1600 Mickleborough Drive 68, London North

Total Monthly Obligation $2,765

Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
9d
Score
19
Yield
5.9%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Condo Townhouse
MLS® Number-X14030342
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,553.96 (2025)
Maintenance-$433.9/mo
Locker-None
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Aluminum Siding
Possession-90-120 DAYS
Neighbourhood-North I
Title-Residential Condo & Other

No agent assigned

Rare corner unit with garage! Welcome to this spacious townhome offering an exceptional single-family home alternative in a premium Northwest London location. Situated on a desirable end lot, this property is much larger than many of the other, garage-free units in the complex. Key highlights include an attached garage with secure inside entry, a full walk-out lower level, and two separate private outdoor living spaces. The open-concept main floor features a beautiful kitchen layout with granite counters, breakfast bar and dining area. New french patio doors directly off the kitchen lead to your private upper deck, creating a bright atmosphere and easy access for barbecues and outdoor dining. All appliances are included, making this home completely move-in ready. The floor plan provides excellent separation between the bedrooms. One floor features two generous bedrooms with deep closets and a full four-piece bathroom, ideal for family, guests, or a home office. An entire floor second is dedicated strictly to your primary bedroom retreat, featuring double closets and its own spacious ensuite bathroom. The finished lower level adds even more living space. This bright family room features large windows and a direct walk-out to your second private outdoor patio with grassy/garden area. Enjoy the convenience of having your own garage and parking space right at your door, offering safety and ease through all seasons. Ideally located in a beautifully landscaped Hyde Park community, you are minutes from Western University, University Hospital, Masonville Mall, , schools, parks, and steps to a major transit stop. With its spacious layout, beautiful finishes, garage, corner privacy, and two outdoor spaces, this property delivers unmatched comfort and value.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$363,920
Land Transfer Taxes$5,573
Legal Fees (Est.)
$
Total cash required for closing$98,053

Total Monthly Obligation

$2,765/mo
Mortgage $1,835
Monthly Loss $2,282
Principal$483
Interest$1,352
Property Tax$296
Condo Fees$434
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.7%27
10-Year IRR
9.7%
Returns Index
14.6/ 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
$27,012/yr
NOI
$13,150/yr
Net Cash Flow
-$739/mo
Cash Margin
-32.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
28.2/ 100

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

Comparables

Properties near 1600 Mickleborough Drive 68

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.