1583 Applerock Avenue, London North

$744,900
1583 Applerock Avenue

$744,900

New
9d
Detached2-Storey

1583 Applerock Avenue, London North

Total Monthly Obligation $3,852

HausQ Valuation Report
Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
9d
Score
18
Yield
4.7%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-X14033138
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-40.03 × 114.83 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$5,666 (2025)
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-60 DAY NOTICE TO TENANT
Neighbourhood-North S
Title-Residential Freehold

No agent assigned

Don't miss!!! Shows well!! High Demand location! Newer 3 bedroom 2 storey with double garage located in Northwest London. Great layout featuring an open concept main level. Large kitchen with lots of cabinets, pantry, island & eating area with door to deck & fenced backyard. Inside entry to large garage. Second level features a large master with a luxury ensuite with oversized shower, 2 additional bedrooms, 2nd full bathroom & laundry conveniently close to the bedrooms. The basement is unfinished & spacious with potential to add more living space. Large double driveway fits 4 cars & more. Convenient location close to all amenities.

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

Closing Costs

Mortgage Amount
$595,920
Land Transfer Taxes$11,373
Legal Fees (Est.)
$
Total cash required for closing$161,853

Total Monthly Obligation

$3,852/mo
Mortgage $3,005
Monthly Loss $3,061
Principal$791
Interest$2,214
Property Tax$472
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.5%26
10-Year IRR
9.4%
Returns Index
14.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$35,100/yr
NOI
$21,424/yr
Net Cash Flow
-$1,219/mo
Cash Margin
-41.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.7/ 100

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

Comparables

Properties near 1583 Applerock Avenue

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.