1827 Bloom Crescent, London North

$610,000
1827 Bloom Crescent

$610,000

New
8d
Detached2-Storey

1827 Bloom Crescent, London North

Total Monthly Obligation $3,201

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
8d
Score
19
Yield
5.0%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X14084368
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-29.6 × 103.59 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$4,386.86 (2026)
Parking-3 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North C
Title-Residential Freehold

No agent assigned

Beautiful Family Home in Desirable Stoney Creek, North London!A beautiful and well-cared-for home featuring 3 good-sized bedrooms, situated on a quiet crescent in the highly desirable Stoney Creek neighborhood of North London. The main floor features an open-concept layout, with the kitchen overlooking the bright living room with plenty of natural light, as well as the dining area. Sliding doors lead to a fully fenced backyard , creating the perfect space to relax, entertain, and enjoy BBQs. Upstairs, you'll find a bright, oversized primary bedroom with a spacious semi-ensuite bathroom and his-and-hers closets, along with two additional well-sized bedrooms. The lower level features an unfinished basement with a rough-in for an additional bathroom, offering plenty of potential to customize the space to suit your family's needs. The property also includes a single-car garage and a long driveway with parking for two vehicles. Excellent Family-Friendly Location! Conveniently located close to Stoney Creek Public School, the YMCA, public library, parks, walking trails, public transit, shopping, and other everyday amenities. Exciting New School and Childcare Development Nearby! St. Luke Catholic Elementary School, located at 1750 Stackhouse Avenue in Northeast London, is under construction, with completion anticipated for Fall 2027.Recent Updates and Improvements* Newer roof (2019)* Newer windows/glass (2018-2021)* New laminate flooring throughout the second floor, including the stairs (2018)* New tile flooring in the kitchen, dining room, and bathrooms (2021)* New stove (2022)* New double-sized single-bowl sink and faucet (2022)* New quartz kitchen countertop (2022)With its functional layout, private fenced backyard, valuable updates, and convenient access to schools, recreation, and neighborhood amenities, this home is a wonderful opportunity for families looking to settle in a sought-after North London community. A must-see property-don't miss out!

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Closing Costs

Mortgage Amount
$488,000
Land Transfer Taxes$8,675
Legal Fees (Est.)
$
Total cash required for closing$132,175

Total Monthly Obligation

$3,201/mo
Mortgage $2,461
Monthly Loss $2,554
Principal$647
Interest$1,813
Property Tax$366
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%30
10-Year IRR
9.9%
Returns Index
16.0/ 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
$30,588/yr
NOI
$18,642/yr
Net Cash Flow
-$907/mo
Cash Margin
-35.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.4/ 100

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

Comparables

Properties near 1827 Bloom Crescent

Time

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