1478 Glengarry Avenue, London North

$499,900
1478 Glengarry Avenue

$499,900

New
4d
DetachedSidesplit 4

1478 Glengarry Avenue, London North

Total Monthly Obligation $2,723

HausQ Valuation Report
Beds
4
Baths
2
Park
4
Sqft
700-1100
DOM
4d
Score
23
Yield
6.2%
Cash on Cash
1.5%
Cap Rate
4.9%
5Y IRR
16.8%
10Y IRR
15.6%
Property Type-Detached
MLS® Number-X14092258
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 120 ft
Listed on site-Oct 19, 2026
Style-Sidesplit 4
Building Type-Detached
Age-51-99
Taxes-$3,973 (2025)
Parking-5 - Detached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-QUICK POSSIBLE
Neighbourhood-North H
Title-Residential Freehold

No agent assigned

DON'T MISS!!! High Demand North London! Detached garage! Spacious all brick 4 level sidesplit with great curb appeal & situated on a large 60' x 120' lot. Tree lined street in a sought after family neighbourhood. 3 levels finished- approximately 1500 sq ft of living space, 4 bedrooms, 2 bathrooms, formal living room, large kitchen with eating area, spacious family room with large windows. Lower level features a 2nd kitchen & lots of storage space. Exterior features a large front porch, detached garage, lots of parking in the stamped concrete driveway, good sized fenced backyard with shed, low maintenance exterior-mainly brick, aluminum eaves/soffits/fascia, vinyl windows. Requires some cosmetic updates, reflected in the price & a great opportunity to build equity in a High Demand location. Quick possession possible. Elderly seller- Property being sold in as is condition.

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$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,723/mo
Mortgage $2,016
Monthly Loss $2,192
Principal$531
Interest$1,486
Property Tax$331
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.5%3
5-Year IRR
12.1%51
10-Year IRR
12.3%
Returns Index
26.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$30,924/yr
NOI
$19,359/yr
Net Cash Flow
-$403/mo
Cash Margin
-15.6%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
30.8/ 100

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

Comparables

Properties near 1478 Glengarry 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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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.