2231 Buroak Drive, London North

$749,000
2231 Buroak Drive

$749,000

New
4d
Detached2-Storey

2231 Buroak Drive, London North

Total Monthly Obligation $3,876

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
4d
Score
18
Yield
4.8%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X14094618
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-36.09 × 111.55 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$5,751.28 (2026)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-THE AGENCY
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-North S
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained detached home by Mapleton Homes, nestled in Fox Hollow, one of North London's most sought-after, family-friendly communities! Featuring a modern exterior and an impressive double-door main entrance, this home offers a wonderful blend of style, comfort, and functionality. The bright, open-concept main floor seamlessly connects the kitchen, dining area, and great room, creating an inviting space for everyday living and entertaining. Enjoy gleaming hardwood floors, elegant pot lighting, and a cozy gas fireplace. The chef-inspired kitchen features granite countertops, a large centre island, stainless steel appliances, and a walk-in pantry. The furnace was replaced in 2024. Additional features include a heat pump, water softener, and water purification system. Oak staircase railings lead upstairs to three well-sized bedrooms and two full bathrooms. The spacious primary retreat features a large walk-in closet and a spa-inspired ensuite complete with a jacuzzi tub, glass-enclosed walk-in shower, and double-sink vanity with granite countertops. The double-car garage also features built-in storage, providing valuable additional space for organization. The basement is equipped with a sump pump for added peace of mind. Ideally situated near neighbourhood parks, scenic walking trails, everyday amenities, and established schools, including Sir Arthur Currie Public School, reported to have an impressive 8.8/10 rating. Enjoy the convenience of a desirable school option within this sought-after North London community. Flexible possession available. A fantastic opportunity to own a beautiful family home in Fox Hollow - don't miss out!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$3,876/mo
Mortgage $3,021
Monthly Loss $3,080
Principal$795
Interest$2,226
Property Tax$479
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.1/ 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
$36,132/yr
NOI
$22,268/yr
Net Cash Flow
-$1,166/mo
Cash Margin
-38.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.8/ 100

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

Comparables

Properties near 2231 Buroak Drive

Time

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