1205 North Wenige Drive, London North

$649,900
1205 North Wenige Drive

$649,900

New
4d
DetachedBungalow

1205 North Wenige Drive, London North

Total Monthly Obligation $3,398

Beds
4
Baths
3
Park
2
Sqft
1100-1500
DOM
4d
Score
20
Yield
5.3%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-X14096792
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-36.18 × 115.08 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$4,818.64 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North C
Title-Residential Freehold

No agent assigned

LOCATION! LOCATION! LOCATION! PRIME STONEY CREEK - NORTH LONDON!Welcome to this beautiful 2+2 bedroom, 3-bathroom home nestled in one of North London's most desirable neighbourhoods! An unbeatable location just steps from the Stoney Creek Community Centre, YMCA, public library, and Mother Teresa Catholic Secondary School, with shopping, restaurants, Sunripe, LCBO, Tim Hortons, and everyday essentials conveniently nearby. This well-maintained home offers an inviting and functional layout featuring two spacious bedrooms and two full bathrooms on the main floor. The bright, generously sized kitchen opens through patio doors to a sunny deck with desirable SOUTHERN EXPOSURE, overlooking a fully fenced backyard-ideal for relaxing or entertaining. The fully finished basement adds exceptional living space with two additional bedrooms, a full bathroom, and an impressively spacious family/recreation room, perfect for entertaining and family gatherings. Enjoy the convenience of living in a well-established, family-friendly community with excellent schools, recreational facilities, parks, and amenities right at your doorstep. A rare opportunity to enjoy spacious living in a PRIME NORTH LONDON LOCATION! Don't miss your chance to call this wonderful property home. Book your private showing today!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,398/mo
Mortgage $2,622
Monthly Loss $2,708
Principal$690
Interest$1,932
Property Tax$402
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.0%35
10-Year IRR
10.6%
Returns Index
18.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$34,188/yr
NOI
$21,451/yr
Net Cash Flow
-$834/mo
Cash Margin
-29.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
24.7/ 100

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

Comparables

Properties near 1205 North Wenige Drive

Time

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