128 Mount Pleasant Avenue, London North

$549,900
128 Mount Pleasant Avenue

$549,900

New
8d
Detached2-Storey

128 Mount Pleasant Avenue, London North

Total Monthly Obligation $2,923

Beds
5
Baths
2
Park
4
Sqft
1100-1500
DOM
8d
Score
22
Yield
5.9%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-X14100400
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-37.5 × 188 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$3,956 (2025)
Parking-5 - Detached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-SAKER REALTY CORPORATION
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Stucco (Plaster)
Roof-Fibreglass Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-North N
Title-Residential Freehold

No agent assigned

Don't judge a book by its cover-this home is full of surprises! Step inside and discover an incredible amount of space, offering 4 bedrooms plus the potential for a 5th bedroom in the lower level, along with 2 full bathrooms. Perfect for a growing family, university students, or investors looking for a fantastic opportunity in a prime location! Enjoy the convenience of being just a short stroll from downtown London's restaurants, shops, nightlife, and concerts at Canada Life Place. Explore the scenic walking and biking trails along the Thames River, or take a quick bike ride to Western University. Inside, the home has been extensively updated, including the roof, windows, furnace, kitchen, bathrooms, and much more, offering modern comfort and peace of mind. The outdoor space is equally impressive, featuring a beautiful stamped concrete driveway with parking for up to 4 vehicles, extending into a spacious stamped concrete patio at the rear of the home-perfect for entertaining! The large, private, fully fenced backyard provides plenty of room to relax and enjoy, while the detached single-car garage adds even more convenience. More space than meets the eye, an unbeatable location, and updates throughout-this is one home you truly need to see in person to appreciate!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,923/mo
Mortgage $2,218
Monthly Loss $2,339
Principal$584
Interest$1,634
Property Tax$330
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.8%2
5-Year IRR
11.9%49
10-Year IRR
12.1%
Returns Index
25.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$32,676/yr
NOI
$20,952/yr
Net Cash Flow
-$472/mo
Cash Margin
-17.3%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
29.1/ 100

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

Comparables

Properties near 128 Mount Pleasant 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.