581 Plane Tree Drive, London North

$1,099,900
581 Plane Tree Drive

$1,099,900

New
2d
DetachedBungalow

581 Plane Tree Drive, London North

Total Monthly Obligation $5,710

Beds
4
Baths
3
Park
4
Sqft
2500-3000
DOM
2d
Score
17
Yield
4.7%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-X14103816
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-56.12 × 128.26 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Taxes-$10,779 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North R
Title-Residential Freehold

No agent assigned

Bright Custom Bungalow in Sunningdale Village on a Premium Lot Backing onto Forested Nature Trails with Excellent Access to University Hospital, Western University, Top Schools and Masonville Shopping. Open Concept Living with 2+2 Bedrooms, 3 Bathrooms, and Oversized Double Car Garage. Main Floor is 2732 Sq Ft (MPAC) Includes Cathedral Ceiling Office with Built-In Cabinetry, Large Master with 5 Piece Ensuite, Double Sinks, Dream Freestanding Jet Soaker Bathtub, Walk-In Shower that Leads to Your Private Walk-In Closet. Open Chef's Kitchen Leads to Large Living Room with Gas Fireplace, complete with Maid's Access to Separate Dining Room. The 2nd Bedroom on the Main Floor is Currently Used as a Sitting Room and can be Converted Back to a Bedroom as Part of Your Purchase. Separate Coffee Bar Area with Bar Fridge is Ideal for Entertaining. Main Floor Laundry and an Additional 3 Piece Bathroom. The Outdoor Covered (Muskoka Room!) Screened Patio is Perfect for Outside Entertaining and Accessing the Backyard from the Main Level. Lower Level has a Lot of Unique Spaces! 2 Additional Bedrooms and a 4 Piece Bathroom. Wine Making Room with Built-In Refrigeration, Door that Provides Garage Access to the Double Car Garage. Large Home Theatre Area with Double-Sided Gas Fireplace, Recreation Room with Access to Garden Room and Backyard. The Workshop Room is an Ideal Bonus area for all your many Projects. This House is a Must-See. Great Family Home for those Who Enjoy One-Floor Living! Bonus Natural Gas Back-Up Generator and Sprinkler Systems! Click on Video for Detailed View

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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$879,920
Land Transfer Taxes$18,473
Legal Fees (Est.)
$
Total cash required for closing$239,953

Total Monthly Obligation

$5,710/mo
Mortgage $4,437
Monthly Loss $4,542
Principal$1,168
Interest$3,269
Property Tax$898
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.3%25
10-Year IRR
9.3%
Returns Index
13.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$51,600/yr
NOI
$31,161/yr
Net Cash Flow
-$1,840/mo
Cash Margin
-42.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.9/ 100

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

Comparables

Properties near 581 Plane Tree Drive

Time

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