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Listed 25 days ago

850 Teakwood Lane

North M, London North

$769,900

Detached|2-Storey
4 | 3 | 6
About this home

Welcome to 850 Teakwood Lane, a spacious and beautifully maintained family home situated on an impressive nearly 70' x 127' lot in desirable Northwest London. Offering approximately 2,750 sq. ft. of above-grade living space, this 4-bedroom, 3-bathroom home provides an exceptional amount of room for growing families, multi-generational living, or those looking for flexible work-from-home space. The main level features a bright and functional layout with a dedicated office, living room, and an open-concept kitchen, dining and family room designed for everyday living and entertaining. The kitchen offers upgraded floor-to-ceiling wood cabinetry, generous workspace and views of the treed backyard, with a new refrigerator and dishwasher adding everyday convenience. Step outside to enjoy the private backyard and two-level natural stone patio - an inviting setting for relaxing or entertaining. Upstairs, you'll find four generously sized bedrooms, including an expansive primary retreat with a separate sitting nook and ensuite featuring a large walk-in shower. The additional bedrooms offer excellent closet space, while the conveniently located upper-level laundry room includes a brand-new washer and dryer. The unfinished basement offers plenty of additional space and the opportunity to customize it to suit your needs, whether you envision a recreation room, home gym, additional living space or storage. Outside, the wide driveway accommodates four vehicles in addition to the attached double-car garage. Located on a quiet residential street close to Western University, schools, shopping, dining, Costco, the Canada Games Aquatic Centre, Masonville and downtown London, 850 Teakwood Lane combines space, versatility and convenience in a sought-after Northwest London neighbourhood.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,689
Lot Size69.52 ft x 127 ft
mls© NumberX13827964
Listed BySUTTON GROUP CHAPMAN REALTY INC.

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,941
Property tax
$557
Heat allowance
$150
Housing costs
$4,648 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $153,980
25-yr amortization

Income needed

$143,000

gross annual household income

Payment at 4%
$3,240 / mo
Cash down
$153,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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