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$929K · 4 bed Detached · North M, London North | MyPropertyScout

$929,000

850 Teakwood Lane

43OwnerOccupied

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⚡ Insider Deal

↓ $10,000Price Reduced

$929,000

F●●●○○DOM14days

850 Teakwood Lane

London North · Ontario N6H 0E5

MLS® X13438236 · North M · N6H 0E5

43OwnerOccupied2500-3000 ft²Detached2-car Attached14d$338/ft²Lot 69.5 x 127 ft$6,689 tax/yr

22% above market · 14 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Sought after North West area, close to University of Western Ontario and all highly ranked public and private schools. Close to Aquatic centre and other sporting hubs. Short drive to Masonville and Downtown. Walking distance to shopping, dining, banking and Costco. Teakwood Lane is a quiet street, not a busy thoroughfare with traffic speeding by. Immaculate 16 year old home has all essential inclusions with tons of space for a growing family or a multi generational situation. Plenty of options f…

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Property details

MLS#: X13438236
Status: Buy Now
Beds: 4
Baths: 3 full, 0 half
Size: 2500-3000
Style: 2-Storey
Type: Detached
Year built: —

Roof: Asphalt Shingle
Foundation: Poured Concrete

Garage: 2-car Attached
Garage spaces: 2
Parking: 6 total
Lot: 69.52 × 127
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick Front
Fronting on: North
Cross street: Beaverbrook / Roulston
Basement: Unfinished
Stories: —
Utilities: —
Laundry: —
Interior: Ventilation System
Parking features: Private

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Powder Room	1.8m × 1.37m
Main	Office	3.31m × 3.46m
Main	Living Room	4.24m × 2.86m
Main	Kitchen	4.46m × 2.95m
Main	Dining Room	4.68m × 2.68m
Main	Family Room	6.12m × 3.45m
Second	Primary Bedroom	10.75m × 6.65m
Second	Bathroom	3.03m × 2.45m
Second	Bedroom 2	6.87m × 3.46m
Second	Bedroom 3	5.82m × 5.13m
Second	Bedroom 4	3.73m × 3.44m
Second	Bathroom	3.3m × 2.29m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ICI SOURCE REAL ASSET SERVICES INC.

Source: TRREB/PROPTX · MLS® X13438236

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$929K

850 Teakwood Lane · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $929,000✓ $6,689 tax✓ Gas✓ 2500-3000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$7,116/mo

incl. closing costs (yr 1)

Annual total

$85,396

year 1

Mortgage only

$3,524/mo

principal + interest

Beyond mortgage

$1,879/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$185,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$557/mo

Utilities

Hydro / electricity$193/mo

≈ $0.07/ft² × ~2,750 ft² · ON avg ~$193/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$9,290/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$15,055

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)50% $42,292/yr

Property taxes25% $21,744/yr

Utilities6% $5,370/yr

Insurance & security2% $1,600/yr

Maintenance11% $9,290/yr

Closing costs6% $5,100/yr

Mortgage is 50% of your true cost of ownership. The other 50% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$42,292	$3,524/mo
Government & taxes
Property tax	$6,689	$557/mo
Land transfer tax(closing)	$15,055	$1,255/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$2,310	$193/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$9,290	$774/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$85,396	$7,116/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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850 Teakwood Lane

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs