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850 Teakwood Lane

London North, N6H 0E5·MLS® X13438236·

Listing courtesy of Ici Source Real Asset Services INC.·Updated 14 hours ago

For sale
1 / 32
4Beds
3Baths
2,500-3,000Sqft
Year Built

Listing price

$929,000

Est. $4,425/mo

Days on market

2

Listed Jun 12, 2026

Description

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 for space usage, dedicated office or art studio and formal dining is currently used as a second work space. Kitchen boasts lovely upgraded wood cabinetry (floor to ceiling) Enjoy the serene window out to treed back yard and natural stone two level patio. New fridge and dishwasher. Family room, dining and kitchen are open concept for great entertaining. Upstairs there are 4 bedrooms. Large principle with cozy reading or TV nook in addition to large walk in shower in ensuite. Second room is large enough for 2 full beds and has 2 double doored closets. Third room has a large walk in closet. Fourth room overlooks backyard. Laundry room with brand new washer and dryer is on upper level. The basement is untouched, waiting for the new owners plans; recreation, gym, or perhaps rental income. The large premium lot is 70 feet wide by 127 feet deep. Driveway easily holds 4 cars plus 2 car garage with auto door openers. Perfect for a family that loves the area but needs a larger home. *For Additional Property Details Click The Brochure Icon Below*

Property details

Garage

2 car Attached

Basement

Unfinished

Parking

6 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$891,840Below Market
$836,100$947,580

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Talbot Village

London North, ON

Southwest neighbourhood with a mix of housing styles anchored by Colonel Talbot Road.

Monthly payment estimate

Mortgage (5.24%, 25yr)$4,425
Property tax$1,006
Insurance (est.)$194
Utilities (est.)$250
Total monthly$5,875

Land transfer tax

Ontario LTT

$15,055

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 12, 2026Listed
$929,000

Sold comparables nearby

456 Rippleton Road, London NorthSold

$626,000

456 Rippleton Road, London North

4 bd·2 ba·700-1,100 sqft
937 Luxton Drive, London NorthSold

$665,000

937 Luxton Drive, London North

3 bd·3 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · North M

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$3,716

Rental yield

4.8%

Est. cash flow

-$2,159

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$220,313

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$891,840

Below Market

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