850 Teakwood Lane
London North, N6H 0E5·MLS® X13438236·
Listing courtesy of Ici Source Real Asset Services INC.·Updated 14 hours ago
Listing price
$929,000
Est. $4,425/mo
Days on market
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
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London North, ON
Southwest neighbourhood with a mix of housing styles anchored by Colonel Talbot Road.
Monthly payment estimate
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
Sold comparables nearby
Sold$626,000
456 Rippleton Road, London North
Sold$665,000
937 Luxton Drive, London North
See all 10 comparables
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Market conditions · North M
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
Affordability
Minimum household income required
$220,313
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$891,840
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