850 Teakwood Lane
North M, London North, Ontario N6H 0E5
- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 2,500–3,000sq ft
- Per sq ft
- $280at the range’s middle
- Lot
- 69.52 x 127 ft
- Tax a year
- $6,6892025 tax year
- Parking
- 62 attached
- Days on market
- Members
The brief
About 850 Teakwood Lane
850 Teakwood Lane is a 4-bedroom, 3-bathroom detached house in North M, London North, listed for sale at an asking price of $769,900 (MLS® X13827964).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall30/100−$1,220/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 7 homes with 4 bedrooms for lease in North M right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,689 / 2025
- MLS® number
- X13827964
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 69.52 x 127 ft
- Listed on
- Parking
- 2 Attached, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- North M
- Municipality
- London North
Building
- Size
- 2500-3000 sqft
- Construction
- Vinyl Siding
Inside
- Bedrooms
- 4
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc, 2 × 4pc
- Basement Type
- Unfinished
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 69.52 ft
- Depth
- 127 ft
- Lot Size
- 69.52 x 127 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Refrigerator, Stove, Dishwasher, Washer & Dryer, Window Coverings.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Room 1 | 0.0 × 0.0 m | — | — |
| Room 2 | 0.0 × 0.0 m | — | — |
| Room 3 | 0.0 × 0.0 m | — | — |
| Room 4 | 0.0 × 0.0 m | — | — |
| Room 5 | 0.0 × 0.0 m | — | — |
Listing history
Buy/sell history for 850 Teakwood Lane, London North, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $769,900 | N/A | For Sale | X13827964 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $153,980
- Total mortgage amount
- $615,920
- Total interest payment
- $437,980
- Total purchase cost
- $1,207,880
- Mortgage payment
- $3,513/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
48%Monthly carrying cost
$4,070- Rent $2,850
- Shortfall $1,220
Rental income opens at $2,850, the median asking rent of 7 comparable homes for lease in North M. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $11,873
- Total land transfer tax
- $11,873
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $7,873
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $769,900
- $7,398
- Ontario total
- $11,873
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Street frontage
- 69.52 ft21.2 m
- Depth
- 127 ft38.7 m
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 22.1 m.250 m
- Groundwater recorded about 12.8 m below ground nearbyThe middle water level in the well records within 500 m (4 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home2
- Nearest rail line: 400 m400 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Corporation of the City of London — Greenway Pollution Control Centre, 2.7 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Execulink, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, TekSavvy, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in North M right now
- For sale now
- 23
- Median asking price
- $730K
- New in 7 days
- 1
- Price cuts
- 39%
Middle half: $680K to $800K
10 in 28 days
9 listings
This home is asking 5% above the median.
See all homes in North MAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Wilfrid Jury Public SchoolThames Valley DSB | Public · grades JK–8 | 900 m | 62%Grade 6 average |
| Clara Brenton Public SchoolThames Valley DSB | Public · grades JK–8 | 1.1 km | 85%Grade 6 average |
| St Paul Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.5 km | 87%Grade 6 average |
| École élémentaire Marie-CurieConseil scolaire Viamonde | French-language public · grades JK–6 | 2.3 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1.4 km | 64%Grade 9 math |
| Sir Frederick Banting Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1.5 km | 55%Grade 9 math |
| St Thomas Aquinas Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 3.1 km | 64%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 6.9 km | 57%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in North M are shown to signed-in members.
