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Investment signal

$659,000

456 RIPPLETON ROAD

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London North (North K). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Move-in ready 3-bedroom back split steps from Western University! This home features a stunning, modern kitchen and a bright, beautiful living room perfect for relaxing. Enjoy the convenience of a private carport and an unbeatable location within walking distance to Western University campus, University Hospital, University Height Public School, public transit and amenities. Ideal for families or an incredible investment opportunity. Terrific open kitchen/living/dining space ('17) with soft close cabinets, granite counters and stainless appliances. Private, treed, fully fenced garden. Furnace, central air and hot water tank ('15 ) Roof shingles ('17) (id:65958)

Subtype: Single Family
Structure: House
Community: North K
Common interest: Freehold
Lot dimensions: 50 x 100 FT
Bedrooms: 4 above grade
Parking: 2 total
On market: Apr 8, 2026
Status changed: Apr 18, 2026
Annual tax: $4,409 (2025)
Photos: 45
MLS#: X12882500
Area: LONDON_NORTH_(NORTH_K)

Features and systems

Parking

CarportCoveredNo Garage

Basement

FinishedN/A

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowaveWindow Coverings

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Unknown

Lot

Carpet Free

Negative cash flow ~$742/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.76%

Cap rate

3.51%

GRM

16.6

Break-even rent

$4,081

Financing

Down payment$131,800

Loan amount$527,200

Mortgage$2,671/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$302

Insurance$80

Maintenance$549

CapEx reserve$275

Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,671/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.