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1970 Mallard Road, London North, ON N6H 5L8

Industrial
$3,250,000

Well maintained, Owner occupied light industrial building in the well sought after Hyde Park area of Northwest London. This facility of just under 14,000sf has 7 individual units ranging in various sizes with an Owner occupied portion of approximately 4,500sf. The metal clad building has been well maintained with steel roof and all units in good shape with long term tenants. Ample parking with more land available for storage or building expansion. 6 units with loading, garage style doors. All units individually heated and with own power supplies. This is a must see building perfect for owner occupied or investor.

MLS number
X13421080
Type
Industrial
Status
Active
Bedrooms
Bathrooms
7
Postal code
N6H 5L8
Photos
7
Property tax
$21,515 / year
97days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St. Gabriel Catholic Elementary School Catholic Elementary School
London District Catholic School Board
Elementary1.4 km8.1 / 10
81% met the standard
St. Andre Bessette Secondary School
London District Catholic School Board
Secondary1.4 km8.0 / 10
80% met the standard · 2 of 6 measures
Northwest Public School
Thames Valley DSB
Elementary1.9 kmNot reported
St Marguerite d'Youville School
London District Catholic School Board
Elementary1.7 km6.9 / 10
69% met the standard
MAC Al-Furqan Quran School - LondonElementary2.4 kmNot reported
Sir Arthur Currie Public School
Thames Valley DSB
Elementary2.4 km8.5 / 10
85% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 312 people.

$141,000Median household income
81%Own their home
90.5%Detached houses
47.6Median age
23.2%Born outside Canada
32.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390731 — the few blocks around this address, home to 312 people. It describes the area, not this property.

312Population
42.4Average age
2.9Household size
$158,000Average household income
$141,000Median household income
81%Own their home
19%Rent
10%Condominiums
23%Born outside Canada
33%University degree
$960,000Average home value
7%Low income
64%Not in the labour force
29%Never married
$50,000 to $59,9993%
$60,000 to $69,9996%
$70,000 to $79,9993%
$80,000 to $89,9993%
$100,000 and over42%
$100,000 to $124,9996%
$125,000 to $149,9996%
$150,000 to $199,99912%
$200,000 and over18%

Percentages are of the 165 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$650,000 · minimum here is $650,000
$14,390.30per month
Borrowed before insurance$2,600,000
Total borrowed$2,600,000
Interest over 25 years at 4.5%$1,717,089

If you rented it out

-$16,183.21per month out of pocket
Rent$0.00
Everything it costs to hold$16,183.21
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ROYAL LEPAGE TRILAND REALTY. Listing data provided by the Toronto Regional Real Estate Board.