$485,000

For sale

#24 270 North Centre Road, London North (North R) - Single Family for Sale

#24 270 North Centre Road, London North (North R), Ontario, N6G5E2

3 beds2 baths2 parking1,500 ft²$445/mo condo feeListed 20 days ago

Overview

This 3-bedroom, 2-bathroom condo in London North is for sale offering roughly 1,500 sq ft of space. Listed at $485,000, it is attractively priced about 24% below the $639,900 median asking price in London North. It has been on the market 20 days, fresher than the London North average of 66 days.

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Description

Welcome to this beautiful, modern condo located in a highly desirable North London community! Ideally situated just minutes from major shopping areas, Western University, schools, and the hospital, this property is perfect for professionals, families, students, or anyone affiliated with Western University. Fully finished on all three levels, this impressive home features numerous upgrades, including stunning hardwood flooring throughout the main and upper levels, a luxurious Jacuzzi tub, a natural gas fireplace, elegant French doors, and modern designer colours. All appliances are included for your convenience. The spacious primary bedroom boasts hardwood flooring and a walk-in closet, while the large, private rear patio offers a peaceful outdoor retreat overlooking beautiful greenspace. Additional features include a private garage with convenient interior access and an automatic door opener. Located in an excellent condo community in one of North London's most sought-after areas, this home offers the perfect combination of modern style, comfort, convenience, and location. An exceptional opportunity in a fantastic neighbourhood! (id:66096)

Property Details

MLS®: X14088732
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,500 ft²
Style: Multi-level
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $445/mo
Fee Includes: Insurance
Ownership: Condo/Strata
Property Tax: $4,093/yr

Rooms

Main level

Loft: 5.94 x 3.65 meters
Dining room: 3.2 x 2.89 meters
Kitchen: 6.24 x 3.65 meters

Second level

Primary Bedroom: 4.87 x 3.65 meters
Bedroom: 4.57 x 2.89 meters
Bedroom: 3.65 x 2.89 meters

Lower level

Recreational, Games room: 5.94 x 5.48 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Garage door opener remote(s)
Exterior: Brick, Vinyl siding
Lot Features: Wooded area

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

London North (North R) listings, avg age

66d

Price / ft²

$323

List price

$485K

Haho

This 3-bed single family in London North (North R) has been listed for 20 days, which is 46 days fresher than the city average of 66. Act while there is still low competition.

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Listed by RE/MAX ADVANTAGE REALTY LTD. · COLLEEN MEILLER

Area context

Neighbourhood profile (N6G)

This home lists at $485,000, about 5.1× the local median household income of $96,000.

Carrying it typically needs a household income of about $94,737 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $96,000
Population: 50,940
Median age: 36.4
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N6G)

$485,000· $323/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,250

Min 5%50%

Mortgage payment$2,554/mo

↳ CMHC premium ($18,430 capitalized)

Property tax (est.)$341/mo

Condo fee$445/mo

Total monthly$3,341

Cash Needed to Close

Down payment (5%)$24,250

Land transfer tax$6,175

Est. closing costs$3,955

Total cash needed$34,380

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