1 St. John's Drive Unit 9, London North

Price: $698,000

4 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12908068

Where country serenity meets city convenience. Welcome to King's Gate on the Park, nestled in the sought-after Arva enclave. This updated end unit offers 2+2 bedroom, 3-bathroom bungalow townhome offers effortless one-floor living, within steps to the scenic greenery of Weldon Park. Designed with both style and practicality in mind, the main level features hardwood floors, tray ceilings, main-floor laundry, and a versatile den that can be enclosed for a second bedroom. The open-concept living space is warmed by a cozy gas fireplace and flows seamlessly into the updated kitchen-complete with quartz countertops, stainless steel appliances and a breakfast bar overlooking a bright, sun-filled dinette. Step out onto the west-facing deck to enjoy sunset views. The primary suite offers a spacious walk-in closet and a private 4-piece ensuite. The fully finished lower level extends your living space with two generously sized bedrooms, a 3-piece bath and a large family room-perfect for a home theatre, games area or entertaining. New carpeting (2026) adds comfort to the family room and one of the bedrooms. Roofs replaced 2025. Enjoy the benefits of Arva's lower property taxes and modest condo fees, all just minutes from Masonville Mall, University Hospital and Western University.

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$698,000 - 1 St. John's Drive Unit 9, London North

Condo for Sale in London North

88 days on market
4Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12908068
Property Type
Condo
Status
active
Days on Site
88
Bedrooms
4
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
London North
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
KELLER WILLIAMS LIFESTYLES
Description

Where country serenity meets city convenience. Welcome to King's Gate on the Park, nestled in the sought-after Arva enclave. This updated end unit offers 2+2 bedroom, 3-bathroom bungalow townhome offers effortless one-floor living, within steps to the scenic greenery of Weldon Park. Designed with both style and practicality in mind, the main level features hardwood floors, tray ceilings, main-floor laundry, and a versatile den that can be enclosed for a second bedroom. The open-concept living space is warmed by a cozy gas fireplace and flows seamlessly into the updated kitchen-complete with quartz countertops, stainless steel appliances and a breakfast bar overlooking a bright, sun-filled dinette. Step out onto the west-facing deck to enjoy sunset views. The primary suite offers a spacious walk-in closet and a private 4-piece ensuite. The fully finished lower level extends your living space with two generously sized bedrooms, a 3-piece bath and a large family room-perfect for a home theatre, games area or entertaining. New carpeting (2026) adds comfort to the family room and one of the bedrooms. Roofs replaced 2025. Enjoy the benefits of Arva's lower property taxes and modest condo fees, all just minutes from Masonville Mall, University Hospital and Western University.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,581.10/mo

Includes CMHC insurance ($19,474)

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5-yr fixed avg.

Principal: $628,200Interest: $426,656
Mortgage Amount$647,674
Total Interest$426,656
Est. Property Tax$494/mo
Total Cost$1,074,331

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: London North

Discover London North

London North is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in London North

  • Convenient location in London North
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

London North offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 St. John's Drive Unit 9, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$494
Insurance (est.)-$145
Net Cash Flow+$1,901

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $582/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 88 days on site, this property has exceeded the typical selling timeline for London North. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London North. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: London North properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,908 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1 St. John's Drive Unit 9, London North | $698,000 | Battaglia Team