$1,199,999 - 1018 LOFT Court, London North
New Construction for Sale in London North
31 days on market- MLS Number
- X13141844
- Property Type
- New Construction
- Status
- active
- Days on Site
- 31
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Welcome to 1018 Loft Court in the sought-after Foxfield community of London. Backing onto protected woods, this impressive 5-bedroom (3 + 2), 3.5-bath executive property, built by Reid Homes in 2012, offers an estimated 4,495 sq ft of finished living space, a backyard oasis with an inground pool, and the privacy families crave but rarely find in the city.The main and second floors feature hardwood and tile flooring, refinished hardwood floors (2025), fresh paint, quartz and granite countertops, custom window coverings, and a spacious, open-concept layout designed for everyday living and entertaining.Aside from the incredible backyard, what sets this property apart from the competition? It also features an oversized loft area providing exceptional bonus space for a home office, games room, studio, or teen retreat, complete with its own split-unit HVAC system (2026).The fully finished basement offers excellent flexibility for multigenerational living, teens, guests, or a future self-contained suite setup.Outside, enjoy extensive hardscaping, including a concrete driveway, interlock walkways, stone landscaping, in-ground sprinklers, permanent outdoor lighting, updated privacy fencing (2023), and a stunning pool set among mature trees. Close to top-rated schools, shopping, nature trails, and Sunningdale Golf & Country Club, this rare opportunity offers a private family home in one of North London's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$5,308.00/mo
5-yr fixed avg.
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.
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
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.
1018 LOFT Court, London North
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $400/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.
Market Position
At 31 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London North.
Bathroom Count Matters
With 4 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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.