1030 Coronation Drive Unit 101, London North

Price: $319,900

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13173128

Welcome to the best value in London! This spacious 1-bedroom suite offers a beautiful open-concept floor plan with an expansive chef's kitchen featuring a breakfast bar, lots of cabinet/counter space, combined dining and living area with fireplace, and a walk-out to your private patio where BBQs are permitted, perfect for relaxing or entertaining. Enjoy a generously sized bedroom, low-maintenance living, and access to exceptional resort-style amenities at The Northcliff including a fitness centre, theatre/media room, games room, library/lounge, party room, guest suite and ample visitor parking. Ideally located in highly sought-after Northwest London just minutes to Western University, University Hospital, Hyde Park shopping and dining, golf courses, parks, top-rated schools, recreation facilities, and easy access to Highways 401 & 402.

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$319,900 - 1030 Coronation Drive Unit 101, London North

Condo for Sale in London North

1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X13173128
Property Type
Condo
Status
active
Days on Site
24
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
London North
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Description

Welcome to the best value in London! This spacious 1-bedroom suite offers a beautiful open-concept floor plan with an expansive chef's kitchen featuring a breakfast bar, lots of cabinet/counter space, combined dining and living area with fireplace, and a walk-out to your private patio where BBQs are permitted, perfect for relaxing or entertaining. Enjoy a generously sized bedroom, low-maintenance living, and access to exceptional resort-style amenities at The Northcliff including a fitness centre, theatre/media room, games room, library/lounge, party room, guest suite and ample visitor parking. Ideally located in highly sought-after Northwest London just minutes to Western University, University Hospital, Hyde Park shopping and dining, golf courses, parks, top-rated schools, recreation facilities, and easy access to Highways 401 & 402.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,641.25/mo

Includes CMHC insurance ($8,925)

$
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5-yr fixed avg.

Principal: $287,910Interest: $195,541
Mortgage Amount$296,835
Total Interest$195,541
Est. Property Tax$227/mo
Total Cost$492,376

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

1030 Coronation Drive Unit 101, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$227
Insurance (est.)-$67
Net Cash Flow+$1,051

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 $457/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 24 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.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1030 Coronation Drive Unit 101 | $319,900 | Battaglia Team