1030 CORONATION Drive Unit 605, London North

Price: $469,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12942752

Welcome to 1030 Coronation Drive, Unit 605, located in the highly desirable Hyde Park community; where comfort, style and convenience come together beautifully. Be impressed from the moment you arrive with an elegant main entrance featuring a stunning exterior water feature, leading into a grand foyer with soaring ceilings. This bright, open and thoughtfully designed unit offers a spacious open concept kitchen and living area, complete with a walkout to a large private balcony showcasing beautiful city views. The modern kitchen includes a generous pantry for ample storage, while a versatile den provides the perfect space for a home office, crafts or cozy reading nook. The primary bedroom features large windows, a walk-in closet and a private 3 piece ensuite, while the second bedroom offers a large window with city views. An additional full main bathroom adds convenience and both bedrooms are filled with natural light, creating a warm and inviting atmosphere. Additional highlights include an oversized laundry room with extra storage space, two owned parking spaces (one underground and one surface)_ and a dedicated storage locker. Residents enjoy access to premium building amenities including an exercise room, media room, billiards room, library and a private outdoor patio. Ideally located close to shopping, medical facilities and restaurants and just a short drive to Western University, this home is perfect for professionals, downsizers or investors alike. Pride of ownership is evident throughout this extremely well cared for home. Don't miss your change - schedule a private showing today and come see it for yourself!

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$469,000 - 1030 CORONATION Drive Unit 605, London North

Condo for Sale in London North

79 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12942752
Property Type
Condo
Status
active
Days on Site
79
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
London North
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

Welcome to 1030 Coronation Drive, Unit 605, located in the highly desirable Hyde Park community; where comfort, style and convenience come together beautifully. Be impressed from the moment you arrive with an elegant main entrance featuring a stunning exterior water feature, leading into a grand foyer with soaring ceilings. This bright, open and thoughtfully designed unit offers a spacious open concept kitchen and living area, complete with a walkout to a large private balcony showcasing beautiful city views. The modern kitchen includes a generous pantry for ample storage, while a versatile den provides the perfect space for a home office, crafts or cozy reading nook. The primary bedroom features large windows, a walk-in closet and a private 3 piece ensuite, while the second bedroom offers a large window with city views. An additional full main bathroom adds convenience and both bedrooms are filled with natural light, creating a warm and inviting atmosphere. Additional highlights include an oversized laundry room with extra storage space, two owned parking spaces (one underground and one surface)_ and a dedicated storage locker. Residents enjoy access to premium building amenities including an exercise room, media room, billiards room, library and a private outdoor patio. Ideally located close to shopping, medical facilities and restaurants and just a short drive to Western University, this home is perfect for professionals, downsizers or investors alike. Pride of ownership is evident throughout this extremely well cared for home. Don't miss your change - schedule a private showing today and come see it for yourself!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,406.21/mo

Includes CMHC insurance ($13,085)

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5-yr fixed avg.

Principal: $422,100Interest: $286,679
Mortgage Amount$435,185
Total Interest$286,679
Est. Property Tax$332/mo
Total Cost$721,864

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 605, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$332
Insurance (est.)-$98
Net Cash Flow+$1,310

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 $391/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 79 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.

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 605 | $469,000 | Battaglia Team