$978,821 - 1061 Eagletrace Drive Unit 1, London North
Detached for Sale in London North
98 days on market- MLS Number
- X12879234
- Property Type
- Detached
- Status
- active
- Days on Site
- 98
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- THRIVE REALTY GROUP INC.
Welcome to Rembrandt Walk, a prestigious Vacant Land Condo Community by Rembrandt Homes, where luxury living meets low-maintenance convenience. This beautiful "Gallery" Model Home is move-in ready and offers the perfect balance of detached home ownership with the ease of condo living. As a Vacant Land Condo, you enjoy the freedom of a detached home - including the ability to fence your yard - while low monthly fees take care of lawn care and snow removal, allowing you to spend more time enjoying a carefree lifestyle. This executive bungaloft features a thoughtfully designed floor plan with high-end finishes throughout. The open-concept main floor showcases a chef's kitchen with premium appliances, a formal dining area, and a spacious living room highlighted by a cathedral ceiling and cozy gas fireplace. Step outside to the large covered deck, an ideal space for relaxing or entertaining. The main level also features a luxurious primary suite complete with a spa-inspired 5-piece ensuite. Upstairs, the versatile loft level offers the perfect space for a media room, guest bedroom, and a 4-piece bathroom. The fully finished lower level expands your living space with a cozy recreation room, fourth bedroom, 3-piece bath, and ample storage. This home is truly move-in ready, complete with all appliances and custom window coverings. Condo fees include exterior grounds maintenance for both front and rear yards, providing true maintenance-free living. Ideally located just minutes from shopping, Masonville Mall, Sunningdale Golf Club, Western University, and University Hospital, this home perfectly blends elegance, comfort, and convenience. Listing price reflects the Enhanced HST Credit as proposed by the federal and provincial governments, subject to purchaser qualification. Pricing may be adjusted based on eligibility. Call for a Private Tour or visit during Model Home Hours: Monday-Thursday 1-5 PM | Saturday-Sunday 1-4 PM (Closed Fridays).
Estimate your monthly payments for this property
Estimated Payment
$5,065.70/mo
Includes CMHC insurance ($35,238)
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.
1061 Eagletrace Drive Unit 1, 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 $489/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 98 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.
Detached Home Advantages
Detached homes in London North are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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 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 $4,078 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.