1061 Eagletrace Drive Unit 33, London North

Price: $925,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13122046

Experience elevated living in this exceptional 2020-built Rembrandt residence, ideally situated in a quiet enclave of executive homes. Showcasing timeless design and modern sophistication, this home offers a seamless blend of luxury and comfort just minutes from premium amenities, including upscale shopping, top-rated schools, hospitals, Western University, scenic trails, and the prestigious Sunningdale Golf Club. The striking exterior-featuring a refined mix of brick, stone, and siding in warm earth tones-sets the tone for what lies within. A charming front porch welcomes you, while the partially covered rear deck provides the perfect setting for year-round outdoor living and stunning western sunset views. Inside, rich oak hardwood flooring and a dramatic ebony staircase with iron pickets create a grand first impression. The open-concept main level is anchored by an elegant great room with a floor-to-ceiling tiled gas fireplace, complemented by expansive windows that bathe the space in natural light. The designer kitchen impresses with high-gloss white cabinetry, sleek graphite accents, a quartz waterfall island with seating, and premium finishes throughout. A private office, formal dining room, and a well-appointed mudroom with built-in lockers add both function and style. Upstairs, the luxurious primary suite features dual walk-in closets and a spa-inspired 5-piece ensuite, while three additional bedrooms offer generous accommodations. The professionally finished basement extends the living space with a large games/media room, a fifth bedroom, and a full bath-ideal for guests or entertaining. Enjoy low-maintenance living with a modest monthly fee covering snow removal, landscaping, and road maintenance, allowing more time to enjoy nearby nature in the Medway Valley Heritage Forest.

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$925,000 - 1061 Eagletrace Drive Unit 33, London North

Detached for Sale in London North

37 days on market
5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13122046
Property Type
Detached
Status
active
Days on Site
37
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
London North
Lot Size
4,774 sqft
Listing Brokerage
RE/MAX EXCELLENCE REAL ESTATE
Description

Experience elevated living in this exceptional 2020-built Rembrandt residence, ideally situated in a quiet enclave of executive homes. Showcasing timeless design and modern sophistication, this home offers a seamless blend of luxury and comfort just minutes from premium amenities, including upscale shopping, top-rated schools, hospitals, Western University, scenic trails, and the prestigious Sunningdale Golf Club. The striking exterior-featuring a refined mix of brick, stone, and siding in warm earth tones-sets the tone for what lies within. A charming front porch welcomes you, while the partially covered rear deck provides the perfect setting for year-round outdoor living and stunning western sunset views. Inside, rich oak hardwood flooring and a dramatic ebony staircase with iron pickets create a grand first impression. The open-concept main level is anchored by an elegant great room with a floor-to-ceiling tiled gas fireplace, complemented by expansive windows that bathe the space in natural light. The designer kitchen impresses with high-gloss white cabinetry, sleek graphite accents, a quartz waterfall island with seating, and premium finishes throughout. A private office, formal dining room, and a well-appointed mudroom with built-in lockers add both function and style. Upstairs, the luxurious primary suite features dual walk-in closets and a spa-inspired 5-piece ensuite, while three additional bedrooms offer generous accommodations. The professionally finished basement extends the living space with a large games/media room, a fifth bedroom, and a full bath-ideal for guests or entertaining. Enjoy low-maintenance living with a modest monthly fee covering snow removal, landscaping, and road maintenance, allowing more time to enjoy nearby nature in the Medway Valley Heritage Forest.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,745.73/mo

Includes CMHC insurance ($25,808)

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5-yr fixed avg.

Principal: $832,500Interest: $565,411
Mortgage Amount$858,308
Total Interest$565,411
Est. Property Tax$655/mo
Total Cost$1,423,719

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

1061 Eagletrace Drive Unit 33, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$655
Insurance (est.)-$193
Net Cash Flow+$3,102

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 $370/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 37 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.

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.

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 $3,854 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1061 Eagletrace Drive Unit 33 | $925,000 | Battaglia Team