$750,000 - 11 Gower Street, London North
Detached for Sale in London North
109 days on market- MLS Number
- X12733636
- Property Type
- Detached
- Status
- active
- Days on Site
- 109
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London North
- Listing Brokerage
- CENTURY 21 ROYALTORS REALTY INC.
Welcome To 11 Gower Street, Ideally Located Just Two Blocks West Of Wharncliffe Rd. N. And Oxford Street On A Quiet Dead-End Street. This Home Is Close To Western University-Only A 3-Minute Drive, 14 Minutes By Transit, Or A 35-Minute Walk-And A 10-Minute Walk To Cherryhill Mall And Numerous Amenities, Including Restaurants, Coffee Shops, Parks, Golf Courses, And Schools. Inside, You're Greeted By A Spacious Foyer Leading To A Warm, Inviting Living Room With An Electric Fireplace. The Functional Kitchen Offers Ample Cabinetry And Granite Countertops, Opening To A Formal Dining Area. The Main Level Features An Updated 4-Piece Bathroom, A Large Primary Bedroom, And A Second Bedroom Currently Used As An Office, With Convenient In-Unit Laundry. The Rear Entrance Leads To A Large, Shaded Deck Surrounded By Mature Trees-Perfect For Relaxing Or Entertaining. Parking Includes A Garage And Space For Four Vehicles. The Lower-Level In-Law Suite, Accessible From The Kitchen Or A Private Side Entrance, Features Two Bedrooms, A 3-Piece Bathroom, In-Unit Laundry, And A Bright Kitchen And Living Area. This All-Brick Bungalow Offers Versatile Living Options As A Single-Family Home, Student Rental, In-Law Suite, Or Mortgage Helper.
Estimate your monthly payments for this property
Estimated Payment
$3,847.89/mo
Includes CMHC insurance ($20,925)
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.
11 Gower Street, 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
Fair Market Value
At $1071/sqft, this property is priced in line with current London North market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 109 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.
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.
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.
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 $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.