112 North Centre Road Unit 45, London North

Price: $319,900

4 bedrooms, 4 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12950498

LOCATION, LOCATION, LOCATION! Discover the best of Masonville in this stunning condo. Walkable to top schools, Western University, and University Hospital (UH), this spot offers unparalleled convenience. Enjoy an exciting lifestyle with shopping, movie theatres, restaurants, and gym facilities all just moments from your door. The bright main level features a fantastic open-concept great room flowing into a modern kitchen and dining area, complete with sliding doors to a private deck perfect for entertaining and summer relaxation. Upstairs, find three spacious bedrooms, highlighted by a magnificent primary suite offering a fabulous walk-in shower and a private balcony. The finished lower level adds valuable living space with a versatile family room or bedroom and a 3-piece bath. The home features three full and one half-bath in total! The unbeatable proximity to campus and UH guarantees high rental demand and excellent long-term appreciation for investors. For end-users, it's maintenance-free living in a prime location. Book your viewing today

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$319,900 - 112 North Centre Road Unit 45, London North

Condo for Sale in London North

78 days on market
4Beds
4Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12950498
Property Type
Condo
Status
active
Days on Site
78
Bedrooms
4
Bathrooms
4
Square Feet
1,200 sqft
Neighbourhood
London North
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

LOCATION, LOCATION, LOCATION! Discover the best of Masonville in this stunning condo. Walkable to top schools, Western University, and University Hospital (UH), this spot offers unparalleled convenience. Enjoy an exciting lifestyle with shopping, movie theatres, restaurants, and gym facilities all just moments from your door. The bright main level features a fantastic open-concept great room flowing into a modern kitchen and dining area, complete with sliding doors to a private deck perfect for entertaining and summer relaxation. Upstairs, find three spacious bedrooms, highlighted by a magnificent primary suite offering a fabulous walk-in shower and a private balcony. The finished lower level adds valuable living space with a versatile family room or bedroom and a 3-piece bath. The home features three full and one half-bath in total! The unbeatable proximity to campus and UH guarantees high rental demand and excellent long-term appreciation for investors. For end-users, it's maintenance-free living in a prime location. Book your viewing today

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

112 North Centre Road Unit 45, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
8.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$227
Insurance (est.)-$67
Net Cash Flow+$2,246

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 $267/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 78 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.

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.

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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    112 North Centre Road Unit 45 | $319,900 | Battaglia Team