1221 GLENORA Drive, London North

Price: $719,900

2 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13130082

Welcome to this beautifully renovated and meticulously maintained 2-bedroom, 2-bathroom backsplit with double garage, located in the sought-after Northridge subdivision. The heart of the home is the impressive open-concept great room featuring a bright sitting area, updated kitchen with granite countertops and abundant cabinetry, spacious dining area, and a versatile office nook or breakfast space-ideal for entertaining family and friends. Just a few steps down, enjoy a warm and inviting family room with hardwood floors and a wood-burning fireplace, along with a 3-piece bath and separate laundry room with potential for an additional bedroom or flex space. The sun-filled 4-season room is designed for year-round enjoyment, complete with a bar, gas fireplace, and walkout to a private backyard oasis featuring a two-tiered deck, powered awning, gazebo, and beautifully landscaped gardens. Upstairs offers a spacious primary retreat with sitting area and generous closet space, with the option to convert back into two separate bedrooms if desired. An additional bedroom and fully updated 4-piece bath with in-floor heating complete the upper level. The lower level provides a large rec room or office, ample storage space, and a cold room. A perfect blend of comfort, style, and functionality in a prime family-friendly neighbourhood.

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$719,900 - 1221 GLENORA Drive, London North

Detached for Sale in London North

35 days on market
2Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13130082
Property Type
Detached
Status
active
Days on Site
35
Bedrooms
2
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London North
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

Welcome to this beautifully renovated and meticulously maintained 2-bedroom, 2-bathroom backsplit with double garage, located in the sought-after Northridge subdivision. The heart of the home is the impressive open-concept great room featuring a bright sitting area, updated kitchen with granite countertops and abundant cabinetry, spacious dining area, and a versatile office nook or breakfast space-ideal for entertaining family and friends. Just a few steps down, enjoy a warm and inviting family room with hardwood floors and a wood-burning fireplace, along with a 3-piece bath and separate laundry room with potential for an additional bedroom or flex space. The sun-filled 4-season room is designed for year-round enjoyment, complete with a bar, gas fireplace, and walkout to a private backyard oasis featuring a two-tiered deck, powered awning, gazebo, and beautifully landscaped gardens. Upstairs offers a spacious primary retreat with sitting area and generous closet space, with the option to convert back into two separate bedrooms if desired. An additional bedroom and fully updated 4-piece bath with in-floor heating complete the upper level. The lower level provides a large rec room or office, ample storage space, and a cold room. A perfect blend of comfort, style, and functionality in a prime family-friendly neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,693.46/mo

Includes CMHC insurance ($20,085)

$
$
5%10%50%

5-yr fixed avg.

Principal: $647,910Interest: $440,043
Mortgage Amount$667,995
Total Interest$440,043
Est. Property Tax$510/mo
Total Cost$1,108,038

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

1221 GLENORA Drive, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$510
Insurance (est.)-$150
Net Cash Flow+$1,740

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 $480/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 35 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.

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 $3,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    1221 GLENORA Drive, London North | $719,900 | Battaglia Team