$829,900 - 123 Chesham Avenue, London North
Detached for Sale in London North
48 days on market- MLS Number
- X13073676
- Property Type
- Detached
- Status
- active
- Days on Site
- 48
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- ROYAL LEPAGE VISION REALTY
Welcome to 123 Chesham Avenue - a spacious and elegant two-storey detached home nestled in one of London's most sought-after neighbourhoods.Offering 4+2 bedrooms and 4 bathrooms, with walking distance from Western University and top rated elementary and high school London with a beautiful and peaceful park at the back (No Neighbours behind) Premium 71 feet wide lot!. The main level features a well-designed layout with formal living and dining rooms, a cozy family room with a wood-burning fireplace, and a bright, inviting kitchen complete with granite countertops and a high-end designer kitchen by Kitchen Craft.Upstairs, you'll find four generously sized bedrooms, including a primary suite with a 4-piece ensuite. The bathrooms throughout the home have been recently updated with new quartz countertops and stylish tile finishes.The fully finished lower level spans over 1,000 sq. ft. and offers exceptional versatility, featuring a second kitchen, two additional bedrooms, a full bathroom, and ample living space-ideal for extended family, guests, a home office, or a potential in-law suite with the possibility of a separate entrance for added rental income.Additional highlights include a double car garage, ample driveway parking, and extensive recent concrete work completed on all three sides of the home, enhancing structural integrity. The beautifully landscaped front yard and large concrete backyard patio overlook a quiet park and wooded area, offering privacy and a peaceful setting away from train tracks.Conveniently located near Western University, Hospital, top-rated schools, shopping, and parks, this home presents a rare opportunity to enjoy space, comfort, and convenience in a premium London location.
Estimate your monthly payments for this property
Estimated Payment
$4,257.82/mo
Includes CMHC insurance ($23,154)
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.
123 Chesham Avenue, 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 $415/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 48 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.
Excellent Flexibility
With 6 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 $3,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.