$1,949,000 - 129 Wychwood Place, London North
Detached for Sale in London North
39 days on market- MLS Number
- X13110210
- Property Type
- Detached
- Status
- active
- Days on Site
- 39
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- London North
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
Located on a ravine lot overlooking Medway Valley Heritage Forest, this fabulous 2 storey Georgian center hall home with a triple car garage is sure to impress. Professionally landscaped the fenced property offers privacy and amazing views of the ravine and Medway Creek. Enter a spectacular foyer with views of the upper staircase and marble floors. The adjacent living room features hardwood flooring and lovely sitting area. Next is the large family room complete with gas fireplace insert & mantle, a wall of built-in storage and entrance to the backyard area. The large dining area has plenty of natural light and tasteful wall treatments. The magnificent custom kitchen features slate floors, an oversized island with bar seating, Dacor oven, microwave, wine fridge, Miele dishwasher, wet bar, and Sub-Zero Mini Fridge. The convenient eat-in area provides access to the backyard. A large laundry/mudroom area with sink complete the main floor. The second level is highlighted by a luxury primary suite that features hardwood floors, an amazing dressing room/walk-in closet with built-in storage, recently updated 5-piece ensuite with soaker tub, heated floor, double vanity, oversized walk-in shower with glass surround. Three additional bedrooms on this level, two of them having ensuite bathrooms, an office/bedroom with French doors leading to a sundeck complete the second level. The finished basement with great rec room and wet bar, custom wall unit, walk-in cold room, separate entrance from the garage and an additional bedroom and ensuite. The covered back patio features a gas heater and automatic Phantom screens to enjoy evenings on the patio. The in-ground pool features a flagstone patio; storage shed and is separately fenced for additional safety. Other backyard features include flagstone walkways/patios, landscape lighting, concrete pad and wiring for hot tub hook-up. New solar blanket for pool, pool shed, gas heater, pool saltwater cell system.
Estimate your monthly payments for this property
Estimated Payment
$8,621.08/mo
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.
129 Wychwood Place, 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 $557/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 39 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 6 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.