$649,900 - 131 Paperbirch Crescent, London North
Detached for Sale in London North
71 days on market- MLS Number
- X12974810
- Property Type
- Detached
- Status
- active
- Days on Site
- 71
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London North
- Lot Size
- 5,016 sqft
- Listing Brokerage
- ONE PERCENT REALTY LTD.
Location, Location, Location! Don't look any further! Welcome to 131 Paperbirch Crescent, a charming detached three-level back split. Perfect for the savvy investor, the first-time homebuyer, or anyone seeking smart living options close to campus. The main floor welcomes you with a bright, south-facing living area featuring a large front window that floods the home with natural sunlight. The kitchen with breakfast area connects easily with the dining space, offering plenty of room to gather. Just a few steps up, you'll find three bedrooms and a three-piece bathroom. The walk-up basement provides a safe, separate entrance from the side of the property via the deck and bench area, making it perfect as an in-law suite, multi-generational living, or a private retreat. This level includes three additional bedrooms, a second three-piece bathroom, a kitchen with breakfast area, and a living area all with above-grade windows that bring in abundant natural light and fresh air, creating a bright and airy living environment. Located in a beautiful part of London, this home is just minutes from Western University, vibrant downtown London dining and entertainment, with local favourites like Cintro On Wellington and The Morrissey House offering stylish fare in a lively downtown setting and key green spaces like Victoria Park, Springbank Park, Storybook Gardens, the Thames Valley Parkway, and Fanshawe Lake. Health care is close at hand too, with University Hospital and Victoria Hospital nearby. Excellent schools such as University Heights Public School, John Dearness Public School, and Sir Frederick Banting Secondary School, libraries, shops, and recreation round out a convenient and dynamic setting. This versatile property offers not just a home, but a lifestyle-blending space, natural light, and location all in one. Don't miss this incredible opportunity. Book your private showing today!
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/mo
Includes CMHC insurance ($18,132)
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.
131 Paperbirch Crescent, London North
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Rental income estimator & ROI calculator
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 $928/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 71 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.
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.
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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.