14 Argyle Street, London North

Price: $629,900

6 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Multi-Family

MLS#: X12789190

Unique opportunity in Blackfriars close to river, walking paths, downtown and amenities. This charming yellow brick property is very deceiving from the outside. Main, front unit is a compact 2 bedroom, 1 bath that would easily rent to students. The rear unit is HUGE with an open concept main floor kitchen/living/dining area with patio doors that overlook the sprawling, fenced, rear yard. The 2nd floor of this unit has 4 spacious bedrooms, and 2 full baths including an ensuite and the primary bedroom also offers a walk-in closet.

14 Argyle Street - Multi-Family photo 1 of 1 in London North, Ontario
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$629,900 - 14 Argyle Street, London North

Multi-Family for Sale in London North

109 days on market
6Beds
3Baths
2,000 - 2,499Sq Ft
Multi-Family
Property Details
MLS Number
X12789190
Property Type
Multi-Family
Status
active
Days on Site
109
Bedrooms
6
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
London North
Listing Brokerage
BLUE FOREST REALTY INC.
Description

Unique opportunity in Blackfriars close to river, walking paths, downtown and amenities. This charming yellow brick property is very deceiving from the outside. Main, front unit is a compact 2 bedroom, 1 bath that would easily rent to students. The rear unit is HUGE with an open concept main floor kitchen/living/dining area with patio doors that overlook the sprawling, fenced, rear yard. The 2nd floor of this unit has 4 spacious bedrooms, and 2 full baths including an ensuite and the primary bedroom also offers a walk-in closet.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,231.71/mo

Includes CMHC insurance ($17,574)

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5-yr fixed avg.

Principal: $566,910Interest: $385,030
Mortgage Amount$584,484
Total Interest$385,030
Est. Property Tax$446/mo
Total Cost$969,514

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

14 Argyle Street, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
6.7%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$3,523

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 $315/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 109 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.

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 3 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 $2,625 (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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    14 Argyle Street, London North | $629,900 | Battaglia Team