1408 Devos Drive, London North

Price: $774,900

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13149590

Welcome to 1408 Devos Dr. located in the desirable Stoney Creek neighbourhood of North London.A perfect location for families w/ schools nearby (Stoney Creek PS, AB Lucas SS, Northridge PS, Mother Teresa CSS), trails, transportation & amenities. This beautiful 2-storey home offers 2,089 sq ft AG living space + additional 519 sq ft in a fully finished basement/apt.The home features 3+1 large sized bedrooms, 3.5 bathrooms, a kitchen on main floor & a smaller kitchen +1 extra laundry in the basement. Featuring a spacious open-concept layout, upgraded gourmet kitchen w/ abundant cabinetry, a pantry & NEW quartz countertops, stove & dishwasher2026. The main floor features an inviting hallway with a 2pcs powder room w/ new sink & quartz countertop 2026, a spacious & bright living /dining room, perfect for everyday living and entertaining. Sliding door in the dining room leads to the patio that flows nicely to the fully fenced, landscaped backyard w/ a shed. The 2nd level, freshly painted, offers 3generously sized bedrooms & 2 full bathrooms with 4pcs each, upgraded sinks & new quartz countertops 2026. The bright & spacious primary bedroom includes 2 walk-in closets, 4pcs spa-like ensuite featuring a shower & soaker tub for your private wellness retreat. The finished basement which features a spacious family room & dining room with/ 2 windows, kitchen, laundry, an additional bedroom w/ 4pcs ensuite offers great potential for in-laws, or investment. It's currently rented to AAA+ tenant who is willing to stay if the buyers are willing to sign a new Agreement to Lease. Furthermore, this home includes a 2-car garage, w/additional 4 parking spots (space for 6 cars total) a bonus for car enthusiasts or extra storage. Located just minutes from the YMCA, shopping & more. It's on a bus route to WesternUniversity, Fanshawe College or Downtown. This lovingly cared home is great for both a growing family & the home buyer looking for potential rental income! Move-in Ready.

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$774,900 - 1408 Devos Drive, London North

Detached for Sale in London North

4Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13149590
Property Type
Detached
Status
active
Days on Site
30
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
London North
Listing Brokerage
BLUE FOREST REALTY INC.
Description

Welcome to 1408 Devos Dr. located in the desirable Stoney Creek neighbourhood of North London.A perfect location for families w/ schools nearby (Stoney Creek PS, AB Lucas SS, Northridge PS, Mother Teresa CSS), trails, transportation & amenities. This beautiful 2-storey home offers 2,089 sq ft AG living space + additional 519 sq ft in a fully finished basement/apt.The home features 3+1 large sized bedrooms, 3.5 bathrooms, a kitchen on main floor & a smaller kitchen +1 extra laundry in the basement. Featuring a spacious open-concept layout, upgraded gourmet kitchen w/ abundant cabinetry, a pantry & NEW quartz countertops, stove & dishwasher2026. The main floor features an inviting hallway with a 2pcs powder room w/ new sink & quartz countertop 2026, a spacious & bright living /dining room, perfect for everyday living and entertaining. Sliding door in the dining room leads to the patio that flows nicely to the fully fenced, landscaped backyard w/ a shed. The 2nd level, freshly painted, offers 3generously sized bedrooms & 2 full bathrooms with 4pcs each, upgraded sinks & new quartz countertops 2026. The bright & spacious primary bedroom includes 2 walk-in closets, 4pcs spa-like ensuite featuring a shower & soaker tub for your private wellness retreat. The finished basement which features a spacious family room & dining room with/ 2 windows, kitchen, laundry, an additional bedroom w/ 4pcs ensuite offers great potential for in-laws, or investment. It's currently rented to AAA+ tenant who is willing to stay if the buyers are willing to sign a new Agreement to Lease. Furthermore, this home includes a 2-car garage, w/additional 4 parking spots (space for 6 cars total) a bonus for car enthusiasts or extra storage. Located just minutes from the YMCA, shopping & more. It's on a bus route to WesternUniversity, Fanshawe College or Downtown. This lovingly cared home is great for both a growing family & the home buyer looking for potential rental income! Move-in Ready.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,975.64/mo

Includes CMHC insurance ($21,620)

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5-yr fixed avg.

Principal: $697,410Interest: $473,662
Mortgage Amount$719,030
Total Interest$473,662
Est. Property Tax$549/mo
Total Cost$1,192,692

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

1408 Devos Drive, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$549
Insurance (est.)-$161
Net Cash Flow+$2,590

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 $387/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 30 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London North. Good resale value as demand remains consistent.

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 $3,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1408 Devos Drive, London North | $774,900 | Battaglia Team