15 Cumberland Crescent, London North

Price: $699,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13415028

!! Welcome to 15 Cumberland Crescent, a well-maintained detached bungalow situated on a premium corner lot in a desirable London neighbourhood !! This charming home features a classic brick exterior, a landscaped front yard with mature trees and shrubs, and a welcoming concrete porch !! A double detached garage with double-wide driveway provides ample parking and storage !! The interior offers a functional and inviting layout with three bedrooms and two bathrooms !! The main floor is highlighted by a bright living room with a large window that fills the space with natural light, complemented by a cozy wood-burning fireplace !! A dedicated dining area provides an ideal setting for everyday meals and entertaining !! The finished basement extends the living space, featuring a spacious family room with a wood stove, a workshop, laundry area, and multiple storage rooms, including a cellar and utility space !! A three-piece bathroom adds convenience and versatility !! The private backyard offers a peaceful retreat with level ground, mature landscaping, and a mix of wood fencing and natural hedging for added privacy !! With its combination of character, functionality, and location, this property is an excellent opportunity for families or those seeking a comfortable and well-rounded home !!

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$699,900 - 15 Cumberland Crescent, London North

Detached for Sale in London North

Popular Listing
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13415028
Property Type
Detached
Status
active
Days on Site
10
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London North
Listing Brokerage
ROYAL LEPAGE FLOWER CITY REALTY
Description

!! Welcome to 15 Cumberland Crescent, a well-maintained detached bungalow situated on a premium corner lot in a desirable London neighbourhood !! This charming home features a classic brick exterior, a landscaped front yard with mature trees and shrubs, and a welcoming concrete porch !! A double detached garage with double-wide driveway provides ample parking and storage !! The interior offers a functional and inviting layout with three bedrooms and two bathrooms !! The main floor is highlighted by a bright living room with a large window that fills the space with natural light, complemented by a cozy wood-burning fireplace !! A dedicated dining area provides an ideal setting for everyday meals and entertaining !! The finished basement extends the living space, featuring a spacious family room with a wood stove, a workshop, laundry area, and multiple storage rooms, including a cellar and utility space !! A three-piece bathroom adds convenience and versatility !! The private backyard offers a peaceful retreat with level ground, mature landscaping, and a mix of wood fencing and natural hedging for added privacy !! With its combination of character, functionality, and location, this property is an excellent opportunity for families or those seeking a comfortable and well-rounded home !!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

$
$
5%10%50%

5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

15 Cumberland Crescent, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,158

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 $636/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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,916 (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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    15 Cumberland Crescent, London North | $699,900 | Battaglia Team