$1,195,000 - 1544 Privet Place, London North
Detached for Sale in London North
Popular Listing- MLS Number
- X13240478
- Property Type
- Detached
- Status
- active
- Days on Site
- 10
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- RE/MAX ADVANTAGE REALTY LTD.
One of a kind property! A warm, Craftsman style home full of character and special details. Backing onto a protected treed area. Rare to find 3 car garage, one with a drive through to the rear side yard. Note the generous principal room sizes and 9 foot ceilings on both floors! Wide hallway to an oversized country kitchen with fine custom cabinetry, hard surface counters and high end appliances. A full sized dining suite could fit in this kitchen area. Convenient front office/ den, large mud room/main floor laundry, marble and engineered hardwood, triple pane windows, California shutters and built with premium shingles. A truly full size "great room" with a classic Victorian style fireplace. Upstairs, each bedroom has its own ensuite or cheater ensuite. Huge master with walk-in with 5 pc ensuite. Plentiful closet spaces everywhere. The lower level has a separate entrance from the garage, two open rooms ( recreation and games) that could have various uses, plus a 5th bedroom, 3 pc bath and small quiet office space. Outside, this is your cottage at home! Low maintenance yard, lots of privacy, pool ( on- ground sports style pool- most similar to an inground pool), hot tub, gazebo ( with change area), BBQ gas line and enclosed sunroom. Fabulous street with no exit at either end, having both a park (Creekside Park) or walking trails ( Creekside Meadow Trails) on either end. An easy drive to the YMCA, Masonville, UH and UWO. Quite the unique opportunity here! Private viewings only.
Estimate your monthly payments for this property
Estimated Payment
$5,285.89/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.
1544 Privet Place, London North
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $398/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.
Larger Home Realities
At 3,000 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 5 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 5 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 $4,979 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.