$849,000 - 1566 Wright Crescent, London North
Detached for Sale in London North
63 days on market- MLS Number
- X13014700
- Property Type
- Detached
- Status
- active
- Days on Site
- 63
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- HOMELIFE MAPLE LEAF REALTY LTD.
Welcome to this stunning 2024-built home in North London, perfectly situated on a premium corner lot that offers extra space, privacy, and great curb appeal. This beautiful 4-bedroom, 3-bathroom home is designed with modern living in mind, featuring a bright and spacious layout that feels warm and inviting from the moment you walk in. The main floor offers a sun-filled open-concept design with a large living area and elegant dining space, perfect for family time or entertaining guests. The modern kitchen flows seamlessly into the living space, creating a functional and stylish environment. A convenient powder room on the main floor adds to everyday comfort. One of the standout features is the huge driveway with no sidewalk, giving you extra parking space and less maintenance during winter. The double car garage also provides plenty of room for storage and convenience. Upstairs, you'll find a spacious primary bedroom with a private ensuite, along with three additional generously sized bedrooms and another full bathroom, making it ideal for growing families. The upper-level laundry adds ease to your daily routine. The basement comes with a separate entrance, offering amazing potential for a future in-law suite, rental income, or additional living space. Located in a family-friendly neighbourhood close to top-rated schools, parks, and all amenities, this home offers the perfect blend of comfort, style, and long-term value. Move-in ready and built for modern families, this is a home you don't want to miss.
Estimate your monthly payments for this property
Estimated Payment
$4,355.81/mo
Includes CMHC insurance ($23,687)
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.
1566 Wright Crescent, 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 $425/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 63 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.
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 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 $3,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.