$879,000 - 1580 Medway Park Drive, London North
Detached for Sale in London North
New — Listed 6 days ago- MLS Number
- X13441814
- Property Type
- Detached
- Status
- active
- Days on Site
- 6
- Bedrooms
- 4
- Bathrooms
- 6
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- NU-VISTA PINNACLE REALTY BROKERAGE INC
Welcome to 1580 Medway Park Drive, located in the highly desirable Fox Hollow community of North London. Offering 2,267 sq. ft. of thoughtfully designed living space, this impressive 4-bedroom, 3.5-bathroom home is perfectly suited for growing families and first-time buyers alike.Step inside to discover a bright, spacious layout featuring generous principal rooms, abundant natural light, and an open-concept design ideal for both everyday living and entertaining. A versatile main-floor office/den provides the perfect space for working from home, a study area, playroom, or additional family living space.The well-appointed kitchen is a standout, boasting ceiling-height cabinetry, ample counter space, extensive storage, and a functional layout that will appeal to home chefs and busy households. The kitchen flows seamlessly into the main living and dining areas, creating a warm and inviting setting for family gatherings and hosting guests.Upstairs, you'll find four generously sized bedrooms, including a spacious primary retreat complete with a private ensuite. Convenient second-floor laundry adds practicality and ease to daily living.A separate side entrance offers exceptional future basement development potential, providing opportunities for additional living space or an in-law suite, subject to municipal approvals.Ideally situated close to Walmart, shopping centres, restaurants, schools, parks, and scenic walking trails, this home delivers the perfect combination of space, comfort, and convenience in one of North London's most sought-after family-friendly neighbourhoods.Don't miss this exceptional opportunity to own a beautiful home in Fox Hollow.
Estimate your monthly payments for this property
Estimated Payment
$4,509.73/mo
Includes CMHC insurance ($24,524)
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.
1580 Medway Park Drive, London North
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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 $440/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.
Just Listed - Act Strategically
This property hit the market within the last week. In London North's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 6 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 $3,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.