$2,075,900 - 1597 Ryersie Road, London North
Single Family Home for Sale in London North
New — Listed 6 days ago- MLS Number
- X12811334
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 6
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,500 sqft
- Neighbourhood
- London North
- Lot Size
- 1 sqft
- Listing Brokerage
- THE REALTY FIRM PRESTIGE BROKERAGE INC.
Set on an extraordinary 0.85-acre lot in one of London's most prestigious neighbourhoods, this impressive property offers over 4,200 square feet of living space with 5 bedrooms and 6 bathrooms. Thoughtfully maintained and upgraded over the years by the current owners, the home blends timeless elegance with modern comfort. The main floor offers an ideal layout for both everyday living and entertaining, featuring a bright and expansive eat-in kitchen with floor-to-ceiling windows overlooking the professionally landscaped backyard and stunning 20' x 40' in-ground pool. A separate bar/pantry area just off the kitchen adds exceptional convenience and is perfect for entertaining and hosting. Elegant formal living and dining rooms provide refined spaces for holidays and special gatherings, while still maintaining a warm, welcoming feel throughout. A total of four fireplaces add character and ambiance across the home. Designed with functionality in mind, the main floor also includes convenient laundry and a dedicated bathroom with direct outdoor access, perfect for pool days. Upstairs, two separate staircases lead to spacious bedrooms, including an oversized primary suite complete with a large walk-in closet, an ensuite with in-floor heating, and a cozy fireplace in the primary bedroom itself, creating a true retreat. A second generous primary suite also offers its own ensuite with heated floors and a walk-in closet. The lower level provides a finished recreation room and 2-piece bathroom, perfect for a kids' play area or games room. A rare four-car garage, including a detached double garage, provides exceptional storage and flexibility. The backyard is a private retreat with ample space. Large enough to add tennis courts, as it once had, offering endless possibilities. With a recently updated boiler furnace (2023) providing efficient heating and an unbeatable setting within the city, this is a truly remarkable property that offers space, privacy, and prestige all in one.
Estimate your monthly payments for this property
Estimated Payment
$9,182.41/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.
1597 Ryersie Road, 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 25+ years of GTA real estate experience
Competitive Pricing
At $593/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.
Larger Home Realities
At 3,500 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 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 $8,650 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.