1600 Adelaide Street Unit 204, London North

Price: $289,900

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X12902468

Fresh, bright, and ready for you. Your perfect opportunity to get into the real estate market is here! This newly renovated second-level unit features brand-new laminate flooring, freshly painted kitchen cabinets & walls, and a crisp neutral palette from top to bottom. Two well-sized bedrooms and a full 4-piece bathroom offer smooth, stress-free living. The easy, functional layout provides plenty of room for both living and dining. In-suite laundry adds everyday convenience, and the building as well as location check all the boxes-parking, gym, a rec room, close to great schools, the YMCA, Masonville Mall, transit & other amenities.Just move in and enjoy!

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$289,900 - 1600 Adelaide Street Unit 204, London North

Condo for Sale in London North

91 days on market
2Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
X12902468
Property Type
Condo
Status
active
Days on Site
91
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
London North
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

Fresh, bright, and ready for you. Your perfect opportunity to get into the real estate market is here! This newly renovated second-level unit features brand-new laminate flooring, freshly painted kitchen cabinets & walls, and a crisp neutral palette from top to bottom. Two well-sized bedrooms and a full 4-piece bathroom offer smooth, stress-free living. The easy, functional layout provides plenty of room for both living and dining. In-suite laundry adds everyday convenience, and the building as well as location check all the boxes-parking, gym, a rec room, close to great schools, the YMCA, Masonville Mall, transit & other amenities.Just move in and enjoy!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,487.34/mo

Includes CMHC insurance ($8,088)

$
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5-yr fixed avg.

Principal: $260,910Interest: $177,203
Mortgage Amount$268,998
Total Interest$177,203
Est. Property Tax$205/mo
Total Cost$446,201

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

1600 Adelaide Street Unit 204, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
5.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$205
Insurance (est.)-$60
Net Cash Flow+$1,430

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 $322/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 91 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    1600 Adelaide Street Unit 204 | $289,900 | Battaglia Team