1600 Adelaide Street Unit 301, London North

Price: $325,900

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13044228

This bright corner suite offers comfortable, low-maintenance living in a well-maintained building at Unit 301 at 1600 Adelaide Street North in London. This unit features two good-sized bedrooms, a 4-piece bathroom, in-suite laundry, and a functional layout ideal for a variety of buyers. Residents enjoy access to convenient building amenities including a fitness room, elevator service, common space lounge area and ample visitor parking. The building and grounds have been well-maintained, adding to the overall appeal which is a great opportunity for buyers seeking move-in ready convenience in a convenient location. Ideally located in North London, you are close to shopping, schools, restaurants, and everyday conveniences. Walking distance to the grocery store at Fanshawe Park Road and Adelaide Street, with easy access to bus routes serving Western University, Fanshawe College, and CF Masonville Place. Condo fees are a reasonable $440/month and include water and parking. Click on the virtual tour link, view the floor plans, and photos and then call your REALTOR to schedule your private viewing of this great property!

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$325,900 - 1600 Adelaide Street Unit 301, London North

Condo for Sale in London North

55 days on market
2Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13044228
Property Type
Condo
Status
active
Days on Site
55
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
London North
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
RE/MAX A-B Realty Ltd
Description

This bright corner suite offers comfortable, low-maintenance living in a well-maintained building at Unit 301 at 1600 Adelaide Street North in London. This unit features two good-sized bedrooms, a 4-piece bathroom, in-suite laundry, and a functional layout ideal for a variety of buyers. Residents enjoy access to convenient building amenities including a fitness room, elevator service, common space lounge area and ample visitor parking. The building and grounds have been well-maintained, adding to the overall appeal which is a great opportunity for buyers seeking move-in ready convenience in a convenient location. Ideally located in North London, you are close to shopping, schools, restaurants, and everyday conveniences. Walking distance to the grocery store at Fanshawe Park Road and Adelaide Street, with easy access to bus routes serving Western University, Fanshawe College, and CF Masonville Place. Condo fees are a reasonable $440/month and include water and parking. Click on the virtual tour link, view the floor plans, and photos and then call your REALTOR to schedule your private viewing of this great property!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,672.04/mo

Includes CMHC insurance ($9,093)

$
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5%10%50%

5-yr fixed avg.

Principal: $293,310Interest: $199,208
Mortgage Amount$302,403
Total Interest$199,208
Est. Property Tax$231/mo
Total Cost$501,611

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 301, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$231
Insurance (est.)-$68
Net Cash Flow+$1,411

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 $326/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 55 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.

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 301 | $325,900 | Battaglia Team