1600 Mickleborough Drive Unit 17, London North

Price: $409,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13232568

Don't miss this exceptional opportunity to own a turnkey condo in one of North London's most sought-after communities. Perfectly suited for first-time buyers, savvy investors, or those looking to embrace a low-maintenance lifestyle, this beautifully maintained townhome offers the ideal balance of comfort, style, and convenience. Pride of ownership is evident throughout this spacious 3-bedroom home. Step inside to an expansive, welcoming living room-an ideal setting for both everyday living and entertaining. At the rear of the main level, you'll find a bright, sun-filled eat-in kitchen that serves as the heart of the home, perfect for casual meals and family gatherings. Upstairs features three generously sized bedrooms, including an impressively large primary retreat. The fully finished lower level adds valuable living space with a sizable rec room, along with a laundry area, ample storage, and a rough-in for an additional bathroom. Located in a highly desirable neighbourhood close to a wide range of amenities and within a top-rated school district, this home truly checks all the boxes. Townhomes in such pristine, move-in-ready condition are a rare find-act quickly before it's gone!

1600 Mickleborough Drive Unit 17 - Condo photo 1 of 18 in London North, Ontario
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$409,900 - 1600 Mickleborough Drive Unit 17, London North

Condo for Sale in London North

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13232568
Property Type
Condo
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
London North
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

Don't miss this exceptional opportunity to own a turnkey condo in one of North London's most sought-after communities. Perfectly suited for first-time buyers, savvy investors, or those looking to embrace a low-maintenance lifestyle, this beautifully maintained townhome offers the ideal balance of comfort, style, and convenience. Pride of ownership is evident throughout this spacious 3-bedroom home. Step inside to an expansive, welcoming living room-an ideal setting for both everyday living and entertaining. At the rear of the main level, you'll find a bright, sun-filled eat-in kitchen that serves as the heart of the home, perfect for casual meals and family gatherings. Upstairs features three generously sized bedrooms, including an impressively large primary retreat. The fully finished lower level adds valuable living space with a sizable rec room, along with a laundry area, ample storage, and a rough-in for an additional bathroom. Located in a highly desirable neighbourhood close to a wide range of amenities and within a top-rated school district, this home truly checks all the boxes. Townhomes in such pristine, move-in-ready condition are a rare find-act quickly before it's gone!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,103.00/mo

Includes CMHC insurance ($11,436)

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5-yr fixed avg.

Principal: $368,910Interest: $250,554
Mortgage Amount$380,346
Total Interest$250,554
Est. Property Tax$290/mo
Total Cost$630,900

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 Mickleborough Drive Unit 17, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$290
Insurance (est.)-$85
Net Cash Flow+$1,735

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 $410/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.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 Mickleborough Drive Unit 17 | $409,900 | Battaglia Team