$773,300 - 1619 Jubilee Drive, London North
Detached for Sale in London North
- MLS Number
- X13201256
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London North
- Listing Brokerage
- STREETCITY REALTY INC.
Welcome to 1619 Jubilee Drive, located in prestigious North London. Built in 2003, this well maintained bungalow offers over 2,600 sq. ft. of total living space , making it an exceptional opportunity for families first-time home buyers and investors alike. The bright and spacious 1,572 sq. ft. main floor features 3 generous bedrooms, 2 full bathrooms, a bright and inviting family room ideal for entertaining, and a convenient private laundry room. The functional bungalow layout provides comfortable one-floor living with abundant natural light throughout The finished basement offers approximately 1,050 sq. ft. of additional living space and includes a legal separate entrance to a self-contained in-law suite complete with 2 bedrooms plus a recreation room (easily used as a third bedroom), a full kitchen, full bathroom, and dedicated laundry. With no carpet in the basement, the space is low maintenance and move-in ready. The property also holds a City Rental License for the basement unit, offering excellent income potential. The exterior features a large, fully fenced backyard with a spacious deck perfect for relaxing or entertaining. Recent updates include shingles (2021) and furnace (2022) Fresh paint main floor (2026). All appliances are included, most of them were bought in 2024. Ideally situated within walking distance to Saint Marguerite d'Youville Catholic Elementary School and Walmart Supercentre, and close to parks and walking trails, this home combines space, functionality, and investment potential in a highly desirable North London location.
Estimate your monthly payments for this property
Estimated Payment
$3,967.43/mo
Includes CMHC insurance ($21,575)
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.
1619 Jubilee Drive, London North
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $516/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 23 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.
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.
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 3 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 $3,222 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.