$1,299,900 - 1653 Medway Park Drive, London North
Detached for Sale in London North
New — Listed 3 days ago- MLS Number
- X13449672
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- London North
- Listing Brokerage
- RE/MAX ADVANTAGE REALTY LTD.
Experience exceptional craftsmanship and thoughtful design in this stunning 5-bedroom, 5-bathroom custom home in desirable North London. Every detail has been carefully curated with premium finishes, extensive millwork, and high-end upgrades. The impressive main floor features soaring 10 foot- ceilings, engineered hardwood flooring throughout, and a grand two-storey foyer that creates an unforgettable first impression. A private front office showcases a dramatic ceiling and custom built-in cabinetry, providing the perfect place to work from home. At the heart of the home is a designer chef's kitchen featuring fully custom cabinetry, quartz countertops, and an oversized island ideal for entertaining. The adjoining walk-in butler's pantry offers exceptional functionality with a secondary sink, bar fridge, extensive cabinetry, and custom shelving. Upstairs, 9-foot ceilings continue throughout and every bedroom enjoys the luxury of its own ensuite bathroom. The primary retreat is a true sanctuary, complete with a spa-inspired ensuite featuring an oversized glass shower, in floor heating and a spectacular custom walk-in closet with built-in storage, centre island, and quartz countertop. Additional highlights include custom oversized windows, window coverings throughout, motorized blinds in the primary bedroom and family room, and a well-appointed second-floor laundry room with abundant storage. The fully finished lower level provides incredible versatility, offering an additional bedroom, full bathroom, spacious recreation area, kitchenette, custom home gym, and a built-in sauna-ideal for multi-generational living, overnight guests, or extended family accommodations. Step outside to enjoy your fully fenced backyard which backs onto green space offering additional privacy and is featuring a wall-to-wall concrete patio and elegant French doors that seamlessly connect indoor and outdoor living. Close to schools, parks, amenities and everything you may need. Welcome home!
Estimate your monthly payments for this property
Estimated Payment
$5,749.90/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.
1653 Medway Park Drive, 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 30+ years of GTA real estate experience
Competitive Pricing
At $520/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.
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 5 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 $5,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.