$649,600 - 1731 O'hanlan Lane, London North
Detached for Sale in London North
36 days on market- MLS Number
- X13128290
- Property Type
- Detached
- Status
- active
- Days on Site
- 36
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London North
- Listing Brokerage
- LIMELIGHT REALTY INC.
Welcome to 1731 O'Hanlan Lane, located in the desirable Cedar Hollow community of North East London. This beautiful 2 storey family home offers 3 bedrooms, 2.5 bathrooms, and an attached single car garage with convenient interior access. The main floor features an open concept layout with 9' ceilings, a sunken foyer entry, neutral modern finishes, ceramic tile, plush carpeting, a spacious living room, and a convenient powder room. The bright kitchen includes stainless steel appliances, backsplash, quartz countertops, an open dining area with vaulted ceilings, and walkout to stamped concrete patio area. Upstairs features a centrally located laundry area, two additional bedrooms sharing a 4-piece bathroom, and a spacious primary suite complete with vaulted ceilings, a large walk-in closet, and a luxury 5-piece ensuite featuring a freestanding soaker tub and a large tiled shower. The bright unfinished basement offers excellent future development potential. It includes an egress window (bedroom potential), and a rough-in for a future 3-piece bathroom. Additional highlights include south facing yard, stamped concrete rear patio and excellent proximity to parks, trails, shopping, and amenities.
Estimate your monthly payments for this property
Estimated Payment
$3,332.78/mo
Includes CMHC insurance ($18,124)
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.
1731 O'hanlan Lane, 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 $433/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 36 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.
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.
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 $2,707 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.