18 Chapman Court, London North

Price: $679,900

5 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: X12940248

NO CONDO FEES. END-UNIT FREEHOLD WITH 5 BEDROOMS AND FLEXIBLE INCOME POTENTIAL NEAR WESTERN. Tucked into a cul-de-sac setting, this end-unit freehold townhouse offers a great mix of space, privacy, and flexibility - just minutes from Western University, transit, and everyday amenities. With no neighbours directly behind and added separation along one side, it feels more private than most townhomes. A sundeck, private driveway, and attached garage complete the exterior.Inside, the home is well maintained and thoughtfully laid out across multiple levels, offering both open living space and separation when needed. The main entry features a spacious foyer with laundry and direct access to the garage - ideal for everyday function and shared living. The second level is anchored by a large, open family room with soaring two-storey ceilings, creating a bright, airy feel rarely found in townhomes.The third level overlooks this space and features the kitchen, dining area, and powder room - a natural gathering space for everyday living or shared occupancy. The upper level offers four bedrooms and two full bathrooms, including a Jack & Jill shared between two rooms, providing a practical layout for families, students, or multi-tenant use.The lower level includes a fifth bedroom, den, and its own bathroom - ideal for a private suite, owner-occupant option, or additional income potential.Ideally situated just steps from transit with direct routes to Western University and downtown, and close to shopping, restaurants, Costco, parks, and the scenic Medway Valley trails, this high-demand location offers consistent rental appeal and long-term potential. Rooms currently rented at $880/month + utilities. Vacant possession available May 1 offering a rare opportunity to set market rents or make the property your own.

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$679,900 - 18 Chapman Court, London North

Townhouse for Sale in London North

80 days on market
5Beds
4Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
X12940248
Property Type
Townhouse
Status
active
Days on Site
80
Bedrooms
5
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London North
Listing Brokerage
OAK AND KEY REAL ESTATE BROKERAGE, INC.
Description

NO CONDO FEES. END-UNIT FREEHOLD WITH 5 BEDROOMS AND FLEXIBLE INCOME POTENTIAL NEAR WESTERN. Tucked into a cul-de-sac setting, this end-unit freehold townhouse offers a great mix of space, privacy, and flexibility - just minutes from Western University, transit, and everyday amenities. With no neighbours directly behind and added separation along one side, it feels more private than most townhomes. A sundeck, private driveway, and attached garage complete the exterior.Inside, the home is well maintained and thoughtfully laid out across multiple levels, offering both open living space and separation when needed. The main entry features a spacious foyer with laundry and direct access to the garage - ideal for everyday function and shared living. The second level is anchored by a large, open family room with soaring two-storey ceilings, creating a bright, airy feel rarely found in townhomes.The third level overlooks this space and features the kitchen, dining area, and powder room - a natural gathering space for everyday living or shared occupancy. The upper level offers four bedrooms and two full bathrooms, including a Jack & Jill shared between two rooms, providing a practical layout for families, students, or multi-tenant use.The lower level includes a fifth bedroom, den, and its own bathroom - ideal for a private suite, owner-occupant option, or additional income potential.Ideally situated just steps from transit with direct routes to Western University and downtown, and close to shopping, restaurants, Costco, parks, and the scenic Medway Valley trails, this high-demand location offers consistent rental appeal and long-term potential. Rooms currently rented at $880/month + utilities. Vacant possession available May 1 offering a rare opportunity to set market rents or make the property your own.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,488.24/mo

Includes CMHC insurance ($18,969)

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5-yr fixed avg.

Principal: $611,910Interest: $415,593
Mortgage Amount$630,879
Total Interest$415,593
Est. Property Tax$482/mo
Total Cost$1,046,472

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

18 Chapman Court, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,250/mo
Range: $2,763 - $3,737
Cap Rate (ROI)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,250
Maintenance Fees-$0
Property Tax (est.)-$482
Insurance (est.)-$142
Net Cash Flow+$2,626

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 $618/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 80 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in London North have shown strong appreciation as families seek more space.

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 4 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 $2,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    18 Chapman Court, London North | $679,900 | Battaglia Team