1864 Downes Court, London North

Price: $799,900

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13203570

THE FAMILY HOME YOU'VE WAITING FOR! Court living is something special ---and this address delivers it in full. Tucked away from through traffic on a quiet, low-key court, this is the kind of street where kids can play outside, neighbours wave from the driveway and you actually know the neighbours next door. This warm and well-designed 4 bedroom home offers the space and flow that busy families dream about. The open concept kitchen, eating area and great room form a natural hub for the household and a walk-in pantry helps keep it organized. Four comfortable bedrooms give everyone their own space and 2 1/2 bathrooms mean mornings are never a scramble. There is a large room formerly used as a dining room which now functions as a home office and a main floor laundry keeps daily life running smoothly. Patio doors lead from the main space to a large fenced yard anchored by a cement patio shaded by a wisteria covered pergola. An active family has grown up here and it is time to pass it on to a new one. Might it be yours?

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$799,900 - 1864 Downes Court, London North

Detached for Sale in London North

4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13203570
Property Type
Detached
Status
active
Days on Site
23
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London North
Lot Size
7,373 sqft
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Description

THE FAMILY HOME YOU'VE WAITING FOR! Court living is something special ---and this address delivers it in full. Tucked away from through traffic on a quiet, low-key court, this is the kind of street where kids can play outside, neighbours wave from the driveway and you actually know the neighbours next door. This warm and well-designed 4 bedroom home offers the space and flow that busy families dream about. The open concept kitchen, eating area and great room form a natural hub for the household and a walk-in pantry helps keep it organized. Four comfortable bedrooms give everyone their own space and 2 1/2 bathrooms mean mornings are never a scramble. There is a large room formerly used as a dining room which now functions as a home office and a main floor laundry keeps daily life running smoothly. Patio doors lead from the main space to a large fenced yard anchored by a cement patio shaded by a wisteria covered pergola. An active family has grown up here and it is time to pass it on to a new one. Might it be yours?

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

$
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5%10%50%

5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

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

1864 Downes Court, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,466

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 $533/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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London North. Good resale value as demand remains consistent.

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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1864 Downes Court, London North | $799,900 | Battaglia Team