$1,189,000 - 1934 Wateroak Drive, London North
Single Family Home for Sale in London North
New — Listed 6 days ago- MLS Number
- X12798142
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 6
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 sqft
- Neighbourhood
- London North
- Listing Brokerage
- KELLER WILLIAMS LIFESTYLES
Welcome to 1934 Wateroak Drive, a rare find in Northwest London! This 3 + 2 bedroom, 3 full bath 1831 square foot bungalow on a walkout lot with second unit and backing on to the ravine is better than brand new! Large front entrance with 10 foot tray ceiling, main-floor laundry, 3 bedrooms and 2 full baths on the main plus a bonus office. The great room is a sprawling space perfect for entertaining, large family gatherings and relaxing one floor everyday living. Beautiful hardwood flooring, 10 foot tray ceilings, crown moulding, cozy fireplace and a wall of windows is just the beginning. The timeless kitchen with huge island is great for buffet service and also has cabinets on both sides for bonus storage. The spacious primary bedroom with its large walk in closet has built in storage with all the extras including jewellery pullouts and built in laundry bags. Starting your day is a breeze with so much useful cabinetry in the ensuite bath plus a glass & tile shower. The 25 foot covered deck overlooking the ravine extends your living space for much of the season plus a lower level patio for the second unit. This walkout was designed to have a fully separate apartment with 2 bedrooms, a charming second kitchen and a wall of windows while the main floor unit still maintains access to your office, workout room and utility room with plenty of storage. The bright and cheerful lower level in-law suite has full access to the backyard, spacious great room big enough for a full dining set, 2 large bedrooms and a charming galley kitchen with feature back splash, vented gas stove, plenty of pot drawers and convenient pantry. It's a joy to cook in! Easy care quality flooring, full bath with a glass shower and large bedrooms create a wonderful space for your loved ones to relax and enjoy! Concrete driveway, fully fenced yard and XL garage fits 2 large cars and storage for bikes or tools. Book your private tour today!
Estimate your monthly payments for this property
Estimated Payment
$5,259.35/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.
1934 Wateroak 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 25+ years of GTA real estate experience
Competitive Pricing
At $793/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.
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 $4,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.