196 Wychwood Park, London North

Price: $999,900

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13214076

Welcome to 196 Wychwood Park, a fully renovated home tucked into the mature Orchard Park neighbourhood. Set on a large 79' x 124' corner lot and surrounded by towering maples and pines, this property offers exceptional privacy in one of Londons most established areas. Built by Wasko Homes and meticulously maintained, the layout is both functional and spacious, with thoughtful updates throughout. The main floor features a beautifully renovated living space from front to back, including a bright living room, an eat-in kitchen with modern finishes, a formal dining area, and a cozy family room with an open-flame gas fireplace and sliding doors leading to the private, tree-lined backyard. A stylish powder room, convenient mudroom with laundry, and direct access to the double garage complete the main level. Upstairs, you'll find a custom primary suite with a dressing room, additional large closet and a renovated 4-piece ensuite. Two additional bedrooms and a second updated 4-piece bathroom complete this level. Refinished original hardwood floors reflect natural light and add warmth to the second floor, while the main floor shows off brand new hardwood and tiled kitchen floors in this thoughtfully updated home. The fully finished basement offers two large rec rooms and ample storage; either room could easily function as a fourth bedroom for a growing family or serve as a media room for movie nights. Outside, the home features strong curb appeal with a wide paver stone driveway, low-maintenance landscaping, and a fully fenced yard. In full bloom, this property truly shines and is wrapped in a canopy of pines, maples, and cedars that create a peaceful and private outdoor space. Located just steps from the Medway Valley trail system, the highly sought-after Orchard Park Public School, and only minutes to Western University and University Hospital, this home is turn-key, warm, functional and ready to enjoy. A wonderful opportunity to call Orchard Park home.

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$999,900 - 196 Wychwood Park, London North

Detached for Sale in London North

4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13214076
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London North
Listing Brokerage
REAL BROKER ONTARIO LTD
Description

Welcome to 196 Wychwood Park, a fully renovated home tucked into the mature Orchard Park neighbourhood. Set on a large 79' x 124' corner lot and surrounded by towering maples and pines, this property offers exceptional privacy in one of Londons most established areas. Built by Wasko Homes and meticulously maintained, the layout is both functional and spacious, with thoughtful updates throughout. The main floor features a beautifully renovated living space from front to back, including a bright living room, an eat-in kitchen with modern finishes, a formal dining area, and a cozy family room with an open-flame gas fireplace and sliding doors leading to the private, tree-lined backyard. A stylish powder room, convenient mudroom with laundry, and direct access to the double garage complete the main level. Upstairs, you'll find a custom primary suite with a dressing room, additional large closet and a renovated 4-piece ensuite. Two additional bedrooms and a second updated 4-piece bathroom complete this level. Refinished original hardwood floors reflect natural light and add warmth to the second floor, while the main floor shows off brand new hardwood and tiled kitchen floors in this thoughtfully updated home. The fully finished basement offers two large rec rooms and ample storage; either room could easily function as a fourth bedroom for a growing family or serve as a media room for movie nights. Outside, the home features strong curb appeal with a wide paver stone driveway, low-maintenance landscaping, and a fully fenced yard. In full bloom, this property truly shines and is wrapped in a canopy of pines, maples, and cedars that create a peaceful and private outdoor space. Located just steps from the Medway Valley trail system, the highly sought-after Orchard Park Public School, and only minutes to Western University and University Hospital, this home is turn-key, warm, functional and ready to enjoy. A wonderful opportunity to call Orchard Park home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

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5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

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

196 Wychwood Park, 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)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,284

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 $667/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 21 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 $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    196 Wychwood Park, London North | $999,900 | Battaglia Team