2 Stoneycreek Crescent, London North

Price: $699,900

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12900192

Move-in ready North London home in one of the city's most desirable school districts - welcome to 2 Stoneycreek Crescent. This distinctive two-storey residence features expansive vaulted ceilings, a fully updated kitchen (2019), and a cozy sunken living room within a thoughtful, unique layout. Other interior highlights include a large renovated double-car garage, a main-floor powder room with space to add a shower, and a convenient home office. Upstairs offers three generous bedrooms and a beautifully updated four-piece bathroom with a custom niche and striking tile-work. Outside, a private, tree-lined backyard provides a peaceful retreat with a pergola, storage shed, Hot Tub, and attractive stone-style retaining wall - perfect for relaxing or entertaining. The property enjoys lots of mature trees and beautiful gardens filled with perennials, enhancing the homes curb-appeal. The large driveway also conveniently accommodates parking for 4 vehicles. The lower level adds a recreation room, cold storage and generous storage options. Recent improvements: windows, front and patio doors, garage door (2020); newer flooring, furnace and A/C (2019); siding (2020). Convenient to parks, schools, dog park, Stoney Creek Community Centre, YMCA, library, Thames River walking trails, Western University, University Hospital, Masonville Mall, St. Joseph's Hospital, Fanshawe College and transit. Ready to enjoy and make it your own!!!

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$699,900 - 2 Stoneycreek Crescent, London North

Detached for Sale in London North

4Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12900192
Property Type
Detached
Status
active
Days on Site
17
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London North
Listing Brokerage
RE/MAX CENTRE CITY REALTY INC.
Description

Move-in ready North London home in one of the city's most desirable school districts - welcome to 2 Stoneycreek Crescent. This distinctive two-storey residence features expansive vaulted ceilings, a fully updated kitchen (2019), and a cozy sunken living room within a thoughtful, unique layout. Other interior highlights include a large renovated double-car garage, a main-floor powder room with space to add a shower, and a convenient home office. Upstairs offers three generous bedrooms and a beautifully updated four-piece bathroom with a custom niche and striking tile-work. Outside, a private, tree-lined backyard provides a peaceful retreat with a pergola, storage shed, Hot Tub, and attractive stone-style retaining wall - perfect for relaxing or entertaining. The property enjoys lots of mature trees and beautiful gardens filled with perennials, enhancing the homes curb-appeal. The large driveway also conveniently accommodates parking for 4 vehicles. The lower level adds a recreation room, cold storage and generous storage options. Recent improvements: windows, front and patio doors, garage door (2020); newer flooring, furnace and A/C (2019); siding (2020). Convenient to parks, schools, dog park, Stoney Creek Community Centre, YMCA, library, Thames River walking trails, Western University, University Hospital, Masonville Mall, St. Joseph's Hospital, Fanshawe College and transit. Ready to enjoy and make it your own!!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

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5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

2 Stoneycreek Crescent, 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)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,558

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $467/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 17 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.

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 $2,916 (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.

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