$895,000 - 2014 Ballymote Avenue, London North
Detached for Sale in London North
67 days on market- MLS Number
- X12989906
- Property Type
- Detached
- Status
- active
- Days on Site
- 67
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
Experience refined living in this exceptional residence showcasing a striking stone and stucco elevation that delivers timeless elegance and outstanding curb appeal. Thoughtfully designed with sophistication and functionality in mind, this impressive home offers over three levels of beautifully finished living space ideal for modern family living and upscale entertaining Inside, the home welcomes you with bright, open-concept principal rooms enhanced by natural light and elegant finishes throughout. A private main floor den provides the perfect executive home office or quiet retreat. At the heart of the home, the gourmet island kitchen is designed to impress, featuring abundant cabinetry, premium workspace, and a convenient bar fridge, creating an ideal setting for entertaining and everyday luxury with 5 spacious bedrooms, the home offers exceptional flexibility for growing families, guests, or multi-generational living. The fully finished lower level expands the living space with a stylish recreation area perfectly suited for movie nights, a games room, fitness space, or private guest accommodations. Step outside to your own backyard oasis - a beautifully designed outdoor retreat featuring a concrete patio, relaxing hot tub, and a large fully fenced yard offering privacy, comfort, and effortless outdoor entertaining. Blending elegant design, generous living space, and resort-style outdoor amenities, this remarkable home presents a rare opportunity to enjoy luxury living in a highly desirable setting. An extraordinary home where comfort, style, and lifestyle come together.
Estimate your monthly payments for this property
Estimated Payment
$4,591.81/mo
Includes CMHC insurance ($24,971)
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.
2014 Ballymote Avenue, London North
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Rental income estimator & ROI calculator
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 30+ years of GTA real estate experience
Competitive Pricing
At $448/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 67 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.
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.
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 $3,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.