$3,200/mo - 2147 Wateroak Drive, London North
Detached for Rent in London North
- MLS Number
- X13228322
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to this exceptional contemporary detached home in the heart of highly desirable Northwest London, offering the perfect blend of luxury, functionality, and modern design. Situated on a premium corner lot, this beautifully maintained 2-storey residence features a fully finished basement and an impressive open-concept layout designed for comfortable family living and effortless entertaining. Step into the grand foyer with soaring ceilings and elegant ceramic flooring, leading to a stunning main floor with 9-ft ceilings and an expansive great room highlighted by dramatic 13-ft cathedral ceilings and oversized windows that flood the space with natural light. The stylish chef-inspired kitchen showcases full-height cabinetry, granite countertops, a large centre island with breakfast seating, and stainless steel appliances including a gas stove. Upstairs, you'll find 3 spacious bedrooms including a serene primary suite complete with a walk-in closet and private ensuite bath. Main floor laundry offers added everyday convenience. The professionally finished basement provides incredible additional living space featuring a large recreation area, games space, home office/den, cold cellar, and rough-in for a future bathroom-ideal for extended family use or future customization. Loaded with premium upgrades including over 100 pot lights, central air conditioning, HRV system, and full Cat6/coax wiring throughout for seamless modern connectivity. Exterior features include a double car garage with inside entry, paver stone driveway, concrete patio, and a fully fenced backyard perfect for relaxing or entertaining outdoors. Located close to excellent schools, parks, trails, shopping, restaurants, golf courses, transit, and major highways, this move-in-ready home offers outstanding value in one of London's most sought-after communities. A rare opportunity you won't want to miss!
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.
2147 Wateroak Drive, London North
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $3,200/mo, this is priced below the typical 4-bedroom rent of ~$4,200/mo in London North. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 15 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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.