$575,000 - 22 Tanoak Drive, London North
Semi-Detached for Sale in London North
50 days on market- MLS Number
- X13061366
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 50
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- KELLER WILLIAMS LIFESTYLES
Welcome to 22 Tanoak Drive in London! This well cared for and updated 2 storey home is located in one of the city's most desirable family neighbourhoods. This beautiful property features 4 bathrooms and 4 generous sized bedrooms, including a spacious primary suite complete with a large walk-in closet and a private ensuite bathroom. This home offers a bright and inviting layout with modern updates throughout, providing both comfort and style. The finished basement adds valuable living space, perfect for a growing family, a home office, or a recreation area. Several recent updates enhance the home's appeal and peace of mind including new premium water resistant laminate flooring, fully renovated main floor bathroom, new carpet on stairs, fibreglass shingles 2025, new deck and privacy wall 2024. Nestled in a quiet, tree-lined community in northwest London, this home is surrounded by excellent schools, parks, and walking trails, including the scenic Medway Valley Heritage Forest. Residents enjoy easy access to shopping, restaurants, and all amenities, Quick access to major roadways like Fanshawe Park Road and Wonderland Road are just minutes away. This home's close proximity to Western University and University Hospital make it an ideal choice for families, professionals, or investors alike. Move-in ready and full of charm, 22 Tanoak Drive offers the perfect blend of comfort, convenience, and community! Book your private viewing today!
Estimate your monthly payments for this property
Estimated Payment
$2,950.05/mo
Includes CMHC insurance ($16,043)
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.
22 Tanoak 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 30+ years of GTA real estate experience
Competitive Pricing
At $523/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 50 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.
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 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 $2,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.