2343 TOKALA Trail, London North

Price: $949,900

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: New Construction

MLS#: X13043880

WELCOME TO 2343 TOKALA TRAIL, Granny Suite with separate Entrance, A perfect property for Large family, and extra rental income potential, located in the highly desired North-West London. The Modern open concept two-storey home features Approx 2620 sq.ft, 5 bedrooms & 4.5 baths. Three Living Rooms, Exterior features brick & stucco front facade, Insulated Garage doors with windows. The main floor features 9' ceilings, engineered hardwood, oversized windows, loaded with pot lights & upgraded light fixtures. Modern oversized kitchen features quartz counters, large Island, upgraded cabinetry, with stainless steel appliances including built in gas cooktop, built in microwave and oven, matching range hood. Dining room has oversized windows with access to the stunning private backyard, perfect for entertaining! Great room has gas fireplace with custom tiled wall. Wood staircase leads to upper level Living Room with hardwood. Master suite features walk-in-closet with built-in storage & spa-like ensuite with glass shower, freestanding tub, double sink vanity with quartz counters . Additional 3 good sized bedrooms have upgraded carpet with large closets, Jack & Jill bath access, and additional 3rd full washroom. Basement is finished with a kitchenette, bedroom, 3 piece bathroom and large size rec-room with large windows bringing so much sunlight inside. This is a great value for size of the property and the features.

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$949,900 - 2343 TOKALA Trail, London North

New Construction for Sale in London North

53 days on market
5Beds
4Baths
2,500 - 2,999Sq Ft
New Construction
Property Details
MLS Number
X13043880
Property Type
New Construction
Status
active
Days on Site
53
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
London North
Listing Brokerage
NU-VISTA PINNACLE REALTY BROKERAGE INC
Description

WELCOME TO 2343 TOKALA TRAIL, Granny Suite with separate Entrance, A perfect property for Large family, and extra rental income potential, located in the highly desired North-West London. The Modern open concept two-storey home features Approx 2620 sq.ft, 5 bedrooms & 4.5 baths. Three Living Rooms, Exterior features brick & stucco front facade, Insulated Garage doors with windows. The main floor features 9' ceilings, engineered hardwood, oversized windows, loaded with pot lights & upgraded light fixtures. Modern oversized kitchen features quartz counters, large Island, upgraded cabinetry, with stainless steel appliances including built in gas cooktop, built in microwave and oven, matching range hood. Dining room has oversized windows with access to the stunning private backyard, perfect for entertaining! Great room has gas fireplace with custom tiled wall. Wood staircase leads to upper level Living Room with hardwood. Master suite features walk-in-closet with built-in storage & spa-like ensuite with glass shower, freestanding tub, double sink vanity with quartz counters . Additional 3 good sized bedrooms have upgraded carpet with large closets, Jack & Jill bath access, and additional 3rd full washroom. Basement is finished with a kitchenette, bedroom, 3 piece bathroom and large size rec-room with large windows bringing so much sunlight inside. This is a great value for size of the property and the features.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,873.48/mo

Includes CMHC insurance ($26,502)

$
$
5%10%50%

5-yr fixed avg.

Principal: $854,910Interest: $580,632
Mortgage Amount$881,412
Total Interest$580,632
Est. Property Tax$673/mo
Total Cost$1,462,044

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

2343 TOKALA Trail, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$673
Insurance (est.)-$198
Net Cash Flow+$3,079

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 $380/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 53 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.

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 $3,958 (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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    2343 TOKALA Trail, London North | $949,900 | Battaglia Team