240 Villagewalk Boulevard Unit 504, London North

Price: $714,900

3 bedrooms, 2 bathrooms

1,600 sqft

Property Type: Condo

MLS#: X12941716

Experience elevated living in this bright corner unit, showcasing panoramic views and dramatic walls of windows that flood the space w/natural light. Upgraded California shutters throughout provide complete privacy with a touch of class. Rich hardwood flooring flows seamlessly throughout, creating a warm yet sophisticated ambiance, w/the flooring-to-ceiling stone fireplace being the focal point of the great room. Designed for both everyday living and elegant entertaining, the gourmet kitchen features an island w/seating for four, complemented by two expansive pantry spaces for ultimate convenience. A versatile flex space provides endless possibilities - perfect as a private home office, formal dining room, third bedroom or an intimate reading retreat. Extend your living experience outdoors w/a beautifully appointed balcony, complete with a retractable glass enclosure and wood flooring - transforming the space into a year-round sanctuary and seamless extension of your living space. The private primary suite is a true escape from a busy day, featuring a spacious walk-in closet and a spa-inspired ensuite with a frameless glass shower and a luxurious soaker tub. A designated foyer sets the tone for the home's elegant flow, while additional features include generous closet space throughout, a new washer and dryer, 2 owned underground parking spaces right by the elevator and a large private storage locker. As part of this prestigious Tricar development, residents can enjoy access to premium amenities including an indoor salt water pool, golf simulator, fitness centre, billiards/lounge, dining room, theatre room wiwet bar, guest suite and quiet common spaces. Conveniently located just a short drive or pleasant walk to Masonville Mall, dining and grocery stores, steps away from Sunningdale Golf and Country Club and walking trails. While being only a short distance from University Hospital and Western University, this condo is a perfect blend of comfort, style and location.

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$714,900 - 240 Villagewalk Boulevard Unit 504, London North

Condo for Sale in London North

80 days on market
3Beds
2Baths
1,600Sq Ft
Condo
Property Details
MLS Number
X12941716
Property Type
Condo
Status
active
Days on Site
80
Bedrooms
3
Bathrooms
2
Square Feet
1,600 sqft
Neighbourhood
London North
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Experience elevated living in this bright corner unit, showcasing panoramic views and dramatic walls of windows that flood the space w/natural light. Upgraded California shutters throughout provide complete privacy with a touch of class. Rich hardwood flooring flows seamlessly throughout, creating a warm yet sophisticated ambiance, w/the flooring-to-ceiling stone fireplace being the focal point of the great room. Designed for both everyday living and elegant entertaining, the gourmet kitchen features an island w/seating for four, complemented by two expansive pantry spaces for ultimate convenience. A versatile flex space provides endless possibilities - perfect as a private home office, formal dining room, third bedroom or an intimate reading retreat. Extend your living experience outdoors w/a beautifully appointed balcony, complete with a retractable glass enclosure and wood flooring - transforming the space into a year-round sanctuary and seamless extension of your living space. The private primary suite is a true escape from a busy day, featuring a spacious walk-in closet and a spa-inspired ensuite with a frameless glass shower and a luxurious soaker tub. A designated foyer sets the tone for the home's elegant flow, while additional features include generous closet space throughout, a new washer and dryer, 2 owned underground parking spaces right by the elevator and a large private storage locker. As part of this prestigious Tricar development, residents can enjoy access to premium amenities including an indoor salt water pool, golf simulator, fitness centre, billiards/lounge, dining room, theatre room wiwet bar, guest suite and quiet common spaces. Conveniently located just a short drive or pleasant walk to Masonville Mall, dining and grocery stores, steps away from Sunningdale Golf and Country Club and walking trails. While being only a short distance from University Hospital and Western University, this condo is a perfect blend of comfort, style and location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,667.81/mo

Includes CMHC insurance ($19,946)

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5-yr fixed avg.

Principal: $643,410Interest: $436,987
Mortgage Amount$663,356
Total Interest$436,987
Est. Property Tax$506/mo
Total Cost$1,100,342

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

240 Villagewalk Boulevard Unit 504, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$506
Insurance (est.)-$149
Net Cash Flow+$1,545

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 $447/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 80 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,979 (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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    240 Villagewalk Boulevard Unit 504 | $714,900 | Battaglia Team