240 Villagewalk Boulevard Unit 813, London North

Price: $489,900

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X12655422

1111 sqft, PREMIUM MODEL located in North London. Features include 1+1 (den). Primary bedroom with a fire place, a walk-in closet, and a bedroom sized den. Open concept, Kitchen island completed with a breakfast bar, granite counter top and stainless-steel appliances. Living room with a fire place, gorgeous north view balcony and separate laundry room/storage space. The unit includes one underground parking spot. Heating and air-conditioning are included in condo fee except individual hydro. Full of amenities for the residents: indoor heated pool, exercise facility, party room, billiards room, video room, outdoor patio with a barbeque area and guest suites. Close to golf, UWO, Masonville Mall, University Hospital. Walk to your favorite Sushi place or coffee shop.

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$489,900 - 240 Villagewalk Boulevard Unit 813, London North

Condo for Sale in London North

53 days on market
2Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X12655422
Property Type
Condo
Status
active
Days on Site
53
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
London North
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
NU-VISTA PINNACLE REALTY BROKERAGE INC
Description

1111 sqft, PREMIUM MODEL located in North London. Features include 1+1 (den). Primary bedroom with a fire place, a walk-in closet, and a bedroom sized den. Open concept, Kitchen island completed with a breakfast bar, granite counter top and stainless-steel appliances. Living room with a fire place, gorgeous north view balcony and separate laundry room/storage space. The unit includes one underground parking spot. Heating and air-conditioning are included in condo fee except individual hydro. Full of amenities for the residents: indoor heated pool, exercise facility, party room, billiards room, video room, outdoor patio with a barbeque area and guest suites. Close to golf, UWO, Masonville Mall, University Hospital. Walk to your favorite Sushi place or coffee shop.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,513.44/mo

Includes CMHC insurance ($13,668)

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5-yr fixed avg.

Principal: $440,910Interest: $299,454
Mortgage Amount$454,578
Total Interest$299,454
Est. Property Tax$347/mo
Total Cost$754,032

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 813, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$1,261

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 $490/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.

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.

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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