$924,700 - 2538 Buroak Drive, London North
Detached for Sale in London North
- MLS Number
- X13236838
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
Welcome to this exceptional move-in-ready home in the highly sought-after Fox Hollow conununity of Hyde Park-one of North London's most desirable family neighborhoods. Situated on a premium lot backing onto the proposed future site of a new high school and featuring beautifully landscaped grounds, this home offers the perfect combination of luxury, convenience, and long-term value.Designed with modern family living in mind, this meticulously maintained home features 9-foot ceilings on the main floor, abundant natural light through oversized windows, hardwood flooring throughout, custom blinds, and premium finishes at every turn. The upgraded kitchen showcases elegant cabinetry, quartz countertops, stainless steel appliances, and ample space for both everyday living and entertaining.Upstairs, you'll find three spacious bedrooms, including an oversized primary retreat complete with a tray ceiling, custom walk-in closet, and luxurious ensuite featuring a soaker tub.Every detail has been thoughtfully upgraded, including custom closet systems and a professionally designed mudroom bench package valued at over $20,000.Step outside to a newly built oversized deck, perfect for hosting family gatherings and summer entertaining. Additional features include quartz surfaces throughout the home, an Energy Star certification, a pre-wired EV charger in the garage, and a professionally finished epoxy garage floor.The location is second to none-just steps from Sir Arthur Currie Public School, Foxfield District Park, and within the boundaries of some of London's most sought-after schools. Enjoy quick access to Sunningdale Golf & Country Club, Western University, University Hospital, Masonville Place, shopping, dining, and all the amenities Hyde Park has to offer.A rare opportunity to own a turnkey home where every upgrade has already been completed and every detail has been perfected. Simply move in and enjoy.
Estimate your monthly payments for this property
Estimated Payment
$4,744.19/mo
Includes CMHC insurance ($25,799)
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.
2538 Buroak 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 $462/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.
Market Position
At 16 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.
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 $3,853 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.