2590 Tokala Trail, London North

Price: $879,000

6 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12524610

Welcome to Foxfield, a high-sought after neighbourhood in Northwest London. This six-bedroom, four-bathroom, two-kitchen house, which was built in 2013 offers many options for new potential owners. With a basement kitchen and egress windows, this property could be suited for those looking for an in-law suite, multi-generational living, an income generator, or even as a full investment property. Located close to Western, this location appeals to students and young professionals with great access to public transportation as well as all local amenities. The main floor offers plenty of space to spread out, with high ceilings, hardwood and tile floors, and two living areas that work great for relaxing or entertaining. The kitchen features quartz counters, stainless steel appliances, lots of storage, and opens directly to a deck overlooking the fully fenced backyard.Upstairs, you'll find four nicely sized bedrooms, including a large primary with walk-in closet and private 4-piece ensuite. A second 4-piece bath is also located upstairs. The finished basement adds even more living space with an in-law suite that includes a kitchenette, large rec room, two bedrooms, and another 4-piece bath.Welcome to 2590 Tokala Trail!

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$879,000 - 2590 Tokala Trail, London North

Detached for Sale in London North

107 days on market
6Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12524610
Property Type
Detached
Status
active
Days on Site
107
Bedrooms
6
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London North
Lot Size
4,227 sqft
Listing Brokerage
THE REALTY FIRM INC.
Description

Welcome to Foxfield, a high-sought after neighbourhood in Northwest London. This six-bedroom, four-bathroom, two-kitchen house, which was built in 2013 offers many options for new potential owners. With a basement kitchen and egress windows, this property could be suited for those looking for an in-law suite, multi-generational living, an income generator, or even as a full investment property. Located close to Western, this location appeals to students and young professionals with great access to public transportation as well as all local amenities. The main floor offers plenty of space to spread out, with high ceilings, hardwood and tile floors, and two living areas that work great for relaxing or entertaining. The kitchen features quartz counters, stainless steel appliances, lots of storage, and opens directly to a deck overlooking the fully fenced backyard.Upstairs, you'll find four nicely sized bedrooms, including a large primary with walk-in closet and private 4-piece ensuite. A second 4-piece bath is also located upstairs. The finished basement adds even more living space with an in-law suite that includes a kitchenette, large rec room, two bedrooms, and another 4-piece bath.Welcome to 2590 Tokala Trail!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,509.73/mo

Includes CMHC insurance ($24,524)

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5-yr fixed avg.

Principal: $791,100Interest: $537,294
Mortgage Amount$815,624
Total Interest$537,294
Est. Property Tax$623/mo
Total Cost$1,352,918

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

2590 Tokala Trail, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$623
Insurance (est.)-$183
Net Cash Flow+$3,194

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 $586/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 107 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.

Excellent Flexibility

With 6 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 $3,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2590 Tokala Trail, London North | $879,000 | Battaglia Team