$1,059,000 - 26 GRASMERE Crescent, London North
New Construction for Sale in London North
32 days on market- MLS Number
- X12655902
- Property Type
- New Construction
- Status
- active
- Days on Site
- 32
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 sqft
- Neighbourhood
- London North
- Listing Brokerage
- STREETCITY REALTY INC.
Located in Masonville, one of North London most sought-after communities, this exceptional home sits on a quiet, desirable crescent with no sidewalk offering driveway parking for up to four vehicles. Step inside to a welcoming foyer full of charm and character. The main floor features a private office, a formal dining room, a cozy family room with a brick fireplace, and a bright breakfast area with direct access to the backyard. The newly renovated kitchen is a standout, showcasing quartz countertops, a new ventilation system, a brand-new stove, and a new dishwasher. Upstairs, you'll find a spacious primary bedroom along with three additional large bedrooms. The beautifully updated ensuite includes both a bathtub and a shower, while the renovated main bathroom boasts a large walk-in shower and dual sinks. The fully finished basement offers a generous games room, a guest bedroom, and a full bathroom--ideal for entertaining or extended family stays. Additional highlights include: new engineered hardwood flooring on the main and second floors, brand-new windows for the whole house plus windows on the main floor with aluminum cladding, new Anti-Slip tile flooring in wet areas, fresh paint throughout using premium Benjamin Moore paints. Located just steps from a beautiful park and minutes from Masonville Public School, Masonville Place, Western University, University Hospital, and many other amenities. Don't miss this move-in-ready gem!
Estimate your monthly payments for this property
Estimated Payment
$4,684.31/mo
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.
26 GRASMERE Crescent, 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 25+ years of GTA real estate experience
Competitive Pricing
At $424/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 32 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.
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 $4,413 (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.