26 GRASMERE Crescent, London North

Price: $929,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: New Construction

MLS#: X13445450

Located in desirable Masonville, one of North London's most sought-after communities, this beautifully updated home offers mature greenery, a quiet setting free from construction noise and dust, and a larger lot than most newer homes. Situated on a quiet crescent with no sidewalk, the property offers 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, formal dining room, cozy family room with brick fireplace, bright breakfast area with backyard access, and a newly renovated kitchen with quartz countertops, new ventilation system, brand-new stove, and new dishwasher. Upstairs offers a spacious primary bedroom plus three large bedrooms. The updated ensuite includes a tub and shower, while the renovated main bath features a large walk-in shower and dual sinks. The fully finished basement includes a large games room, guest bedroom, and full bathroom. Additional updates include new engineered hardwood flooring on the main and second floors, brand-new windows, anti-slip tile flooring in wet areas, and fresh Benjamin Moore paint throughout. Conveniently located near parks, Masonville Public School, Masonville Place, Western University, University Hospital, and many amenities. Move-in ready!

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New Listing
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$929,000 - 26 GRASMERE Crescent, London North

New Construction for Sale in London North

New — Listed 2 days ago
5Beds
4Baths
2,500 - 2,999Sq Ft
New Construction
Property Details
MLS Number
X13445450
Property Type
New Construction
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
London North
Listing Brokerage
STREETCITY REALTY INC.
Description

Located in desirable Masonville, one of North London's most sought-after communities, this beautifully updated home offers mature greenery, a quiet setting free from construction noise and dust, and a larger lot than most newer homes. Situated on a quiet crescent with no sidewalk, the property offers 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, formal dining room, cozy family room with brick fireplace, bright breakfast area with backyard access, and a newly renovated kitchen with quartz countertops, new ventilation system, brand-new stove, and new dishwasher. Upstairs offers a spacious primary bedroom plus three large bedrooms. The updated ensuite includes a tub and shower, while the renovated main bath features a large walk-in shower and dual sinks. The fully finished basement includes a large games room, guest bedroom, and full bathroom. Additional updates include new engineered hardwood flooring on the main and second floors, brand-new windows, anti-slip tile flooring in wet areas, and fresh Benjamin Moore paint throughout. Conveniently located near parks, Masonville Public School, Masonville Place, Western University, University Hospital, and many amenities. Move-in ready!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,766.25/mo

Includes CMHC insurance ($25,919)

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5%10%50%

5-yr fixed avg.

Principal: $836,100Interest: $567,856
Mortgage Amount$862,019
Total Interest$567,856
Est. Property Tax$658/mo
Total Cost$1,429,875

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

26 GRASMERE Crescent, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$658
Insurance (est.)-$194
Net Cash Flow+$3,098

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 $372/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.

Just Listed - Act Strategically

This property hit the market within the last week. In London North's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $3,871 (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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    26 GRASMERE Crescent, London North | $929,000 | Battaglia Team