What are the monthly costs for 31 Blackfriars Street, London North?

With 20% down at a 4.49% rate over 25 years, estimated monthly mortgage is approximately $1,643, property taxes ~$262/mo, and no maintenance fees listed. Total estimated monthly carrying cost: ~$1,905. Contact Joe Battaglia for a detailed cost analysis.

Is 31 Blackfriars Street a good investment?

This Detached is priced at $336/sqft. 3 bedrooms and 1 bathrooms in London North make it suitable for families or rental income. Contact the Battaglia Team for a complimentary investment analysis including rental estimates and comparable sales data.

What is the neighbourhood like around 31 Blackfriars Street?

31 Blackfriars Street is located in London North, Ontario. The area offers access to local schools, parks, transit, and amenities. The neighbourhood features established residential streets. Contact Joe Battaglia for a detailed neighbourhood report including school rankings, walk scores, and recent sales.

How do I book a showing for 31 Blackfriars Street, London North?

To book a private showing for 31 Blackfriars Street, contact Joe Battaglia directly at (416) 564-6611 or use the "Schedule a Showing" button on this page. Joe typically responds within 1 hour and can arrange same-day or next-day viewings. Virtual tours may also be available upon request.

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$369,900 - 31 Blackfriars Street, London North

Detached for Sale in London North

39 days on market

3Beds

1Baths

1,100 - 1,499Sq Ft

Detached

Property Details

MLS Number: X13110052
Property Type: Detached
Status: active
Days on Site: 39
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,100 - 1,499 sqft
Neighbourhood: London North
Listing Brokerage: THRIVE REALTY GROUP INC.

Description

Surprisingly spacious and packed with potential, this Blackfriars bungalow offers outstanding value in one of London's most desirable core neighbourhoods! Featuring 3 bedrooms, a full bathroom, main floor laundry, a versatile bonus room, and an oversized kitchen with generous eating area, this home is designed for comfortable everyday living with plenty of flexibility. The bright and inviting living room creates a welcoming atmosphere, while the second-floor bonus space and expansive lower level provide endless opportunities for additional living space, storage, a home office, or hobby area. Situated on an impressive 165' deep lot, the backyard is perfect for entertaining, relaxing, gardening, or enjoying summer evenings outdoors. Conveniently located just minutes from Downtown London, schools, parks, shopping, transit, Western University, and Fanshawe College, this location is ideal for families, first-time buyers, investors, or those looking to be close to the city's best amenities. Recent updates include roof shingles (2019), fresh paint (2026), front door (2026), and more. An exciting opportunity in the heart of the city!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,897.78/mo

Includes CMHC insurance ($10,320)

Purchase Price

Down Payment

5%10%50%

Interest Rate (%)

5-yr fixed avg.

Amortization

Frequency

Principal: $332,910Interest: $226,103

Mortgage Amount$343,230

Total Interest$226,103

Est. Property Tax$262/mo

Total Cost$569,334

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.

Walk Score

Varies

Price Range

31 Blackfriars Street, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent

$2,800/mo

Range: $2,380 - $3,220

Cap Rate (ROI)

8.0%

Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800

Maintenance Fees-$0

Property Tax (est.)-$262

Insurance (est.)-$77

Net Cash Flow+$2,461

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 $336/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 39 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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