$932,900 - 327 Richmeadow Road, London North
Detached for Sale in London North
44 days on market- MLS Number
- X13089160
- Property Type
- Detached
- Status
- active
- Days on Site
- 44
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
Welcome to 327 Richmeadow Rd., a stunning custom-built 4-bedroom, 4-bathroom home situated on a premium lot backing onto protected green space for ultimate privacy. Thoughtfully designed and beautifully updated, this home offers over 3,000 sq. ft. of exceptional living space. The main floor features elegant crown molding, hardwood flooring, and an inviting open layout with integrated speakers. A front office provides the perfect work-from-home setup and can easily be converted into a 5th bedroom or flex space. The kitchen is equipped with quartz countertops and plenty of workspace for the home chef. Upstairs, you'll find 3 oversized bedrooms, including a luxurious primary retreat with a massive walk-in closet and a spa-like ensuite (2023) featuring quartz counters, soft-close cabinetry, heated flooring, a soaker tub, and a shower with 2 shower heads that doubles as a full steam room! Laundry is conveniently located on the upper level, with custom cabinets and a built-in drain for peace of mind. The lower level adds a 4th bedroom, full bathroom, and additional living space perfect for guests or extended family. Enjoy outdoor living in your secluded backyard with a hot tub (new motor 2023), pond, shed, and playhouse, both equipped with hydro. Additional updates and features include: steel roof (2011), new downspouts, eavestroughs & gutter guards (2024), A/C compressor (2020), hardwood in the primary suite, and carpet in the 2 upstairs bedrooms (2019). The oversized and insulated garage offers a 220V plug for a heater. This property combines timeless finishes with modern upgrades in a highly desirable location, truly a rare opportunity.
Estimate your monthly payments for this property
Estimated Payment
$4,786.26/mo
Includes CMHC insurance ($26,028)
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.
327 Richmeadow Road, 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 $466/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 44 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 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 $3,887 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.