$599,900 - 42 Annadale Drive, London North
Detached for Sale in London North
41 days on market- MLS Number
- X13106544
- Property Type
- Detached
- Status
- active
- Days on Site
- 41
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London North
- Listing Brokerage
- RE/MAX CENTRE CITY REALTY INC.
Nestled in the highly desirable Sherwood Forest neighbourhood of London, ON, this spacious 4 bedroom, 2.5 bathroom family home offers an incredible opportunity to create something truly special. With solid bones and a functional layout, it's the perfect canvas for your vision and updates. The main floor features a traditional design with a formal living room, dining room - ideal for entertaining - as well as a cozy family room with fireplace and sliding glass doors to the backyard. Handy main-floor laundry, kitchen equipped with Corian countertops and offering ample storage with the added pantry. Upstairs you'll find four generously sized bedrooms, including a primary bedroom with private ensuite bath. The unspoiled lower level provides endless potential for additional living space, a rec-room or maybe even a home gym. Outside, enjoy a mature, fenced yard - perfect for children, pets and summer gatherings. The double car attached garage with inside entry adds everyday convenience. Updated furnace and AC in 2024, sump pump with battery back-up in recent years, kitchen cabinetry updated and vinyl windows, rear fencing is currently being replaced. Family friendly neighbourhood located close to parks, community and rec center, restaurants, shopping and all amenities. This home is a rare opportunity to invest in a prime location and transform it into your dream home!
Estimate your monthly payments for this property
Estimated Payment
$3,077.80/mo
Includes CMHC insurance ($16,737)
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.
42 Annadale Drive, 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 $400/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 41 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 3 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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.