426 PINETREE Drive, London North

Price: $649,900

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X12590696

Looking for a unique home in Oakridge Acres? here it is, with 5 Levels there's room for everyone! Main floor boasts with space, Livingroom with fireplace , Dinning area , kitchen and oversized familyroom with gas fireplace and a walkout to your summer oasis, fully fenced rear private yard with heated inground pool to enjoy year round if you wish, and fenced side yard with playset for the little ones, 5 bedrooms , master bedtoom on the 3rd level with walkin closet , 4 piece ensuite and patio doors overlooking the back yard, and patio awaiting your finishing touches .Ground level also has a walkout to the pool! lower level boasts with family room and tons of storage space ! all in a fantastic neighbourhood, New 50 year shingles 10 years ago with transferable warranty available . why wait come and take a look and see what this home has to offer.

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$649,900 - 426 PINETREE Drive, London North

Detached for Sale in London North

109 days on market
5Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X12590696
Property Type
Detached
Status
active
Days on Site
109
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
London North
Listing Brokerage
TEAM GLASSER REAL ESTATE BROKERAGE INC.
Description

Looking for a unique home in Oakridge Acres? here it is, with 5 Levels there's room for everyone! Main floor boasts with space, Livingroom with fireplace , Dinning area , kitchen and oversized familyroom with gas fireplace and a walkout to your summer oasis, fully fenced rear private yard with heated inground pool to enjoy year round if you wish, and fenced side yard with playset for the little ones, 5 bedrooms , master bedtoom on the 3rd level with walkin closet , 4 piece ensuite and patio doors overlooking the back yard, and patio awaiting your finishing touches .Ground level also has a walkout to the pool! lower level boasts with family room and tons of storage space ! all in a fantastic neighbourhood, New 50 year shingles 10 years ago with transferable warranty available . why wait come and take a look and see what this home has to offer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.32/mo

Includes CMHC insurance ($18,132)

$
$
5%10%50%

5-yr fixed avg.

Principal: $584,910Interest: $397,255
Mortgage Amount$603,042
Total Interest$397,255
Est. Property Tax$460/mo
Total Cost$1,000,297

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

426 PINETREE Drive, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
5.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$3,105

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 $325/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.

Negotiation Opportunity

At 109 days on site, this property has exceeded the typical selling timeline for London North. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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 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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    426 PINETREE Drive, London North | $649,900 | Battaglia Team