$579,000 - 46 MONMORE Road, London North
Detached for Sale in London North
- MLS Number
- X13184430
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London North
- Lot Size
- 6,028 sqft
- Listing Brokerage
- NU-VISTA PINNACLE REALTY BROKERAGE INC
3+2 Bedrooms | 2 Full Baths | 2 Kitchens | 50 x 120 Ft Lot. An unbeatable opportunity in one of north-west London's most desirable family neighborhoods! Welcome to 46 Monmore Road - a beautifully maintained turnkey home offering the perfect blend of comfortable family living and excellent income potential. Featuring 3 spacious bedrooms on the main floor plus a fully finished 2-bedroom lower-level granny suite with separate entrance, this home is ideal for first-time buyers, multi-generational families, or savvy investors. Live upstairs and rent downstairs to help offset your mortgage! The bright and inviting main level offers a sun-filled living room, spacious kitchen, and open-concept dining area perfect for family gatherings. Downstairs, enjoy a complete second living space with full kitchen, large family room, 2 generous bedrooms, and full bath. Outside, enjoy exceptional curb appeal with landscaped front and rear yards, private driveway, single-car garage, fully fenced backyard, and a walk-out patio featuring a charming 10 x 12 pergola - perfect for entertaining. Located within sought-after school districts and surrounded by parks, shopping, restaurants, churches, fitness centers, University Hospital, and other major amenities. Move-in ready and packed with value - don't miss this one! Some pics are virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$2,970.57/mo
Includes CMHC insurance ($16,154)
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.
46 MONMORE Road, London North
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Rental income estimator & ROI calculator
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 $526/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 22 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.
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.
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 $2,413 (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.