462 Ambleside Drive, London North

Price: $899,900

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13447112

Premium Masonville location, custom built 2,447 sq. ft. in 1993 for the original owners. This 4-bedroom home has all the space you need and more. Curb appeal at first glance with double interlock private drive. Gracious open foyer leads to the main floor den. Enjoy the chef's dream kitchen overlooking the family room with wood-burning fireplace. Family room and kitchen overlook the beautiful private landscaped lot with patio and awning for those sunset evenings. Formal dining/living room and main floor laundry. Four bedrooms upstairs. The primary bedroom has a walk-in closet and deluxe 5-piece ensuite. The other three bedrooms are very spacious and share a 4-piece bath. Lower level features a rec room, bar area, games room, and huge 3-piece bath. Tons of storage area. Basement entry to the garage is fantastic for future income potential, if desired. Close to all major amenities, UWO, University Hospital, Masonville Mall, parks, and schools.

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New Listing
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$899,900 - 462 Ambleside Drive, London North

Detached for Sale in London North

New — Listed 4 days ago
5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13447112
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
London North
Listing Brokerage
SUTTON GROUP PREFERRED REALTY INC.
Description

Premium Masonville location, custom built 2,447 sq. ft. in 1993 for the original owners. This 4-bedroom home has all the space you need and more. Curb appeal at first glance with double interlock private drive. Gracious open foyer leads to the main floor den. Enjoy the chef's dream kitchen overlooking the family room with wood-burning fireplace. Family room and kitchen overlook the beautiful private landscaped lot with patio and awning for those sunset evenings. Formal dining/living room and main floor laundry. Four bedrooms upstairs. The primary bedroom has a walk-in closet and deluxe 5-piece ensuite. The other three bedrooms are very spacious and share a 4-piece bath. Lower level features a rec room, bar area, games room, and huge 3-piece bath. Tons of storage area. Basement entry to the garage is fantastic for future income potential, if desired. Close to all major amenities, UWO, University Hospital, Masonville Mall, parks, and schools.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,616.95/mo

Includes CMHC insurance ($25,107)

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5%10%50%

5-yr fixed avg.

Principal: $809,910Interest: $550,069
Mortgage Amount$835,017
Total Interest$550,069
Est. Property Tax$637/mo
Total Cost$1,385,086

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

462 Ambleside 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)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,876

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 $450/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.

Just Listed - Act Strategically

This property hit the market within the last week. In London North's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    462 Ambleside Drive, London North | $899,900 | Battaglia Team