480 Callaway Road Unit 215, London North

Price: $549,500

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13214102

Welcome home to Northlink II, where luxury condominium living meets everyday convenience in one of North London's most desirable communities. This beautifully appointed 2-bedroom, 2-bathroom residence is filled with natural light and finished in timeless neutral tones, offering a warm and inviting atmosphere from the moment you enter. The open-concept kitchen features stainless appliances, granite countertops, a large island, and generous storage, while both bathrooms include granite surfaces and heated tile floors. The ensuite showcases a spacious walk-in shower with glass door and an impressive walk-in closet. Durable laminate/vinyl flooring runs throughout-completely carpet-free for modern, low-maintenance living. Additional comforts include central heating and air, an electric fireplace, a dedicated dining area, in-suite laundry, a pantry, linen closet, storage room, and thoughtful layout details that enhance everyday life. Step outside to your 195 sq. ft. private terrace with pergola, perfect for bright mornings or relaxed evenings with guests. A full-sized storage locker is conveniently located next door on the same level, with a private parking space on Level B and secure bicycle storage available. Northlink II offers exceptional amenities including tennis courts, landscaped outdoor spaces, patios and pathways, a fully equipped fitness centre, golf simulator, pool table, and a stunning common room with full kitchen for hosting gatherings. This is luxury, comfort, and community wrapped into one remarkable place to call home.

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$549,500 - 480 Callaway Road Unit 215, London North

Condo for Sale in London North

2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13214102
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
London North
Locker
Owned
Exposure
North East
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

Welcome home to Northlink II, where luxury condominium living meets everyday convenience in one of North London's most desirable communities. This beautifully appointed 2-bedroom, 2-bathroom residence is filled with natural light and finished in timeless neutral tones, offering a warm and inviting atmosphere from the moment you enter. The open-concept kitchen features stainless appliances, granite countertops, a large island, and generous storage, while both bathrooms include granite surfaces and heated tile floors. The ensuite showcases a spacious walk-in shower with glass door and an impressive walk-in closet. Durable laminate/vinyl flooring runs throughout-completely carpet-free for modern, low-maintenance living. Additional comforts include central heating and air, an electric fireplace, a dedicated dining area, in-suite laundry, a pantry, linen closet, storage room, and thoughtful layout details that enhance everyday life. Step outside to your 195 sq. ft. private terrace with pergola, perfect for bright mornings or relaxed evenings with guests. A full-sized storage locker is conveniently located next door on the same level, with a private parking space on Level B and secure bicycle storage available. Northlink II offers exceptional amenities including tennis courts, landscaped outdoor spaces, patios and pathways, a fully equipped fitness centre, golf simulator, pool table, and a stunning common room with full kitchen for hosting gatherings. This is luxury, comfort, and community wrapped into one remarkable place to call home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,819.22/mo

Includes CMHC insurance ($15,331)

$
$
5%10%50%

5-yr fixed avg.

Principal: $494,550Interest: $335,885
Mortgage Amount$509,881
Total Interest$335,885
Est. Property Tax$389/mo
Total Cost$845,766

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

480 Callaway Road Unit 215, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$389
Insurance (est.)-$114
Net Cash Flow+$1,237

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 $458/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 21 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 $2,290 (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.

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    480 Callaway Road Unit 215, London North | $549,500 | Battaglia Team