$720,000 - 480 Callaway Road Unit 416, London North
Condo for Sale in London North
100 days on marketNeighbourhood: North R
- MLS Number
- X12871618
- Property Type
- Condo
- Status
- active
- Days on Site
- 100
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- London North
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
Welcome to Unit #416 - 480 Callaway Road, located in one of London's most prestigious condominium developments. Built by Tricar and known as North Link II. This stunning suite features a bright, open layout with beautiful finishes, thoughtfully designed to impress from the moment you step inside. Offering 2 generous bedrooms plus a separate den and 2 full bathrooms, the floor plan perfectly balances elegance with everyday functionality. The suite offers 1,595 sq ft of interior living space, along with additional bonus outdoor space including a terrace (135 sq ft) and a balcony (30 sq ft). The gourmet kitchen includes stainless steel appliances, ample cabinetry, a stylish backsplash, and an island that overlooks the dining area and living room with a fireplace, creating an ideal space for entertaining or relaxing in comfort. Step out onto the terrace to enjoy breathtaking south-facing views, perfect for soaking in the beautiful scenery and abundant natural light throughout the day. The primary bedroom features its own ensuite bathroom with double sinks, a glass shower, and a soaker tub, along with private balcony access. A spacious in-suite laundry room for added convenience and comfort. Two side-by-side underground parking spaces complete this exceptional offering. Residents enjoy outstanding amenities, including a fitness centre, golf simulator, outdoor sports court, and a guest suite for overnight visitors. The sophisticated residents' lounge features a billiards table for relaxing and socializing, while a separate elegant dining area provides the perfect space to entertain family and friends in style. Conveniently located just steps from Sunningdale Golf and Country Club and minutes from Western University, University Hospital, Masonville Place, scenic walking trails, and top-rated schools. This prime North London address combines convenience with an exceptional lifestyle. Experience luxury condo living at its finest!
Estimate your monthly payments for this property
Estimated Payment
$3,693.97/mo
Includes CMHC insurance ($20,088)
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 North R
North R 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 North R
- •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
North R 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.
480 Callaway Road Unit 416, 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 $514/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 100 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.
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.
About North R
I know North R well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $3,000 (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.