480 Callaway Road Unit 617, London North

Price: $549,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13207076

Experience luxury living in the highly sought-after Sunningdale community at NorthLink II. This beautifully designed 1-bedroom + den south-facing suite offers approximately 1,080 sq. ft. of elegant living space, plus an additional balcony overlooking the scenic pond and walking trails.Carpet-free throughout, the unit features engineered hardwood flooring and a bright open-concept layout designed for both comfort and style. The contemporary kitchen is upgraded with quartz countertops, stylish backsplash, white cabinetry, and a powerful range hood, seamlessly flowing into the spacious living and dining area complete with a cozy fireplace.The generous primary bedroom offers large windows, a walk-in closet, and ensuite access to the upgraded bathrooms. The versatile den provides the perfect space for a home office, guest room, or reading nook. This suite also includes one underground parking space and a convenient main-level locker.Residents enjoy access to premium, hotel-inspired amenities including a fitness centre, golf simulator, resident lounge with billiards, theatre room, sports and pickleball courts, guest suite, and beautifully landscaped outdoor terrace spaces with direct access to scenic walking trails beside Sunningdale Golf & Country Club.Ideally located just minutes from Masonville Mall, Western University, University Hospital, restaurants, and public transit, this exceptional condo offers upscale, low-maintenance living in one of North London's most desirable communities.

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$549,000 - 480 Callaway Road Unit 617, London North

Condo for Sale in London North

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13207076
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
London North
Locker
Exclusive
Exposure
South
Balcony
Enclosed
Listing Brokerage
INITIA REAL ESTATE (ONTARIO) LTD
Description

Experience luxury living in the highly sought-after Sunningdale community at NorthLink II. This beautifully designed 1-bedroom + den south-facing suite offers approximately 1,080 sq. ft. of elegant living space, plus an additional balcony overlooking the scenic pond and walking trails.Carpet-free throughout, the unit features engineered hardwood flooring and a bright open-concept layout designed for both comfort and style. The contemporary kitchen is upgraded with quartz countertops, stylish backsplash, white cabinetry, and a powerful range hood, seamlessly flowing into the spacious living and dining area complete with a cozy fireplace.The generous primary bedroom offers large windows, a walk-in closet, and ensuite access to the upgraded bathrooms. The versatile den provides the perfect space for a home office, guest room, or reading nook. This suite also includes one underground parking space and a convenient main-level locker.Residents enjoy access to premium, hotel-inspired amenities including a fitness centre, golf simulator, resident lounge with billiards, theatre room, sports and pickleball courts, guest suite, and beautifully landscaped outdoor terrace spaces with direct access to scenic walking trails beside Sunningdale Golf & Country Club.Ideally located just minutes from Masonville Mall, Western University, University Hospital, restaurants, and public transit, this exceptional condo offers upscale, low-maintenance living in one of North London's most desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,816.65/mo

Includes CMHC insurance ($15,317)

$
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5%10%50%

5-yr fixed avg.

Principal: $494,100Interest: $335,579
Mortgage Amount$509,417
Total Interest$335,579
Est. Property Tax$389/mo
Total Cost$844,996

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 617, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$389
Insurance (est.)-$114
Net Cash Flow+$1,207

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 $549/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.

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 $2,288 (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 617, London North | $549,000 | Battaglia Team