$729,900 - 480 Palmtree Avenue, London North
Detached for Sale in London North
Popular Listing- MLS Number
- X13241436
- Property Type
- Detached
- Status
- active
- Days on Site
- 10
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London North
- Listing Brokerage
- THRIVE REALTY GROUP INC.
Beautifully renovated 3+1 bedroom, 2 full bathroom bungalow in sought-after Oakridge, situated on a large 75' x 122' lot in a family-friendly neighbourhood known for its top-rated schools, parks, and amenities. Extensively renovated from top to bottom in 2026, this move-in-ready home features a bright open-concept layout with a stunning kitchen complete with a large peninsula, brand-new appliances, luxury vinyl flooring, a fireplace feature wall, and oversized windows (all updated in 2026) that flood the space with natural light. The main floor offers three generous bedrooms and a stylish 5-piece bathroom with double sinks, while the finished lower level adds a fourth bedroom with an egress window, a second fireplace feature wall, a spacious rec room perfect for family gatherings, a games room, home theatre, or whatever suits your lifestyle, plus a full 3-piece bathroom, separate laundry room, large storage room, utility room, and cold room. Major updates include all windows, garage door, exterior doors, electrical panel, most plumbing, full kitchen renovation, all bathrooms, flooring, interior doors and hardware, and hardscaping, all completed in 2026, with the furnace, central air conditioning, and hot water tank updated in 2020. Outside, enjoy a new covered front porch, attached single-car garage, and a spacious fenced backyard, making this an exceptional opportunity to own a turnkey home in one of London's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,744.77/mo
Includes CMHC insurance ($20,364)
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.
480 Palmtree Avenue, 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
Fair Market Value
At $1043/sqft, this property is priced in line with current London North market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London North. Good resale value as demand remains consistent.
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 $3,041 (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.