$2,600/mo - 499 Sophia Crescent Unit 56, London North
Condo for Rent in London North
40 days on market- MLS Number
- X13108194
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,600 sqft
- Neighbourhood
- London North
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to 499 West Condominiums, located in the highly desirable Hyde Park community of London. This stunning end-unit condominium offers the perfect blend of modern elegance, premium craftsmanship, and functional living space in one of the city's most sought-after neighbourhoods.Built by the reputable Palumbo Homes, this quality residence features approximately 1,669 sq. ft. above grade, plus an additional 659 sq. ft. of professionally finished lower-level living space. From the moment you step inside, you'll appreciate the immaculate condition, contemporary design, and exceptional attention to detail throughout.The bright open-concept main floor is designed for both comfortable everyday living and effortless entertaining. The spacious great room is highlighted by a cozy gas fireplace, while the modern kitchen showcases quartz countertops, a large center island, stylish cabinetry, and ample workspace. Hardwood flooring throughout the main level adds warmth and sophistication. Step outside to the private south-facing deck, offering the perfect space to relax or entertain outdoors.The upper level features a spacious primary retreat complete with a luxurious ensuite bath, along with two additional generously sized bedrooms and the convenience of second-floor laundry.The professionally finished lower level expands the living space with endless possibilities for a family room, recreation area, home office, or guest suite, complemented by a beautifully finished 3-piece bathroom.Additional highlights include an attached single-car garage, modern finishes throughout, premium construction quality, and a prime location close to parks, schools, shopping, restaurants, and all amenities Hyde Park has to offer. A rare opportunity to own a spotless, move-in-ready home that perfectly combines style, comfort, and convenience in a contemporary setting.
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.
499 Sophia Crescent Unit 56, London North
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,600/mo, this is priced below the typical 3-bedroom rent of ~$3,500/mo in London North. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 40 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.