$319,900 - 570 Proudfoot Lane Unit 110, London North
Condo for Sale in London North
109 days on market- MLS Number
- X12738808
- Property Type
- Condo
- Status
- active
- Days on Site
- 109
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- London North
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Easy, low-maintenance living can be yours with this well-maintained condo in one of London's most convenient neighbourhoods. This carpet-free 2 bedroom, 2 bathroom unit offers a functional layout that's ideal for first time buyers, downsizers, professionals, or investors alike. A ground floor unit means quick and easy access to the outdoors - perfect for dog owners in this pet-friendly building - or for anyone who appreciates avoiding stairs and elevators. The home has been thoughtfully cared for, offering large windows with bright natural light, comfortable living spaces and generous room sizes. Updated laminate flooring and bathroom refreshes, plus included appliances and in-suite laundry, make this property move-in ready. Enjoy an unbeatable location with schools, grocery stores, shopping, and everyday amenities all within walking distance, while downtown London's world-class restaurants, nightlife, and entertainment are just minutes away. Western University is 2.4 km away, making it walkable, or with and public transit so easily accessible, commuting a breeze. This is a fantastic opportunity to own a stylish, accessible condo in a prime location - carefree condo living at its best.
Estimate your monthly payments for this property
Estimated Payment
$1,641.25/mo
Includes CMHC insurance ($8,925)
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.
570 Proudfoot Lane Unit 110, 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 $320/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 109 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.
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.