572 Thistlewood Drive Unit 7, London North

Price: $570,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12703840

Welcome to 572 Thistlewood Dr, Unit #7 - a beautifully maintained home in the highly sought-after Stoney Creek Meadows community of North London. This residence offers the perfect balance of comfort, space, and low-maintenance condo living. The open-concept main level features soaring vaulted ceilings, rich laminate flooring, and a bright, airy flow through the great room, dining area, and designer kitchen with stainless steel appliances, a four-seat breakfast bar, and ceramic tile flooring. The main floor primary suite includes a vaulted ceiling, dual closets, and a private 3-piece ensuite, along with a second spacious bedroom, 4-piece bath, and convenient laundry room. The fully finished lower level expands your living space with a large rec room featuring a cozy fireplace, an additional bedroom, a 3-piece bath, and generous storage ideal for a home gym or hobby area. Enjoy outdoor living on the private rear deck, perfect for BBQs and relaxing. Additional highlights include a double-car garage, central vacuum, and three comfort-height toilets. Ideally located within walking distance to top-rated schools, shopping, dining, and everyday amenities, this move-in ready home is a rare opportunity in one of North London's most desirable communities. Don't miss your chance to call it home.

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$570,000 - 572 Thistlewood Drive Unit 7, London North

Condo for Sale in London North

109 days on market
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12703840
Property Type
Condo
Status
active
Days on Site
109
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
London North
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
VILENSKY REALTY
Description

Welcome to 572 Thistlewood Dr, Unit #7 - a beautifully maintained home in the highly sought-after Stoney Creek Meadows community of North London. This residence offers the perfect balance of comfort, space, and low-maintenance condo living. The open-concept main level features soaring vaulted ceilings, rich laminate flooring, and a bright, airy flow through the great room, dining area, and designer kitchen with stainless steel appliances, a four-seat breakfast bar, and ceramic tile flooring. The main floor primary suite includes a vaulted ceiling, dual closets, and a private 3-piece ensuite, along with a second spacious bedroom, 4-piece bath, and convenient laundry room. The fully finished lower level expands your living space with a large rec room featuring a cozy fireplace, an additional bedroom, a 3-piece bath, and generous storage ideal for a home gym or hobby area. Enjoy outdoor living on the private rear deck, perfect for BBQs and relaxing. Additional highlights include a double-car garage, central vacuum, and three comfort-height toilets. Ideally located within walking distance to top-rated schools, shopping, dining, and everyday amenities, this move-in ready home is a rare opportunity in one of North London's most desirable communities. Don't miss your chance to call it home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,924.40/mo

Includes CMHC insurance ($15,903)

$
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5%10%50%

5-yr fixed avg.

Principal: $513,000Interest: $348,416
Mortgage Amount$528,903
Total Interest$348,416
Est. Property Tax$404/mo
Total Cost$877,319

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

572 Thistlewood Drive Unit 7, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$404
Insurance (est.)-$119
Net Cash Flow+$1,617

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 $475/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.

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 3 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.

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 $2,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    572 Thistlewood Drive Unit 7, London North | $570,000 | Battaglia Team