$566,000 - 59 Pennybrook Crescent Unit 36, London North
Condo for Sale in London North
New — Listed yesterday- MLS Number
- X13459940
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- London North
- Locker
- None
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Welcome to this charming and well-maintained detached home with a single-car garage, nestled in the highly desirable Stoneybrook neighbourhood of North London. Perfectly suited for families, this home is located within the sought-after Jack Chambers Public School and A.B. Lucas Secondary School districts.The functional multi-level layout offers bright and inviting living spaces throughout. The main floor features a spacious living room, dining area, and a well-appointed kitchen, ideal for both everyday living and entertaining. Upstairs, you'll find two bedrooms and a full bathroom. The lower level offers a cozy family room, an additional bedroom, and a second full bathroom, providing flexible space for guests, teenagers, or a home office.Beautiful hardwood flooring runs throughout the home, reflecting the pride of ownership and excellent maintenance. The basement includes a convenient laundry area and ample storage space. Step outside to enjoy the private, fully fenced backyard complete with a spacious deck-perfect for summer BBQs, outdoor dining, and relaxing with family and friends. Washer (2025). Located just minutes from Masonville Mall, Western University, parks, walking trails, shopping, restaurants, and all North London amenities. This is a fantastic opportunity to own a move-in ready family home in one of London's most established and desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$2,903.87/mo
Includes CMHC insurance ($15,791)
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.
59 Pennybrook Crescent Unit 36, 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 $629/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.
Just Listed - Act Strategically
This property hit the market within the last week. In London North's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Efficient Living
At 900 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.
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.
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 $2,358 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.