$999,990 - 6 Ranson Place, London North
Detached for Sale in London North
99 days on market- MLS Number
- X12874286
- Property Type
- Detached
- Status
- active
- Days on Site
- 99
- Bedrooms
- 7
- Bathrooms
- 5
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London North
- Lot Size
- 15,586 sqft
- Listing Brokerage
- REMAX CONNECT REALTY
Extraordinary Rare Offering in prestigious Orchard Park. This Executive Oversized fully renovated Raised Ranch is set on a quiet cul-de-sac on a private, park-like 0.35-acre lot, offering approx. 3,500 sqft of finished living space. Oversized windows flood the home with natural light while framing serene views of surrounding greenery. The main level features 3 well-appointed bedrooms, including a spacious primary suite with a private 4-pc ensuite, a second full bath, laundry, a grand living room, and a large kitchen with abundant cabinetry. Direct access to a private enclosed front yard enhances comfort and privacy. The fully finished legal walkout lower level offers a bright extension of the home with floor-to-ceiling windows and seamless outdoor access. It includes 4 additional bedrooms, 3 bathrooms, a full kitchen, and a secondary kitchenette-ideal for multi-generational living, guests, or dedicated work-from-home spaces. This exceptional home offers 7 bedrooms, 5 bathrooms, 2+1 kitchens, dual laundry, and two fireplaces. Legally licensed as a rare 2-unit dwelling with a grandfathered 7-bedroom rental licence (exceeding the typical 5-bedroom limit). The walkout level with 3 separate entrances provides outstanding flexibility for family living or supplementary income while maintaining privacy. Located minutes from Western University, University Hospital, top-rated schools, parks, trails, and shopping, with direct backyard access to Sarnia Rd and transit at your doorstep. Enjoy a secluded front garden oasis and an expansive backyard patio surrounded by mature trees and over 17 cedar trees, enhancing privacy, with space for a future pool. Oversized 2+ car garage. Extensively renovated with high-end finishes throughout (not rental-grade), including roof (2024), leaf guard, flooring (2025), windows, kitchens, bathrooms, landscaping.Turnkey luxury offering space, privacy, versatility, and income potential in a prime location.
Estimate your monthly payments for this property
Estimated Payment
$5,130.47/mo
Includes CMHC insurance ($27,900)
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.
6 Ranson Place, 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 $667/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 99 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.
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.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London North.
Bathroom Count Matters
With 5 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 $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.