600 Sarnia Road Unit 29, London North

Price: $474,900

5 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13104450

Great investment or live in opportunity!! Spacious open concept 3+2 bedroom condo. Good layout. Loads of cupboards and counter space in kitchen with breakfast bar, ceramic floor and pass thro to living room. Large eating area. Huge living room / dining room with laminate floor. Small rec room and additional 2 bedrooms in lower level. Good sized upper bedrooms. 2 1/2 baths. 5 appliances included. Close to schools, shopping, transit, and more. Easy access to Masonville Mall, Sherwood Forest Mall, Costco, University Hospital and Western University.

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$474,900 - 600 Sarnia Road Unit 29, London North

Condo for Sale in London North

42 days on market
5Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13104450
Property Type
Condo
Status
active
Days on Site
42
Bedrooms
5
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
London North
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
SUTTON GROUP PREFERRED REALTY INC.
Description

Great investment or live in opportunity!! Spacious open concept 3+2 bedroom condo. Good layout. Loads of cupboards and counter space in kitchen with breakfast bar, ceramic floor and pass thro to living room. Large eating area. Huge living room / dining room with laminate floor. Small rec room and additional 2 bedrooms in lower level. Good sized upper bedrooms. 2 1/2 baths. 5 appliances included. Close to schools, shopping, transit, and more. Easy access to Masonville Mall, Sherwood Forest Mall, Costco, University Hospital and Western University.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,436.48/mo

Includes CMHC insurance ($13,250)

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5-yr fixed avg.

Principal: $427,410Interest: $290,285
Mortgage Amount$440,660
Total Interest$290,285
Est. Property Tax$336/mo
Total Cost$730,945

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

600 Sarnia Road Unit 29, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,720/mo
Range: $3,162 - $4,278
Cap Rate (ROI)
6.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,720
Maintenance Fees-$780
Property Tax (est.)-$336
Insurance (est.)-$99
Net Cash Flow+$2,505

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 $396/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.

Market Position

At 42 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.

Excellent Flexibility

With 5 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 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.

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.

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    600 Sarnia Road Unit 29, London North | $474,900 | Battaglia Team