650 Cheapside Street Unit 605, London North

Price: $234,900

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13456998

Top floor with gorgeous view facing east that overlooks the tree tops and parking area. Very desirable unit that's warmer in the winter and cooler in the summer. Freshly painted with modern laminate flooring. Large storage room for off-season sports equipment and extra closet space with laundry in unit. Granite kitchen counter top and 5appliances. Prime location between Western University and Fanshawe that offers multiple amenities. Well maintained complex that is tucked away from high traffic. Economically friendly. Welcome to Victoria Place.

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New Listing
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$234,900 - 650 Cheapside Street Unit 605, London North

Condo for Sale in London North

New — Listed 2 days ago
1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X13456998
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
London North
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

Top floor with gorgeous view facing east that overlooks the tree tops and parking area. Very desirable unit that's warmer in the winter and cooler in the summer. Freshly painted with modern laminate flooring. Large storage room for off-season sports equipment and extra closet space with laundry in unit. Granite kitchen counter top and 5appliances. Prime location between Western University and Fanshawe that offers multiple amenities. Well maintained complex that is tucked away from high traffic. Economically friendly. Welcome to Victoria Place.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,205.16/mo

Includes CMHC insurance ($6,554)

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5-yr fixed avg.

Principal: $211,410Interest: $143,584
Mortgage Amount$217,964
Total Interest$143,584
Est. Property Tax$166/mo
Total Cost$361,548

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

650 Cheapside Street Unit 605, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
5.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$166
Insurance (est.)-$49
Net Cash Flow+$1,130

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 $336/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 700 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.

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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    650 Cheapside Street Unit 605 | $234,900 | Battaglia Team