657 Tennent Avenue, London North

Price: $849,900

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13226824

Excellent 4+1 Bedroom Two Storey (just nine years young!) with 3 1/2 baths in a prime Northridge/North End location on quiet street conveniently located to all north end amenities, in great school districts (both Public & Separate) & steps from AB Lucas Secondary School. Approximately 2,900 sq. ft. of living space finished on 3 floors! Outstanding Floor Plan/Layout. Main floor provides spacious entrance/foyer, large & attractive white eat-in kitchen with oversized quartz island with breakfast bar, quartz countertops & separate eating area overlooking back yard. Separate formal dining room has optionality as a main floor office and huge Great Room offers superb flexibility in arranging furniture. Striking dark hardwood flooring throughout main floor. 4 Spacious bedrooms up including Primary with large walk-in closet & 3 Piece Ensuite with Shower. Outstanding finished lower level provides large open span finished family room, spacious & bright 5th bedroom with large egress window & walk-in closet, an additional full 3 piece bath with shower & a nicely finished laundry room plus additional storage. Fully fenced & very manageable, private back yard. Great value for those seeking a newer, low maintenance home in a thriving but mature North End location close to all the north end amenities like Masonville Mall, & the University & a short walk to Sobeys, Home Depot, etc. Some photos virtually staged.

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$849,900 - 657 Tennent Avenue, London North

Detached for Sale in London North

5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13226824
Property Type
Detached
Status
active
Days on Site
17
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
London North
Listing Brokerage
RE/MAX CENTRE CITY REALTY INC.
Description

Excellent 4+1 Bedroom Two Storey (just nine years young!) with 3 1/2 baths in a prime Northridge/North End location on quiet street conveniently located to all north end amenities, in great school districts (both Public & Separate) & steps from AB Lucas Secondary School. Approximately 2,900 sq. ft. of living space finished on 3 floors! Outstanding Floor Plan/Layout. Main floor provides spacious entrance/foyer, large & attractive white eat-in kitchen with oversized quartz island with breakfast bar, quartz countertops & separate eating area overlooking back yard. Separate formal dining room has optionality as a main floor office and huge Great Room offers superb flexibility in arranging furniture. Striking dark hardwood flooring throughout main floor. 4 Spacious bedrooms up including Primary with large walk-in closet & 3 Piece Ensuite with Shower. Outstanding finished lower level provides large open span finished family room, spacious & bright 5th bedroom with large egress window & walk-in closet, an additional full 3 piece bath with shower & a nicely finished laundry room plus additional storage. Fully fenced & very manageable, private back yard. Great value for those seeking a newer, low maintenance home in a thriving but mature North End location close to all the north end amenities like Masonville Mall, & the University & a short walk to Sobeys, Home Depot, etc. Some photos virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.43/mo

Includes CMHC insurance ($23,712)

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5-yr fixed avg.

Principal: $764,910Interest: $519,506
Mortgage Amount$788,622
Total Interest$519,506
Est. Property Tax$602/mo
Total Cost$1,308,128

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

657 Tennent Avenue, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$2,921

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 $425/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 17 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.

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 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 4 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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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