697 Killarney Road, London North

Price: $869,900

5 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13446900

Welcome to this spectacular 2,580 sq. ft. home in the highly sought-after Cedar Hollow community, one of North London's most desirable neighbourhoods. Offering 4 plus 1 spacious bedrooms and 4.5 bathrooms, this beautifully maintained home features an open-concept layout designed for modern living.The main floor showcases 9-foot ceilings, engineered hardwood flooring throughout, elegant wrought-iron spindles, and upgraded lighting fixtures. The oversized custom kitchen is a chef's dream, complete with high-end appliances, a built-in wall oven, granite countertops, and a stylish tiled backsplash. Built-in speakers add to the home's impressive list of upgrades.Upstairs, you'll find a convenient second-floor laundry room and generously sized bedrooms. The spacious primary suite features a walk-in closet, a cozy sitting area, and a luxurious ensuite bath. Additional highlights include a Jack-and-Jill bathroom and a second private ensuite, providing comfort and convenience for family and guests alike.The lower level has a fully completed living space with a full bathroom and additional laundry room and kitchen, perfect for an inlaw suite or for additional rental income.Recently refreshed with new paint throughout, this exceptional home is move-in ready and offers the perfect blend of style, functionality, and location. Don't miss your opportunity to own this beautifully crafted home in Cedar Hollow!

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New Listing
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$869,900 - 697 Killarney Road, London North

Detached for Sale in London North

New — Listed 4 days ago
5Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13446900
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
London North
Lot Size
4,036 sqft
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Welcome to this spectacular 2,580 sq. ft. home in the highly sought-after Cedar Hollow community, one of North London's most desirable neighbourhoods. Offering 4 plus 1 spacious bedrooms and 4.5 bathrooms, this beautifully maintained home features an open-concept layout designed for modern living.The main floor showcases 9-foot ceilings, engineered hardwood flooring throughout, elegant wrought-iron spindles, and upgraded lighting fixtures. The oversized custom kitchen is a chef's dream, complete with high-end appliances, a built-in wall oven, granite countertops, and a stylish tiled backsplash. Built-in speakers add to the home's impressive list of upgrades.Upstairs, you'll find a convenient second-floor laundry room and generously sized bedrooms. The spacious primary suite features a walk-in closet, a cozy sitting area, and a luxurious ensuite bath. Additional highlights include a Jack-and-Jill bathroom and a second private ensuite, providing comfort and convenience for family and guests alike.The lower level has a fully completed living space with a full bathroom and additional laundry room and kitchen, perfect for an inlaw suite or for additional rental income.Recently refreshed with new paint throughout, this exceptional home is move-in ready and offers the perfect blend of style, functionality, and location. Don't miss your opportunity to own this beautifully crafted home in Cedar Hollow!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,463.04/mo

Includes CMHC insurance ($24,270)

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5%10%50%

5-yr fixed avg.

Principal: $782,910Interest: $531,731
Mortgage Amount$807,180
Total Interest$531,731
Est. Property Tax$616/mo
Total Cost$1,338,911

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

697 Killarney Road, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$616
Insurance (est.)-$181
Net Cash Flow+$3,153

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 $348/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.

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 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 $3,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    697 Killarney Road, London North | $869,900 | Battaglia Team