$999,900 - 7 Metamora Crescent, London North
Detached for Sale in London North
71 days on market- MLS Number
- X12974846
- Property Type
- Detached
- Status
- active
- Days on Site
- 71
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- SUTTON GROUP PREFERRED REALTY INC.
Nestled in the executive area of the Sherwood Forest neighbourhood, this distinctive stone-faced home offers a rare blend of country charm and modern comfort. Set on a beautifully landscaped 100-foot lot backing onto a serene wooded ravine, this 5-bedroom, 4-bathroom residence is perfectly suited for families and avid entertainers alike, with over $150,000 in recent renovations and upgrades.The main level showcases original oak hardwood flooring and features a spacious living room with a gas fireplace, formal dining room, and a warm family room with a second fireplace, seamlessly open to the kitchen. A sun-filled sunroom with skylights and stunning 180-degree ravine views provides a tranquil space to relax year-round. Two bedrooms are located on this level, including the primary suite. Many windows are equipped with exterior insulated roll shutters for added comfort and efficiency. The fully renovated lower level (2022) offers exceptional additional living space, featuring three generous bedrooms, a stylish 4-piece bathroom, and a large recreation room with a third fireplace. Extensive upgrades include updated insulation, new windows, professional waterproofing, and a new sump pump. Outdoor living is equally impressive, with a spacious 32-foot deck overlooking the ravine and a 40-jet Hydro hot tub-ideal for unwinding or entertaining. Additional highlights include a lifetime-warrantied interlocking metal roof, reclaimed heritage pine woodwork throughout, and an oversized double garage complete with workshop. Located just minutes from Western University, Medway Valley Trails, parks, and top-rated schools, this exceptional home offers a perfect balance of nature, luxury, and everyday convenience.
Estimate your monthly payments for this property
Estimated Payment
$5,130.01/mo
Includes CMHC insurance ($27,897)
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.
7 Metamora Crescent, 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 $500/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 71 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 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 $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.