$868,000 - 725 Eagletrace Drive Unit 26, London North
Condo for Sale in London North
70 days on market- MLS Number
- X12980848
- Property Type
- Condo
- Status
- active
- Days on Site
- 70
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- London North
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- RE/MAX ICON REALTY
Welcome to The 'Sanctuary' - Where luxury Bungalow living meets an effortless, maintenance-free lifestyle. 'MOVE IN' ready, all exterior maintenance is taken care for you, including lawn and garden care, irrigation, snow removal, and private road upkeep-allowing you to enjoy true lock-and-leave convenience. The thoughtfully designed main level spans 1,760 sq. ft. and showcases elegant finishes throughout, including birch hardwood flooring, California shutters, and crown moulding. The open-concept great room is warm and inviting, highlighted by a gas fireplace and custom built-in shelving. The kitchen blends style and function with soft-tone premium cabinetry, quartz countertops and stainless steel appliances. The adjoining dining area opens to a partially covered composite back deck-perfect for relaxing or entertaining. The spacious primary suite features a walk-in closet and a beautifully appointed 3-piece ensuite with heated floors, double sinks, and a walk-in shower. A second bedroom with a walk-in closet is currently customized as a home office, along with a second spotless 4-piece bathroom with closet. The convenient main-floor laundry with sink completes the level. The partially finished lower level adds exceptional living space with a large family room featuring premium carpeting and a large walk-in closet for extra storage. A rough-in for a third bathroom is already in place, and the layout allows for an easy future third bedroom. Ideally located for medical and academic professionals, just steps away from University Hospital, Western University and only minutes to Sunningdale Golf & Country Club. Enjoy a polished, private, maintenance-free lifestyle in one of North London's most desirable communities. Common element/maintenance fee: $325/month. Recent updates include a new driveway (2025), Lifebreath HRV System (2021), sump pump with battery backup (2025), birch hardwood flooring in both bedrooms (2023), and updated landscaping.
Estimate your monthly payments for this property
Estimated Payment
$4,453.29/mo
Includes CMHC insurance ($24,217)
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.
725 Eagletrace Drive Unit 26, 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 $543/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 70 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.
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.
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 $3,617 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.