$1,345,000 - 862 Lunar Drive, London North
Detached for Sale in London North
78 days on market- MLS Number
- X12953084
- Property Type
- Detached
- Status
- active
- Days on Site
- 78
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- THRIVE REALTY GROUP INC.
**NEW PRICE NOW INCLUDES HST REBATE!** TO BE BUILT! Welcome to the Greenwich II model, a beautifully designed 3,200 sq. ft. home located in North London's newest premier neighbourhood, Sunningdale Crossing. Set on a highly desirable 60-foot-wide lot, this home offers an exceptional blend of space, functionality, and modern design. Thoughtfully laid out, it features 4 generously sized bedrooms and 3.5 bathrooms, with each bedroom enjoying convenient access to its own bathroom-ideal for growing or busy families.The open-concept main floor is perfect for both everyday living and entertaining, highlighted by a bright and welcoming great room, a well-appointed kitchen, and a walk-in pantry for added storage and convenience. A spacious mudroom provides the perfect drop zone for busy families, offering plenty of room to keep things organized and clutter-free.The Greenwich II showcases versatile living spaces and a layout designed to complement today's lifestyle. Located in one of North London's most sought-after communities, Sunningdale Crossing is just minutes from Masonville Mall, Hyde Park, Sunningdale Golf & Country Club, scenic parks and walking trails, top-rated schools, and easy access to major highways.Additional lots and floor plans are available. Photos are from previous model homes and are for illustrative purposes only; finishes, layouts, and elevations may vary.
Estimate your monthly payments for this property
Estimated Payment
$5,949.39/mo
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.
862 Lunar Drive, London North
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Rental income estimator & ROI calculator
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 $448/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 78 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London North. Good resale value as demand remains consistent.
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.