$1,195,000 - 866 Lunar Drive, London North
Detached for Sale in London North
78 days on market- MLS Number
- X12953054
- Property Type
- Detached
- Status
- active
- Days on Site
- 78
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- THRIVE REALTY GROUP INC.
**NEW PRICE NOW INCLUDES HST REBATE!** TO BE BUILT! Welcome to The Meridian model, an exceptional executive-style bungalow located in North London's premier community Sunningdale Crossing. Offering 2,072 sq. ft. of refined single-level living, this home blends upscale design with everyday functionality. The layout includes 3 spacious bedrooms and 2 full bathrooms, with a smart floor plan that separates the primary suite from the secondary bedrooms-ideal for added privacy and quiet. A bright, open-concept great room anchors the home and flows seamlessly into the designer kitchen and dining area, creating an ideal space for both entertaining and daily living. High ceilings and clean architectural lines enhance the sense of space and light throughout. The primary suite features a spa-inspired ensuite and generous walk-in closet space, while the additional bedrooms offer flexibility for family, guests, or a home office. Every inch of the home is designed for comfort, flow, and livability. Situated close to Masonville Mall, Hyde Park amenities, Sunningdale Golf & Country Club, parks, walking trails, and excellent schools, Sunningdale Crossing offers one of North London's most desirable locations and lifestyles. Additional plans and lots available. Photos are from previous models and are for illustrative purposes only; finishes, elevations, and layouts may vary.
Estimate your monthly payments for this property
Estimated Payment
$5,285.89/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.
866 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 $598/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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $4,979 (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.