921 SARNIA Road, London North

Price: $519,000

3 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: New Construction

MLS#: X13062472

Attention First time Buyers/Investors - TRICIA END UNIT model 1831 sq.ft. Located in the TRIBECA Development off Sarnia Rd. This freehold town home is done in current tones & modern finishes (greys & neutrals) even the most discerning owner would be proud to call home. This home features, 3 FULLY FINISHED LEVELS, plus unfinished basement for storage, EXTRA windows being an End Unit with only ONE shared wall, Private Porch area, 3 bedrooms upstairs and a Sunlit office on the main floor that could also be used a potential 4th on Main floor , 2.5 baths, single car garage w/inside entry. 5 appliances (stainless steel kitchen & front load washer & dryer) Central air conditioning. Fantastic location just minutes away from North London Mega Shopping, UWO & University Hospital. Photos are from Rental Listing. INVESTORS: Current Tenants would love to Stay and Landlord would offer a great letter of reference. 24 Hours a must to view due to work schedules.

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$519,000 - 921 SARNIA Road, London North

New Construction for Sale in London North

50 days on market
3Beds
3Baths
700 - 1,099Sq Ft
New Construction
Property Details
MLS Number
X13062472
Property Type
New Construction
Status
active
Days on Site
50
Bedrooms
3
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
London North
Listing Brokerage
THRIVE REALTY GROUP INC.
Description

Attention First time Buyers/Investors - TRICIA END UNIT model 1831 sq.ft. Located in the TRIBECA Development off Sarnia Rd. This freehold town home is done in current tones & modern finishes (greys & neutrals) even the most discerning owner would be proud to call home. This home features, 3 FULLY FINISHED LEVELS, plus unfinished basement for storage, EXTRA windows being an End Unit with only ONE shared wall, Private Porch area, 3 bedrooms upstairs and a Sunlit office on the main floor that could also be used a potential 4th on Main floor , 2.5 baths, single car garage w/inside entry. 5 appliances (stainless steel kitchen & front load washer & dryer) Central air conditioning. Fantastic location just minutes away from North London Mega Shopping, UWO & University Hospital. Photos are from Rental Listing. INVESTORS: Current Tenants would love to Stay and Landlord would offer a great letter of reference. 24 Hours a must to view due to work schedules.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,662.74/mo

Includes CMHC insurance ($14,480)

$
$
5%10%50%

5-yr fixed avg.

Principal: $467,100Interest: $317,242
Mortgage Amount$481,580
Total Interest$317,242
Est. Property Tax$368/mo
Total Cost$798,822

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

921 SARNIA Road, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$368
Insurance (est.)-$108
Net Cash Flow+$2,324

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 $741/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 50 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

Bathroom Count Matters

With 3 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 $2,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    921 SARNIA Road, London North | $519,000 | Battaglia Team