940 Manchester Road, London North

Price: $979,900

4 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X12875648

Set on a quiet residential street surrounded by established homes and mature neighbourhood charm, this property represents something increasingly difficult to find in Northwest London: a substantial home with exceptional square footage, strong bones, and the opportunity to personalize it into something truly spectacular. For buyers who have outgrown their current space and are ready for an upgrade-whether driven by career growth, family expansion, or the desire for a more refined lifestyle- this home offers a foundation that can evolve with your life for years to come. Discover expansive principal rooms filled with natural light from oversized windows, creating a warm and inviting atmosphere ideal for both everyday living and entertaining. The main floor offers generous living and dining areas, main floor laundry, a convenient powder room, and direct access to the double car garage, making daily routines effortless. Upstairs features four spacious bedrooms, including a large primary retreat with walk-in closet and 5 piece ensuite. One secondary bedroom includes its own private 2 piece bath, perfect for guests, teens, or accessible living. A full additional bathroom completes the upper level. The mostly finished basement adds incredible flexibility. Previously used for a home-based financial services business, the space includes office workspace, meeting room, file storage rooms, and full bathroom-ideal for professionals working from home, a private practice, gym, or future recreation space. Located minutes from shopping, restaurants, grocery stores, and the north London Costco, Hyde Park is known for its strong community feel, family-friendly streets, and convenient access to everyday amenities. Nearby Medway Valley Heritage Forest and trail systems provide beautiful natural escapes right in the city. Together, these features create a home that supports both the rhythm of everyday life and the special moments that make this house feel like your home.

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$979,900 - 940 Manchester Road, London North

Detached for Sale in London North

99 days on market
4Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X12875648
Property Type
Detached
Status
active
Days on Site
99
Bedrooms
4
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
London North
Listing Brokerage
THRIVE REALTY GROUP INC.
Description

Set on a quiet residential street surrounded by established homes and mature neighbourhood charm, this property represents something increasingly difficult to find in Northwest London: a substantial home with exceptional square footage, strong bones, and the opportunity to personalize it into something truly spectacular. For buyers who have outgrown their current space and are ready for an upgrade-whether driven by career growth, family expansion, or the desire for a more refined lifestyle- this home offers a foundation that can evolve with your life for years to come. Discover expansive principal rooms filled with natural light from oversized windows, creating a warm and inviting atmosphere ideal for both everyday living and entertaining. The main floor offers generous living and dining areas, main floor laundry, a convenient powder room, and direct access to the double car garage, making daily routines effortless. Upstairs features four spacious bedrooms, including a large primary retreat with walk-in closet and 5 piece ensuite. One secondary bedroom includes its own private 2 piece bath, perfect for guests, teens, or accessible living. A full additional bathroom completes the upper level. The mostly finished basement adds incredible flexibility. Previously used for a home-based financial services business, the space includes office workspace, meeting room, file storage rooms, and full bathroom-ideal for professionals working from home, a private practice, gym, or future recreation space. Located minutes from shopping, restaurants, grocery stores, and the north London Costco, Hyde Park is known for its strong community feel, family-friendly streets, and convenient access to everyday amenities. Nearby Medway Valley Heritage Forest and trail systems provide beautiful natural escapes right in the city. Together, these features create a home that supports both the rhythm of everyday life and the special moments that make this house feel like your home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,027.39/mo

Includes CMHC insurance ($27,339)

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5-yr fixed avg.

Principal: $881,910Interest: $598,969
Mortgage Amount$909,249
Total Interest$598,969
Est. Property Tax$694/mo
Total Cost$1,508,218

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

940 Manchester Road, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$694
Insurance (est.)-$204
Net Cash Flow+$2,652

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 $392/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 99 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.

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 5 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 $4,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    940 Manchester Road, London North | $979,900 | Battaglia Team