$629,000 - 95 Albion Street, London North
Detached for Sale in London North
81 days on market- MLS Number
- X12934826
- Property Type
- Detached
- Status
- active
- Days on Site
- 81
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London North
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Welcome to 95 Albion Street, a beautifully updated home in one of London's most desirable and family-friendly neighbourhoods. This spacious and versatile property offers incredible flexibility for multi-generational living, extended families, or those seeking additional income potential.Recently refreshed with new flooring throughout and a fresh, modern coat of paint, this home is move-in ready while offering plenty of opportunity to make it your own.The upper level features a bright and functional layout with two bedrooms, a full kitchen, living room, and full bathroom-perfect for extended family or private guest space. The main floor offers a primary bedroom, a second smaller bedroom ideal for a home office, a generous living room, kitchen, and convenient mudroom with access to the backyard. A main floor laundry hookup adds additional convenience and flexibility.The lower level expands the living space even further with two additional bedrooms, a full bathroom, a living/recreation room, kitchenette, and shared laundry area-providing excellent in-law suite or multi-family living potential. Separate entrances to both the upper and lower levels enhance privacy and usability.Situated on a great lot with a large shared backyard, this home is located in a sought-after neighbourhood close to parks, schools, shopping, and amenities.A rare opportunity to own a flexible property with space for everyone-ideal for families looking to live together while maintaining independence, or buyers seeking a home with added versatility and future potential.
Estimate your monthly payments for this property
Estimated Payment
$3,227.10/mo
Includes CMHC insurance ($17,549)
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.
95 Albion Street, 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 $419/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 81 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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London North.
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 $2,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.