1030 Coronation Drive Unit 812, London North

Price: $399,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X14096558

A RARE FIND UNDER $400K! Discover premium condo living with this exceptional 2 bedroom, 2 bathroom layout. This highly aggressive pricing offers a premium 2 bedroom for the price of a 1 bedroom. With just under 1,200 sq ft of fully updated living space, this immaculate unit has been professionally repainted in a modern, neutral colour palette. The welcoming living area and kitchen flow seamlessly together in a bright, open concept design. Relax by the cozy fireplace, or step through the sliding doors onto a big patio with great city views. The kitchen comes equipped with premium upgraded stainless steel appliances, granite countertops and a spacious breakfast bar. This unit also features a convenient in-suite laundry room. This premium layout stands apart with rare comforts, including an oversized primary bedroom, walk-in closet, and ensuite bathroom featuring a double-sink vanity and separate walk-in shower. This layout is only available in a handful of units. You also get the massive added convenience of highly coveted, side-by-side underground parking spaces and a premium storage locker which is also rare in this building. Residents enjoy included access to exceptional building amenities: a well-equipped fitness room, library with lounge and fireplace, outdoor patio, games/theatre rooms, a party room and a separate guest suite for out of town guests. Monthly condo fees conveniently include heat, water, and parking. Ideally located near Western University, University Hospital, shopping, restaurants, top-tier schools, and golf courses, this property delivers high end maintenance-free condo living. It is incredibly rare to find a layout with these finishes and two parking spots at this price point. This is one you simply cannot afford to pass up.

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active
New Listing
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$399,900 - 1030 Coronation Drive Unit 812, London North

Condo for Sale in London North

New — Listed 2 days ago

Neighbourhood: North I

2Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
X14096558
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
London North
Taxes (2026)
$4,007
Maintenance Fees
$678/mo
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

A RARE FIND UNDER $400K! Discover premium condo living with this exceptional 2 bedroom, 2 bathroom layout. This highly aggressive pricing offers a premium 2 bedroom for the price of a 1 bedroom. With just under 1,200 sq ft of fully updated living space, this immaculate unit has been professionally repainted in a modern, neutral colour palette. The welcoming living area and kitchen flow seamlessly together in a bright, open concept design. Relax by the cozy fireplace, or step through the sliding doors onto a big patio with great city views. The kitchen comes equipped with premium upgraded stainless steel appliances, granite countertops and a spacious breakfast bar. This unit also features a convenient in-suite laundry room. This premium layout stands apart with rare comforts, including an oversized primary bedroom, walk-in closet, and ensuite bathroom featuring a double-sink vanity and separate walk-in shower. This layout is only available in a handful of units. You also get the massive added convenience of highly coveted, side-by-side underground parking spaces and a premium storage locker which is also rare in this building. Residents enjoy included access to exceptional building amenities: a well-equipped fitness room, library with lounge and fireplace, outdoor patio, games/theatre rooms, a party room and a separate guest suite for out of town guests. Monthly condo fees conveniently include heat, water, and parking. Ideally located near Western University, University Hospital, shopping, restaurants, top-tier schools, and golf courses, this property delivers high end maintenance-free condo living. It is incredibly rare to find a layout with these finishes and two parking spots at this price point. This is one you simply cannot afford to pass up.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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: North I

Discover North I

North I 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 North I

  • •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

North I 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

1030 Coronation Drive Unit 812, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$678
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,316

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 $400/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.

Just Listed - Act Strategically

This property hit the market within the last week. In London North's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $678/month fees should cover building insurance, common elements, and reserve contributions.

About North I

I know North I well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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.

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    1030 Coronation Drive Unit 812 | $399,900 | Battaglia Team