$1,349,000 - 1042 Melsetter Way, London North
Detached for Sale in London North
Popular ListingNeighbourhood: North S
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- X14004278
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- London North
- Taxes (2025)
- $9,321
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
Welcome to an exceptional MCR Homes residence where refined design, quality craftsmanship and thoughtful details create a truly distinguished home. Rich hardwood floors, extensive custom millwork, crown moulding and coffered ceilings establish an elegant sense of continuity throughout. The gourmet kitchen is beautifully appointed with premium cabinetry, stainless steel appliances, gas range and an oversized quartz island, complemented by a generous breakfast area and formal dining room with custom wall detailing. A dedicated home office with built-in shelving provides an inspiring workspace, while the living room features a striking coffered ceiling, fireplace and custom built-ins. The upper level is equally impressive, with a spacious primary retreat featuring a tray ceiling, electric fireplace and generous walk-in closet, along with three additional bedrooms, multiple bathrooms and convenient second-level laundry. The finished lower level adds a substantial recreation room, additional bedroom and full bathroom, offering exceptional flexibility for family, guests or entertaining. Outdoors, the private backyard is a true extension of the home, featuring a covered patio, stamped concrete, fully enclosed pool house and impressive heated saltwater pool with stone waterfall. Integrated technology, including pool controls, outdoor speakers, cameras and smart lighting, elevates the outdoor experience. A rare opportunity to own a residence where sophisticated interiors, exceptional craftsmanship and resort-style outdoor living come together beautifully.
Estimate your monthly payments for this property
Estimated Payment
$5,967.08/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 North S
North S 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 S
- •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
North S 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.
1042 Melsetter Way, London North
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $540/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.
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 4 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.
About North S
I know North S 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.
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 $5,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.