112 North Centre Road Unit 45, London North

Price: $309,900

4 bedrooms, 4 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13852650

LOCATION, LOCATION, LOCATION! Discover the best of Masonville with this bright and spacious condo just steps from Western University, University Hospital, top schools, shopping, restaurants, movie theatres and fitness facilities. The open-concept main level features a fantastic great room flowing into a modern kitchen and dining area, with sliding doors leading to a private deck perfect for entertaining or enjoying summer evenings. Upstairs, you'll find three spacious bedrooms, including a magnificent primary suite with a fabulous walk-in shower and private balcony. The finished lower level provides valuable additional living space with a versatile family room or bedroom plus a 3-piece bath. With three full bathrooms and one half bath, the flexible layout offers plenty of space for families, professionals, students or guests. For investors, the proximity to Western University and University Hospital may offer strong rental-demand potential, while end-users will appreciate the maintenance-free lifestyle and unbeatable Masonville location. Close to everything that makes North London living so desirable, this is an opportunity to own in one of London's most convenient communities.

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$309,900 - 112 North Centre Road Unit 45, London North

Condo for Sale in London North

Neighbourhood: North B

4Beds
4Baths
1,200Sq Ft
Condo

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Property Details
MLS Number
X13852650
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
4
Bathrooms
4
Square Feet
1,200 sqft
Neighbourhood
London North
Taxes (2025)
$4,510
Maintenance Fees
$1,451/mo
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

LOCATION, LOCATION, LOCATION! Discover the best of Masonville with this bright and spacious condo just steps from Western University, University Hospital, top schools, shopping, restaurants, movie theatres and fitness facilities. The open-concept main level features a fantastic great room flowing into a modern kitchen and dining area, with sliding doors leading to a private deck perfect for entertaining or enjoying summer evenings. Upstairs, you'll find three spacious bedrooms, including a magnificent primary suite with a fabulous walk-in shower and private balcony. The finished lower level provides valuable additional living space with a versatile family room or bedroom plus a 3-piece bath. With three full bathrooms and one half bath, the flexible layout offers plenty of space for families, professionals, students or guests. For investors, the proximity to Western University and University Hospital may offer strong rental-demand potential, while end-users will appreciate the maintenance-free lifestyle and unbeatable Masonville location. Close to everything that makes North London living so desirable, this is an opportunity to own in one of London's most convenient communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,589.95/mo

Includes CMHC insurance ($8,646)

$
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5%10%50%

5-yr fixed avg.

Principal: $278,910Interest: $189,428
Mortgage Amount$287,556
Total Interest$189,428
Est. Property Tax$220/mo
Total Cost$476,984

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 B

Discover North B

North B 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 B

  • •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 B 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

112 North Centre Road Unit 45, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$1,451
Property Tax (est.)-$220
Insurance (est.)-$65
Net Cash Flow+$1,584

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 $258/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.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 $1451/month fees should cover building insurance, common elements, and reserve contributions.

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 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 B

I know North B 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.

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    112 North Centre Road Unit 45 | $309,900 | Battaglia Team