1316 Corley Drive, London North

Price: $1,289,900

4 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: X13872760

LOCATION & INCREDIBLE REDESIGN! Step inside for a grand reveal that will take your breath away! The dramatic custom curved glass-and-steel staircase. The impressive fusion of gathering spaces and wall of picturesque windows framing the lush, private backyard, mature trees and crystal-blue pool. Extensively transformed in 2022, the expansive main level is exceptional. Rich hardwood floors provide a canvas for beautifully curated principal rooms, where natural light, architectural detail and inspired design merge.The upscale kitchen has been designed for effortless entertaining and inspired home chefs, with premium all-wood cabinetry, double quartz islands w/ amazing integrated storage, walnut counter, porcelain farmhouse sink & professional JennAir appliances including double wall ovens, 5-burner gas range & vented range hood with infrared warmer. Two custom double-wide sliding doors blur the line between indoors and out, opening to the newly enlarged deck (2026) and creating a fabulous connection to the pool and remarkably private grounds.A spacious dining area, inviting living room, private office & main-floor laundry combine beauty with a high-function lifestyle. The glass staircase & continued hardwood floors lead to a fantastic primary bedroom/retreat with 5-piece updated ensuite & skylit bonus room offering exceptional flexibility as a parents' lounge, gym/yoga area or 2nd office. 3 generous bedrooms and an updated main bath complete the 2nd level. The finished lower level adds recreation and media/games room spaces, as well as a bonus room + full washroom.Situated in an outstanding North London neighbourhood-walkable to Western University and University Hospital, in the Masonville P.S. catchment and moments from the spectacular trails of Medway Valley Heritage Forest along Medway Creek. Private. Polished. Unexpected. Unforgettable from the moment you walk through the door. Extensively elevated living. Main-floor windows/doors 2021.

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active

$1,289,900 - 1316 Corley Drive, London North

Detached for Sale in London North

Neighbourhood: North A

4Beds
4Baths
3,500 - 3,999Sq Ft
Detached

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Property Details
MLS Number
X13872760
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
4
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
London North
Lot Size
10,914 sqft
Taxes (2025)
$12,338
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Description

LOCATION & INCREDIBLE REDESIGN! Step inside for a grand reveal that will take your breath away! The dramatic custom curved glass-and-steel staircase. The impressive fusion of gathering spaces and wall of picturesque windows framing the lush, private backyard, mature trees and crystal-blue pool. Extensively transformed in 2022, the expansive main level is exceptional. Rich hardwood floors provide a canvas for beautifully curated principal rooms, where natural light, architectural detail and inspired design merge.The upscale kitchen has been designed for effortless entertaining and inspired home chefs, with premium all-wood cabinetry, double quartz islands w/ amazing integrated storage, walnut counter, porcelain farmhouse sink & professional JennAir appliances including double wall ovens, 5-burner gas range & vented range hood with infrared warmer. Two custom double-wide sliding doors blur the line between indoors and out, opening to the newly enlarged deck (2026) and creating a fabulous connection to the pool and remarkably private grounds.A spacious dining area, inviting living room, private office & main-floor laundry combine beauty with a high-function lifestyle. The glass staircase & continued hardwood floors lead to a fantastic primary bedroom/retreat with 5-piece updated ensuite & skylit bonus room offering exceptional flexibility as a parents' lounge, gym/yoga area or 2nd office. 3 generous bedrooms and an updated main bath complete the 2nd level. The finished lower level adds recreation and media/games room spaces, as well as a bonus room + full washroom.Situated in an outstanding North London neighbourhood-walkable to Western University and University Hospital, in the Masonville P.S. catchment and moments from the spectacular trails of Medway Valley Heritage Forest along Medway Creek. Private. Polished. Unexpected. Unforgettable from the moment you walk through the door. Extensively elevated living. Main-floor windows/doors 2021.

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Estimated Payment

$5,705.66/mo

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5-yr fixed avg.

Principal: $1,031,920Interest: $679,779
Mortgage Amount$1,031,920
Total Interest$679,779
Est. Property Tax$914/mo
Total Cost$1,711,699

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 A

Discover North A

North A 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 A

  • •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 A 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

1316 Corley Drive, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$914
Insurance (est.)-$269
Net Cash Flow+$2,867

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 $369/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 15 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.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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.

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