137 Columbia Avenue, London North

Price: $895,000

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13471342

Well maintained and conveniently located in a preferred area of London, Ontario and close to all amenities (Cherryhill Village Mall). Offering 5 bedrooms and 3 Full washrooms. Ample windows providing generous daylight. Fully upgraded with kitchen, S/S appliances, private yard and driveway of approximately three car parking.

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$895,000 - 137 Columbia Avenue, London North

Detached for Sale in London North

Neighbourhood: North A

5Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13471342
Property Type
Detached
Status
active
Days on Site
17
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London North
Listing Brokerage
HOMELIFE G1 REALTY INC.
Description

Well maintained and conveniently located in a preferred area of London, Ontario and close to all amenities (Cherryhill Village Mall). Offering 5 bedrooms and 3 Full washrooms. Ample windows providing generous daylight. Fully upgraded with kitchen, S/S appliances, private yard and driveway of approximately three car parking.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,591.81/mo

Includes CMHC insurance ($24,971)

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5-yr fixed avg.

Principal: $805,500Interest: $547,074
Mortgage Amount$830,471
Total Interest$547,074
Est. Property Tax$634/mo
Total Cost$1,377,544

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

137 Columbia Avenue, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$634
Insurance (est.)-$186
Net Cash Flow+$2,780

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

Fair Market Value

At $814/sqft, this property is priced in line with current London North market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 17 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.

Excellent Flexibility

With 5 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.

About North A

I know North A 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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    137 Columbia Avenue, London North | $895,000 | Battaglia Team