$600,000 - 1427 South Wenige Drive, London North
Detached for Sale in London North
Neighbourhood: North F
- MLS Number
- X13430108
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London North
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
This move-in-ready two bedroom bungalow in London's highly desirable Stoney Creek neighbourhood offers an exceptional layout for both expanding families and investors seeking strong rental potential. The first thing you'll notice is its pristine condition. The main floor family room was originally a 3rd bedroom but the owner suggested an opening to make it their formal dining room. Then it was an office and now a family room allowing for an easy conversion back to a third bedroom if desired. Capitalizing on recent upgrades that protect your investment, the home boasts a newer roof (2020), newer insulated garage door (2021), aggregate cement driveway (2022), a newer HVAC system (2022), huge basement Rec room (2019), and durable flooring throughout the primary living areas. The kitchen has been updated with contemporary finishes, providing a clean, functional workspace that flows naturally into the bright dining and living zones. Your new home is around the corner from the Stoney Creek Community Centre, YMCA, and excellent schools. For students and professionals, direct LTC routes offer a straightforward, easy commute to Western University and Fanshawe College, with nearby shopping on Fanshawe Park Road to the new Smart Centre at Highbury or 8 minutes the other way to CF Masonville Place. The low-maintenance backyard serves as a quiet, private outdoor retreat. Whether you are a first-time homebuyer looking to establish your roots, or an investor tracking great investments, this versatile one-owner bungalow is exactly what you've been looking for.
Estimate your monthly payments for this property
Estimated Payment
$3,078.31/mo
Includes CMHC insurance ($16,740)
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 F
North F 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 F
- •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 F 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.
1427 South Wenige Drive, London North
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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
Fair Market Value
At $857/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 26 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About North F
I know North F 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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.