1600 Mickleborough Drive Unit 52, London North

Price: $432,888

4 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13456862

Welcome to this exceptional turnkey townhome located in one of North London's most sought-after communities. Offering the perfect blend of comfort, convenience, and value, this beautifully maintained home is ideal for first-time buyers, young families, professionals, or savvy investors seeking a move-in-ready opportunity. Step inside and discover a bright, spacious layout designed for modern living. The inviting main floor features a generous living room filled with natural light, creating the perfect space for relaxing or entertaining. The spacious eat-in kitchen serves as the heart of the home, offering ample cabinetry, plenty of workspace, and a bright dining area ideal for family meals and gatherings. The upper level features three generously sized bedrooms, including an oversized primary bedroom that provides a peaceful retreat at the end of the day. A well-appointed bathroom completes the second floor And in the lower level too. The fully finished lower level adds valuable living space with a large recreation room that can easily serve as a family room, home office, fitness area, or entertainment space. Additional highlights include a laundry area, abundant storage, and a rough-in for a future bathroom. Situated in a highly desirable neighbourhood known for its excellent schools and family-friendly atmosphere, this home is just minutes from shopping, restaurants, parks, public transit, Western University, University Hospital, and all major amenities. Rarely does a home offering this level of care, space, and location become available at such an attractive value. Whether you're looking for a place to call home or a smart investment opportunity, this property checks all the boxes. Don't miss your chance to own this outstanding North London gem.

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$432,888 - 1600 Mickleborough Drive Unit 52, London North

Condo for Sale in London North

Neighbourhood: North I

4Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13456862
Property Type
Condo
Status
active
Days on Site
17
Bedrooms
4
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
London North
Locker
None
Exposure
North West
Balcony
None
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Welcome to this exceptional turnkey townhome located in one of North London's most sought-after communities. Offering the perfect blend of comfort, convenience, and value, this beautifully maintained home is ideal for first-time buyers, young families, professionals, or savvy investors seeking a move-in-ready opportunity. Step inside and discover a bright, spacious layout designed for modern living. The inviting main floor features a generous living room filled with natural light, creating the perfect space for relaxing or entertaining. The spacious eat-in kitchen serves as the heart of the home, offering ample cabinetry, plenty of workspace, and a bright dining area ideal for family meals and gatherings. The upper level features three generously sized bedrooms, including an oversized primary bedroom that provides a peaceful retreat at the end of the day. A well-appointed bathroom completes the second floor And in the lower level too. The fully finished lower level adds valuable living space with a large recreation room that can easily serve as a family room, home office, fitness area, or entertainment space. Additional highlights include a laundry area, abundant storage, and a rough-in for a future bathroom. Situated in a highly desirable neighbourhood known for its excellent schools and family-friendly atmosphere, this home is just minutes from shopping, restaurants, parks, public transit, Western University, University Hospital, and all major amenities. Rarely does a home offering this level of care, space, and location become available at such an attractive value. Whether you're looking for a place to call home or a smart investment opportunity, this property checks all the boxes. Don't miss your chance to own this outstanding North London gem.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,220.94/mo

Includes CMHC insurance ($12,078)

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5-yr fixed avg.

Principal: $389,599Interest: $264,605
Mortgage Amount$401,677
Total Interest$264,605
Est. Property Tax$307/mo
Total Cost$666,282

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 I

Discover North I

North I 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 I

  • 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 I 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

1600 Mickleborough Drive Unit 52, 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)
5.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$307
Insurance (est.)-$90
Net Cash Flow+$2,143

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 $361/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 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.

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. We'll want to verify the monthly fees and what they include.

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 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 I

I know North I 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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    1600 Mickleborough Drive Unit 52 | $432,888 | Battaglia Team