172 CHEPSTOW Close, London North

Price: $649,900

3 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13491620

Fantastic location and premium lot! Welcome to 172 Chepstow Close, a beautifully updated 3-bedroom+Den, 3+1 bathroom home tucked away on a quiet court in the highly sought-after Chesham Estates community of North London. Set on a premium lot and featuring a rare walk-out basement, this move-in-ready property offers the perfect blend of comfort, functionality, and long-term value. Thoughtfully upgraded throughout, the home features updated flooring (2026), fresh paint (2026), a newly added ensuite in the primary bedroom (2026), a refreshed deck (2026), and a dishwasher (2026), creating a bright and inviting space for everyday living. The spacious layout is ideal for families, while the walk-out basement adds valuable flexibility for extended-family living, recreation, or future income potential. A double garage adds everyday convenience and practical storage. Located just minutes from Western University, top-rated schools, parks, shopping, restaurants, and everyday amenities, this is an excellent opportunity for first-time buyers, families, or investors looking to own a well-upgraded home in one of North London's most desirable neighbourhoods.

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active
New Listing
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$649,900 - 172 CHEPSTOW Close, London North

Detached for Sale in London North

New — Listed 6 days ago

Neighbourhood: North K

3Beds
4Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13491620
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London North
Listing Brokerage
BAY STREET GROUP INC.
Description

Fantastic location and premium lot! Welcome to 172 Chepstow Close, a beautifully updated 3-bedroom+Den, 3+1 bathroom home tucked away on a quiet court in the highly sought-after Chesham Estates community of North London. Set on a premium lot and featuring a rare walk-out basement, this move-in-ready property offers the perfect blend of comfort, functionality, and long-term value. Thoughtfully upgraded throughout, the home features updated flooring (2026), fresh paint (2026), a newly added ensuite in the primary bedroom (2026), a refreshed deck (2026), and a dishwasher (2026), creating a bright and inviting space for everyday living. The spacious layout is ideal for families, while the walk-out basement adds valuable flexibility for extended-family living, recreation, or future income potential. A double garage adds everyday convenience and practical storage. Located just minutes from Western University, top-rated schools, parks, shopping, restaurants, and everyday amenities, this is an excellent opportunity for first-time buyers, families, or investors looking to own a well-upgraded home in one of North London's most desirable neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.32/mo

Includes CMHC insurance ($18,132)

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5-yr fixed avg.

Principal: $584,910Interest: $397,255
Mortgage Amount$603,042
Total Interest$397,255
Est. Property Tax$460/mo
Total Cost$1,000,297

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 K

Discover North K

North K 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 K

  • 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 K 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

172 CHEPSTOW Close, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$2,205

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 $591/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.

Just Listed - Act Strategically

This property hit the market within the last week. In London North's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 K

I know North K 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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    172 CHEPSTOW Close, London North | $649,900 | Battaglia Team