1817 Gough Avenue, London North

Price: $769,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13520138

GRANNY SUITE OR EXCELLENT INCOME POTENTIAL! Welcome to 1817 Gough Avenue, located in a desirable family-friendly neighbourhood in North London. This beautifully maintained two-storey home offers 3+2 bedrooms, 3.5 bathrooms, two kitchens, two separate laundry areas, and a functional layout that's perfect for growing families, multi-generational living, or investors. Step inside to a bright and inviting main floor filled with natural light. The spacious living room flows into a large kitchen featuring stainless steel appliances, a breakfast bar, and an open-concept dining area-ideal for everyday living and entertaining. office, TV room, or playroom. The spacious primary bedroom features a walk-in closet and a 3-Upstairs, you'll find a versatile family room that can easily serve as a fourth bedroom, home piece ensuite, while two additional generously sized bedrooms and a 4-piece main bathroom complete the upper level. The fully finished basement features a separate entrance, making it ideal as a granny suite or mortgage helper. It includes 2 bedrooms, a second full kitchen, a spacious living area, and its own separate laundry, providing excellent privacy and outstanding rental potential. Step outside to enjoy the covered deck, beautifully landscaped fully fenced backyard, stamped concrete driveway and walkway, and a double-car garage. Recent updates include a new roof (2019) and garage door (2022). Ideally located close to Stoney Creek YMCA, the library, Masonville Shopping Centre, Western University, schools, parks, playgrounds, walking trails, public transit, and other everyday amenities, this move-in-ready home truly has it all. Don't miss this incredible opportunity to own a versatile home with granny suite and income potential!

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New Listing
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$769,000 - 1817 Gough Avenue, London North

Detached for Sale in London North

New — Listed 4 days ago

Neighbourhood: North C

5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13520138
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
London North
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

GRANNY SUITE OR EXCELLENT INCOME POTENTIAL! Welcome to 1817 Gough Avenue, located in a desirable family-friendly neighbourhood in North London. This beautifully maintained two-storey home offers 3+2 bedrooms, 3.5 bathrooms, two kitchens, two separate laundry areas, and a functional layout that's perfect for growing families, multi-generational living, or investors. Step inside to a bright and inviting main floor filled with natural light. The spacious living room flows into a large kitchen featuring stainless steel appliances, a breakfast bar, and an open-concept dining area-ideal for everyday living and entertaining. office, TV room, or playroom. The spacious primary bedroom features a walk-in closet and a 3-Upstairs, you'll find a versatile family room that can easily serve as a fourth bedroom, home piece ensuite, while two additional generously sized bedrooms and a 4-piece main bathroom complete the upper level. The fully finished basement features a separate entrance, making it ideal as a granny suite or mortgage helper. It includes 2 bedrooms, a second full kitchen, a spacious living area, and its own separate laundry, providing excellent privacy and outstanding rental potential. Step outside to enjoy the covered deck, beautifully landscaped fully fenced backyard, stamped concrete driveway and walkway, and a double-car garage. Recent updates include a new roof (2019) and garage door (2022). Ideally located close to Stoney Creek YMCA, the library, Masonville Shopping Centre, Western University, schools, parks, playgrounds, walking trails, public transit, and other everyday amenities, this move-in-ready home truly has it all. Don't miss this incredible opportunity to own a versatile home with granny suite and income potential!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,945.37/mo

Includes CMHC insurance ($21,455)

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5-yr fixed avg.

Principal: $692,100Interest: $470,055
Mortgage Amount$713,555
Total Interest$470,055
Est. Property Tax$545/mo
Total Cost$1,183,611

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 C

Discover North C

North C 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 C

  • 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 C 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

1817 Gough Avenue, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$545
Insurance (est.)-$160
Net Cash Flow+$2,995

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 $385/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.

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 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 C

I know North C 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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    1817 Gough Avenue, London North | $769,000 | Battaglia Team