231 Callaway Road Unit 8, London North

Price: $759,900

5 bedrooms, 5 bathrooms

2,250 sqft

Property Type: Condo

MLS#: X14106254

WELCOME TO UPPER RICHMOND VILLAGE! Experience the perfect combination of contemporary design, spacious living, and quality finishes in this impressive 5-bedroom, 5-bathroom townhome. Thoughtfully designed across multiple levels, this home offers exceptional space and flexibility for growing families or multi-generational living. Built in 2021, this beautifully appointed home features 10-foot ceilings, engineered hardwood flooring, ceramic tile, quartz countertops, premium cabinetry, and upgraded lighting and plumbing fixtures. The open-concept living area showcases a stunning linear fireplace with built-in shelving, while the spacious kitchen boasts a large waterfall quartz island with a sink, perfect for everyday living and entertaining. The second-floor primary suite offers a private retreat with a walk-in closet and an elegant ensuite bathroom. Enjoy outdoor living at its finest with a private rooftop terrace and additional outdoor spaces overlooking the Village Commons Park area. A major highlight is the fully finished basement with a separate entrance, offering excellent potential for an in-law suite or extended family accommodation. The lower level includes an additional bedroom, a full bathroom, a walk-in closet, and a laundry area, providing added convenience and versatility. Additional features include a BBQ hookup on the deck and rough-ins for central vacuum. Ideally situated close to schools, shopping, parks, and the many amenities of Masonville, this exceptional property offers modern comfort, versatile living space, and a desirable location. A wonderful opportunity to make this beautiful home your own!

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active
New Listing
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$759,900 - 231 Callaway Road Unit 8, London North

Condo for Sale in London North

New — Listed today

Neighbourhood: North C

5Beds
5Baths
2,250Sq Ft
Condo

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Property Details
MLS Number
X14106254
Property Type
Condo
Status
active
Days on Site
0
Bedrooms
5
Bathrooms
5
Square Feet
2,250 sqft
Neighbourhood
London North
Taxes (2025)
$6,069
Maintenance Fees
$336/mo
Locker
None
Exposure
North West
Balcony
Terrace
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

WELCOME TO UPPER RICHMOND VILLAGE! Experience the perfect combination of contemporary design, spacious living, and quality finishes in this impressive 5-bedroom, 5-bathroom townhome. Thoughtfully designed across multiple levels, this home offers exceptional space and flexibility for growing families or multi-generational living. Built in 2021, this beautifully appointed home features 10-foot ceilings, engineered hardwood flooring, ceramic tile, quartz countertops, premium cabinetry, and upgraded lighting and plumbing fixtures. The open-concept living area showcases a stunning linear fireplace with built-in shelving, while the spacious kitchen boasts a large waterfall quartz island with a sink, perfect for everyday living and entertaining. The second-floor primary suite offers a private retreat with a walk-in closet and an elegant ensuite bathroom. Enjoy outdoor living at its finest with a private rooftop terrace and additional outdoor spaces overlooking the Village Commons Park area. A major highlight is the fully finished basement with a separate entrance, offering excellent potential for an in-law suite or extended family accommodation. The lower level includes an additional bedroom, a full bathroom, a walk-in closet, and a laundry area, providing added convenience and versatility. Additional features include a BBQ hookup on the deck and rough-ins for central vacuum. Ideally situated close to schools, shopping, parks, and the many amenities of Masonville, this exceptional property offers modern comfort, versatile living space, and a desirable location. A wonderful opportunity to make this beautiful home your own!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,898.68/mo

Includes CMHC insurance ($21,201)

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5-yr fixed avg.

Principal: $683,910Interest: $464,493
Mortgage Amount$705,111
Total Interest$464,493
Est. Property Tax$538/mo
Total Cost$1,169,604

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

231 Callaway Road Unit 8, London North

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,560/mo
Range: $3,876 - $5,244
Cap Rate (ROI)
5.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,560
Maintenance Fees-$336
Property Tax (est.)-$538
Insurance (est.)-$158
Net Cash Flow+$3,528

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 $338/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.

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. The $336/month fees should cover building insurance, common elements, and reserve contributions.

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 5 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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    231 Callaway Road Unit 8, London North | $759,900 | Battaglia Team