$749,000 - 274 Tamblyn Drive, London North
Detached for Sale in London North
46 days on marketNeighbourhood: North K
- MLS Number
- X13539554
- Property Type
- Detached
- Status
- active
- Days on Site
- 46
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London North
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Exceptional Opportunity Just Steps From Western University! Whether You're An Investor, Parent Looking To Invest While Your Student Attends University, Or A Buyer Seeking A Home With Excellent Income Potential, This Beautifully Maintained Property Offers Outstanding Flexibility. Featuring Two Self-Contained Living Spaces, Each With 2 Bedrooms And 1 Bathroom, This Turnkey Home Provides Multiple Options For Owner Occupancy Or Investment. Currently Generating Approximately $900 Per Bedroom (Utilities Included), With Existing Tenants In Place Until April 2027, It Offers Immediate Income And Future Flexibility. Beautifully Updated Throughout With Carpet-Free Flooring In The Main Unit, Modern Kitchens Featuring Quartz Countertops, And Large Windows That Fill The Home With Natural Light. All High-Quality Furnishings Are Included, Making This A True Turnkey Opportunity. Outside, Enjoy A Fully Fenced Backyard Complete With A Spacious Deck, Top Of The Line Cedar Log Storage Shed, And A Double-Car Garage. Situated On A Desirable Corner Lot With No Sidewalk To Maintain, And Just Minutes To Western University, Transit, Shopping, Restaurants, And Everyday Amenities, This Is A Rare Opportunity To Own A Move-In-Ready Property In One London's Most Sought-After Rental Locations
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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 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
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.
274 Tamblyn 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 $1070/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.
Negotiation Opportunity
At 46 days on site, this property has exceeded the typical selling timeline for London North. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
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.