$398,000 - 340 Sugarcreek Trail Unit 510, London North
Condo for Sale in London North
New — Listed 6 days agoNeighbourhood: North N
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- MLS Number
- X14087060
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- London North
- Taxes (2026)
- $4,404
- Maintenance Fees
- $540/mo
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Welcome to this bright and spacious top-floor executive condominium offering 2 bedrooms, 2 full bathrooms, an oversized private balcony, underground parking, and a convenient storage locker located on the same level. This luxury suite is ideal for young professionals, empty nesters, or investors seeking a turnkey property with outstanding tenants already in place. Designed with quality and style throughout, the open-concept layout features a gourmet kitchen with custom cabinetry, a large island, granite countertops, stainless steel appliances, and in-suite laundry. The kitchen flows seamlessly into the dining and living areas, highlighted by a beautiful stone feature fireplace, perfect for relaxing or entertaining. The spacious primary bedroom offers a large walk-in closet and a luxurious ensuite with an oversized walk-in shower and direct access to the balcony. A generously sized second bedroom is ideal for guests, a home office, or additional living space. Additional features include window coverings, access to a guest suite for visitors, underground parking, and a storage locker conveniently located on the same floor. Ideally situated close to shopping, fine dining, Costco, public transit, Western University, University Hospital, and many other amenities. A fantastic investment opportunity with two exceptional long-term tenants currently paying $2,500 per month who would be happy to remain.
Estimate your monthly payments for this property
Estimated Payment
$2,041.95/mo
Includes CMHC insurance ($11,104)
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 N
North N 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 N
- •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 N 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.
340 Sugarcreek Trail Unit 510, London North
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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
Competitive Pricing
At $332/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 $540/month fees should cover building insurance, common elements, and reserve contributions.
About North N
I know North N 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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.