4 Ranchwood Crescent, London North

Price: $399,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: X13473824

Attention investors, and first-time buyers. This 2-storey semi-detached home in North London offers strong potential in an established neighbourhood close to schools, shopping, parks, transit, and major amenities. This property offers 3 spacious bedrooms and 2 bathrooms. The bright main floor features a comfortable living room, a separate dining area with sliding doors leading to the private backyard, and a functional kitchen. The partially finished lower level provides a recreation room and a laundry area. Many updates over the years include newer windows (3-4 years) and roof (10-15 years), kitchen, newer furnace and central air unit (both under contract). Ideal for those looking to build equity, expand an investment portfolio, or secure an affordable property in a convenient location. Flexible possession available.

4 Ranchwood Crescent - Semi-Detached photo 1 of 11 in London North, Ontario
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$399,900 - 4 Ranchwood Crescent, London North

Semi-Detached for Sale in London North

3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
X13473824
Property Type
Semi-Detached
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London North
Listing Brokerage
SUTTON GROUP PREFERRED REALTY INC.
Description

Attention investors, and first-time buyers. This 2-storey semi-detached home in North London offers strong potential in an established neighbourhood close to schools, shopping, parks, transit, and major amenities. This property offers 3 spacious bedrooms and 2 bathrooms. The bright main floor features a comfortable living room, a separate dining area with sliding doors leading to the private backyard, and a functional kitchen. The partially finished lower level provides a recreation room and a laundry area. Many updates over the years include newer windows (3-4 years) and roof (10-15 years), kitchen, newer furnace and central air unit (both under contract). Ideal for those looking to build equity, expand an investment portfolio, or secure an affordable property in a convenient location. Flexible possession available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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: London North

Discover London North

London North 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 London North

  • 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

London North 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

4 Ranchwood Crescent, 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)
7.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,434

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 $364/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.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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.

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    4 Ranchwood Crescent, London North | $399,900 | Battaglia Team