$649,900 - 488 Castlegrove Boulevard, London North
Detached for Sale in London North
Neighbourhood: North K
- MLS Number
- X13461912
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- Sutton Group - First Choice Realty Ltd.
Nestled in desirable Northwest London, 488 Castlegrove Boulevard combines a quiet, family-friendly setting with unbeatable convenience. Beautifully renovated and move-in ready, this 3+2 bedroom, 2 bathroom home offers exceptional space and versatility. The main floor features a bright eat-in kitchen, a dedicated dining area, and an inviting living space perfect for everyday living and entertaining. Upstairs, you'll find three spacious bedrooms and a stylish 5-piece bathroom complete with a bidet. The lower level offers even more living space with a large family room featuring a built-in bar, along with two generously sized bedrooms. It doesn't end there-continue to the next level where you'll find an additional 3-piece bathroom and a second kitchen, creating endless possibilities. Perfect for multi-generational living, extended family, guests, or those seeking added flexibility with a potential in-law suite. Step outside to enjoy a cute backyard, ideal for relaxing, gardening, or entertaining, along with a detached garage and ample parking for multiple vehicles. Located just minutes from Western University, excellent schools, parks, shopping, restaurants, and public transit. Outdoor enthusiasts will appreciate the nearby Medway Valley Heritage Forest and scenic walking trails, while active families will love being close to the Canada Games Aquatic Centre, featuring an Olympic-length 50-metre pool and year-round recreational programs. With easy access to major amenities and everything you need just moments away, this is an exceptional opportunity to enjoy space, flexibility, and lifestyle in one of London's most sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/mo
Includes CMHC insurance ($18,132)
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.
488 Castlegrove Boulevard, 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 $591/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 15 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.
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.
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.
Investment Perspective
Looking at this as an investment: London North properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.