$1,150,000 - 515 Skyline Avenue Unit 31, London North
Condo for Sale in London North
Popular ListingNeighbourhood: North B
- MLS Number
- X13487760
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,750 sqft
- Neighbourhood
- London North
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- INITIA REAL ESTATE (ONTARIO) LTD
Nestled in the highly sought-after Uplands community,this exceptional home backs onto a tranquil green space buffer and features a fully finished walkout basement with extra-high ceilings ,in-floor heating, one bedroom ,one full bath, and the rare convenience of 2 separate staircases providing basement access for both the main foyer and the mudroom. The home offers four bedrooms with ensuite privileges, including a well-designed Jack-and-Jill bathroom. Car enthusiasts and hobbyists will appreciate the oversized heated 3-car garage, complete with a tandem bay, in-floor heating, and durable epoxy flooring. Open concept design offers a huge family room & south-facing kitchen with quartz countertops, SS appliances including gas-burning stove & oven, a walk-in pantry, and a convenient pot filler. The main floor boasts 9-foot ceilings, hardwood staircases with wrought-iron spindles, crown moulding, and an abundance of natural light from numerous large windows. Quartz countertops are featured in all bathrooms except the basement bath. Additional interior highlights include two gas fireplaces, soaring Cathedral and tray ceilings, Hot tub (2023), Dishwasher/washer/dryer(2024), hardwood flooring (2023), furnace/AC/Hot water Heater (2025). Step outside to enjoy the covered rear porch and expansive 34' x 13' deck directly off the kitchen-perfect for entertaining or relaxing while enjoying the peaceful setting. The beautifully maintained grounds are further enhanced by a concrete driveway, and mature landscaping that complements the home's exceptional setting. Ideally located within the highly coveted school catchment areas for A.B. Lucas Secondary School and Jack Chambers Public School, this home presents a rare outstanding opportunity for families seeking access to two of the area's most prestigious and highly ranked schools.
Estimate your monthly payments for this property
Estimated Payment
$5,086.84/mo
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 B
North B 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 B
- •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 B 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.
515 Skyline Avenue Unit 31, 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 $418/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.
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. We'll want to verify the monthly fees and what they include.
Larger Home Realities
At 2,750 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 B
I know North B 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.