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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13866834For SaleCondo Townhouse

5-270 North Centre Rd

North R, London North, Ontario N6G 5E2

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5-270 North Centre Rd, London North, photo 1
Asking$525,000
Bedrooms
2+1
Bathrooms
2
Size
1,200–1,399sq ft
Per sq ft
$404at the range’s middle
Tax a year
$4,2582025 tax year
Built
16-30
Parking
21 attached
Days on market
Members

The brief

About 5-270 North Centre Rd

5-270 North Centre Rd is a 2+1-bedroom, 2-bathroom condo townhouse in North R, London North, listed for sale at an asking price of $525,000 (MLS® X13866834).

Beautiful one-floor condo townhome with finished walk-out lower level in a quiet hillside community on the north edge of the Masonville shopping district, a short walk from markets, grocery, restaurants, public transit and Masonville Mall. This well managed condo community, with very reasonable condo fees, is a hidden gem tucked away just off Richmond Street and Fanshawe Park Road and is convenient to all north London amenities including University Hospital and Western University. This bright and spacious 2+1 Bedroom townhome has premium features including extra high 10 foot ceilings in the main living area, gas fireplace in the living room and hardwood and tile flooring throughout the main floor. Kitchen has granite counters, updated hardware, eat-in dining area with door to private rear deck and views of the treed rear yard. Primary bedroom suite includes walk-in closet and 3 piece ensuite bathroom with new vanity (26). Second bedroom also has high ceilings and view of the rear yard. Main bathroom was also updated in 2018. Lower-level rec room has glass doors to the rear patio. Study or 3rd bedroom completes the lower-level finishes. Plenty of storage and room for additional living space including bathroom rough-in. Other updates include new furnace (20), washer, dryer and Fridge (17). Centrally located within the condo community, this one is worth a look.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$139/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 7 homes with 3 bedrooms for lease in North R right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,258 / 2025
MLS® number
X13866834
Board
TRREB MLS®
Property Type
Condo Townhouse
Building Age
16-30
Days on market
Size
1200-1399 sqft
Listed on
Parking
1 Attached, 2 Parking
Listing brokerage: SUTTON GROUP SELECT REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Townhouse
Style
Bungalow
Community
North R
Municipality
London North

Building

Size
1200-1399 sqft
Building Age
16-30
Construction
Brick

Inside

Bedrooms
2+1
Bathrooms
2
Bathroom Details
2 × 3pc Ground
Basement Type
Finished with Walk-Out
Kitchens
1

Parking

Garage Type
Attached
Garage
1
Additional Parking
1
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Den
No
Family room
No
Extras
Fridge, Gas Range, Dishwasher, Washer, Dryer
Condo maint.
$388

Rooms

RoomSizeFeaturesLevel
Living5.8 × 4.08 mhardwood floor, Gas FireplaceGround
Kitchen3.05 × 2.78 mTile CeilingGround
Primary4.59 × 3.48 mhardwood floor, 3 Pc Ensuite, W/I ClosetGround
Br3.45 × 2.74 mHardwood FloorGround
Dining3.05 × 2.78 mTile FloorGround
Rec4.45 × 6.25 mVinyl FloorBsmt

Listing history

Buy/sell history for 5-270 North Centre Rd, London North, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$525,000N/AFor SaleX13866834

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $105,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$105,000
Total mortgage amount
$420,000
Total interest payment
$298,800
Total purchase cost
$823,800
Mortgage payment
$2,396/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

25%

Monthly carrying cost

$3,139
−$139per month
  • Rent $3,000
  • Shortfall $139

Rental income opens at $3,000, the median asking rent of 7 comparable homes for lease in North R. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$6,975
Total land transfer tax
$6,975
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$2,975
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $525,000
$2,500
Ontario total
$6,975

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 5 on fileRead 2026-11-02
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 12.2 m below ground nearbyBedrock about 39 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 9.7 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by London Hydro Inc.Fibre to the home, Cable, DSL internet listed for this area
On record Checked, none on record

Water and conservation4

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m
  • Groundwater recorded about 12.2 m below ground nearbyThe middle water level in the well records within 500 m (26 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 39 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 9.7 km9.7 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The University of Western Ontario — Main Campus, 2.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet2

  • Electricity is distributed here by London Hydro Inc.At the address
  • Fibre to the home, Cable, DSL internet listed for this areaFibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, TekSavvy, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.At the address

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Condos for sale in North R right now

For sale now
13
Median asking price
$609K

Middle half: $525K to $730K

New in 7 days
2

7 in 28 days

Price cuts
0%

0 listings

This home is asking 14% below the median.

See all homes in North R

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Masonville Public SchoolThames Valley DSBPublic · grades JK–8350 m93%Grade 6 average
St Catherine of Siena Elementary SchoolLondon District Catholic School BoardCatholic · grades JK–8500 m79%Grade 6 average
Jack Chambers Public SchoolThames Valley DSBPublic · grades JK–81.6 km97%Grade 6 average
École élémentaire Marie-CurieConseil scolaire ViamondeFrench-language public · grades JK–66.9 km88%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Medway High SchoolThames Valley DSBPublic · grades 9–122.6 km69%Grade 9 math
Sir Frederick Banting Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion3.3 km55%Grade 9 math
Mother Teresa Catholic Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–12 · French Immersion3.7 km58%Grade 9 math
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–124.6 km57%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in North R are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record