For Sale

407 Castlegrove Place, London North, Ontario N6G 1L1

$824,900

407 Castlegrove Place, London North, Ontario N6G 1L1 is For Sale and has a listing price of 824,900. The property is located in the Medway neighbourhood . It's been on the website for 38 Days.

  • Detached
    Property Type
  • 5
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X12329508
  • Office Name ROCK STAR REAL ESTATE INC.
Property Description

Recently Renovated Duplex in Prime North London Location! Licensed, 4-level back-split detached home is a rare turnkey opportunity for investors or parents of Western University students. Offering excellent rental income, the property features two spacious, self-contained units each with two levels of living space and private outdoor areas. Unit A, renovated in 2021, offers a bright, open-concept main floor with living, dining, and kitchen areas, plus 3 generously sized bedrooms, 2 full bathrooms, and in-suite laundry on the upper level. Unit B is newly renovated and features two-level living with a modern open-concept layout, 2 large bedrooms, a full bathroom, and private laundry. In both units, bedrooms are located on a separate floor from the main living area, providing better privacy and sound insulation ideal for comfortable shared living. Each unit enjoys a private fenced yard with a storage shed and backs onto a peaceful park, offering beautiful views and added tranquility. The home sits on a large pie-shaped lot with parking for four vehicles. Rare utility separation includes two hydro meters, two furnaces, two A/C units, and two owned hot water heaters a major bonus for long-term investors. Currently tenanted for $4,400/month, with tenants paying all utilities and handling lawn and snow maintenance. Unbeatable location near Western University, Masonville Mall, Costco, T&T Supermarket, and excellent transit and amenities. A truly unique, income-generating gem in one of London’s most desirable neighbourhoods.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12329508
  • Price: $824,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 110.27
  • Ref ID: X12329508
  • Approx Sqft: 700-1100
  • Dir / Cross St: Sarnia and Wharncliffe
  • Status: Active
  • Tax Year: 2024
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
08/07/2025 X12329508 $824,900 For Sale - -
06/18/2025 X12228288 $849,900 Cancelled 08/06/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Medway
  • $636,003 Average List Price
    based on 1 year
  • 75 New Listings
    based on 30 days
  • 31 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.88 % Up
  • Sold (12mo) 114
  • Rented (12mo) 35

  • 1 Month Change +151.4%
  • 3 Month Change +127.9%
  • 6 Month Change +96.3%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Backsplit 4
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Brick, Vinyl Siding
  • Kitchen 2
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $5,459
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Fleible
  • Listing Entry Date: 07/08/2025 13:19:33
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