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569 Franklinway Gate

London North, N6G 5C8·MLS® X13104700·

Listing courtesy of Exp Realty·Updated May 8

For sale
1 / 50
4Beds
5Baths
5000 +Sqft
31-50Year Built

Listing price

$2,750,000

Est. $13,098/mo

Days on market

37

Listed May 8, 2026

Description

Custom-built estate just under 7,000 sq. ft., this one-of-a-kind residence backs onto the Medway River and was awarded Ontario's Custom Home of the Year upon completion. Tucked away on one of North London's most prestigious streets, the home sits on nearly an acre with a stamped horseshoe concrete drive leading to the triple car garage. Inside, timeless craftsmanship is evident with rich woodwork throughout, a formal living room with wood-lined ceilings, custom built-ins, and ambient lighting. The main floor offers four bedrooms, with two additional potential bedrooms upstairs, along with a wood-paneled office, a custom gym above the garage, and an extra family room above the billiards room. The spacious eat-in kitchen opens to a sunroom and screened patio, while heated flagstone walkways and patios flow to a fully reimagined backyard oasis. The exterior was completely redesigned with professional landscaping, custom stone sills, outdoor lighting, power screens, a multi-sport court that converts to a winter rink, a custom all-season hot tub spa, and an outdoor bathroom with oversized equipment room designed for a future infinity pool. Bellissimo light fixtures, a 19-zone irrigation system, and invisible fencing complete the grounds. The primary suite features its own living room and private courtyard, while all bathrooms were fully redesigned between 2012-2014 with luxurious finishes. Comfort upgrades include spray-foam insulation, a newer HVAC system, and a state-of-the-art Elgin Pure Water purification system. Modern technology abounds with Savant whole-home automation, Legrand touch switches, motorized roller shades, a 12-camera security system, and an integrated outdoor sound system.Blending award-winning design with extensive updates, this estate offers unmatched privacy, sophistication, and lifestyle truly one of Londons most distinguished residences.

Property details

Garage

3 car Attached

Basement

Development Potential

Parking

18 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$2,612,500Below Market
$2,447,500$2,777,500

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Whitehills

London North, ON

Established northwest neighbourhood with mature trees and convenient access to Hyde Park.

Monthly payment estimate

Mortgage (5.24%, 25yr)$13,098
Property tax$2,979
Insurance (est.)$573
Utilities (est.)$250
Total monthly$16,900

Land transfer tax

Ontario LTT

$55,225

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

May 8, 2026Listed
$2,750,000

Sold comparables nearby

2577 Buroak Drive, London NorthSold

$758,000

2577 Buroak Drive, London North

3 bd·3 ba·1,500-2,000 sqft
115 Acorn Crescent, London NorthSold

$660,000

115 Acorn Crescent, London North

3 bd·3 ba·1,500-2,000 sqft

See all 10 comparables

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Market conditions · North R

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$11,000

Rental yield

4.8%

Est. cash flow

-$5,900

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$633,739

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$2,612,500

Below Market

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