557 Inverness Avenue
London North, N6H 5R3·MLS® X13177422·
Listing courtesy of Royal Lepage Triland Realty·Updated May 26
Listing price
$989,900
Est. $4,715/mo
Days on market
Listed May 26, 2026
Description
Welcome to Oakridge Acres. Pride of Ownership is evident in this property!! This very well kept 3 plus 2 bedroom ranch style home with oversized double attached garage is located on possibly the best lot in the subdivision. The airy floor plan features a spacious entrance, vaulted ceiling in the Great Room with Gas Fireplace, 2 Skylights, Executive Master Bedroom with 5 pc Ensuite. Main floor Laundry, fabulous, functional Kitchen and Dining Area leading to an amazing covered patio and private yard, totally fenced with its own forested area. The Lower Level features a huge Family Room/Exercise Room, 2 bedrooms, lots of storage and a 3 pc bathroom. This home is a great condo alternative for retirees. There is a professionally finished workshop, insulated, hydro and nicely laid out. The Potting Shed has Great Light and Space. Great for hobbies and gardening. The backyard is an Oasis, with mature trees, and a very well thought out variety of perennials plus a vegetable garden. Don't miss this Beautiful Property!!
Property details
Garage
2 car Attached
Basement
Finished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London North, ON
Southwest neighbourhood with a mix of housing styles anchored by Colonel Talbot Road.
Monthly payment estimate
Land transfer tax
Ontario LTT
$16,273
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$626,000
456 Rippleton Road, London North
Sold$665,000
937 Luxton Drive, London North
See all 10 comparables
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Market conditions · North P
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
$3,960
Rental yield
4.8%
Est. cash flow
-$2,283
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$234,114
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$1,020,587
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