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1062 Melsetter Way

London North, N6G 0S4·MLS® X13233994·

Listing courtesy of Sutton Group - Select Realty·Updated 5 days ago

4Beds
3Baths
2,500-3,000Sqft
6-15Year Built

Listing price

$998,000

Est. $4,753/mo

Days on market

7

Listed Jun 3, 2026

Description

This contemporary executive home is the antidote if you're tired of cookie cutter. Directly across from a park, your experience begins with a sunlit 2 storey foyer that sets a tone of airy sophistication. A dining room tucked behind glass paned double doors offers a focused space for long dinners without the distractions of the rest of the house. The living room is anchored by a minimalist gas fireplace- no bulky mantels, just clean aesthetics. It opens on the kitchen and heart of the home, which features custom cabinetry, a large social island and separate pantry. The lighted glass-fronted display cabinets are a focal point for your glassware. Upstairs the primary bedroom features a spa-like ensuite and a generous walk-in closet for a full wardrobe. There are 2 additional well-sized bedrooms and an "everything" room which is the wild card. The large room is perfect for a high-end medial lounge, a quiet home office or a 4th bedroom. The BEST part - the bonus rooms opens to an expansive balcony, the perfect spot to relax and look out over the park.

Property details

Garage

2 car Attached

Basement

Unfinished

Parking

6 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$968,060Below Market
$908,180$1,027,940

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Hyde Park

London North, ON

Northwest London's premier family neighbourhood.

Monthly payment estimate

Mortgage (5.24%, 25yr)$4,753
Property tax$1,081
Insurance (est.)$208
Utilities (est.)$250
Total monthly$6,292

Land transfer tax

Ontario LTT

$16,435

First-time rebate

$4,000

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

Price & listing history

Jun 3, 2026Listed
$998,000

Sold comparables nearby

2206 Tokala Trail, London NorthSold

$1,050,000

2206 Tokala Trail, London North

4 bd·5 ba·2,000-2,500 sqft
2831 BUROAK Drive, London NorthSold

$814,098

2831 BUROAK Drive, London North

4 bd·4 ba·2,000-2,500 sqft

See all 10 comparables

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Market conditions · North S

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

$3,992

Rental yield

4.8%

Est. cash flow

-$2,300

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

$235,964

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

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AI estimate

$968,060

Below Market

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