1492 North Vernon Avenue
London North, N5X 1N6·MLS® X13413044·
Listing courtesy of Royal Lepage Triland Realty·Updated 7 hours ago
Listing price
$549,900
Est. $2,619/mo
Days on market
Listed Jun 8, 2026
Description
This is the perfect opportunity for someone handy who wants to put some sweat equity into a property. An incredible opportunity to own a single-family home in one of London's most sought-after neighbourhoods boasting fabulous curb appeal, great "bones," and loved by the original owner since 1955. Built by Nellis Vine (as indicated by the owner) and nestled in the interior of Northridge, this 3-bedroom, 2-bathroom home features an inviting formal vestibule entry, a generous living room with a cut stone face fireplace and mantle with wood-burning insert, plus an oversized double attached garage backing onto Lucas High School tennis courts within a private, fully fenced and treed large lot (75 x 175). Eat-in kitchen with patio doors to the deck, a full basement with a second bathroom, and fabulous neighbours to boot. Set back from the road, it offers 6 parking spots in the driveway and another 2 in the garage with plenty of room for a workshop. Easy to show and ready for YOU! See Listing Agent for details regarding updates. Furnace and central air are from 2011, roof 2018. The property is being sold in "As is, where is" condition with no representations or warranties
Property details
Garage
2 car Attached
Basement
Full, Partially Finished
Parking
8 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London North, ON
One of London's fastest-growing areas with parks, ponds, and creek-side trails.
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,473
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$575,000
78 Sussex Place, London East
Sold$770,000
1408 Devos Drive, London North
See all 10 comparables
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Market conditions · North H
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
$2,200
Rental yield
4.8%
Est. cash flow
-$1,380
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$134,241
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$566,947
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