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1492 North Vernon Avenue

London North, N5X 1N6·MLS® X13413044·

Listing courtesy of Royal Lepage Triland Realty·Updated 7 hours ago

3Beds
2Baths
700-1,100Sqft
51-99Year Built

Listing price

$549,900

Est. $2,619/mo

Days on market

2

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

$566,947Above Market
$533,953$599,941

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Stoney Creek

London North, ON

One of London's fastest-growing areas with parks, ponds, and creek-side trails.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,619
Property tax$596
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,580

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

Jun 8, 2026Listed
$549,900

Sold comparables nearby

78 Sussex Place, London EastSold

$575,000

78 Sussex Place, London East

3 bd·3 ba·1,100-1,500 sqft
1408 Devos Drive, London NorthSold

$770,000

1408 Devos Drive, London North

3 bd·4 ba·2,000-2,500 sqft

See all 10 comparables

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Market conditions · North H

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

$2,200

Rental yield

4.8%

Est. cash flow

-$1,380

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

$134,241

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

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AI estimate

$566,947

Above Market

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