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515 Skyline Avenue #31

London North, N6G 0H4·MLS® X13487760·

Listing courtesy of Initia Real Estate (ontario) LTD·Updated 5 hours ago

For sale
1 / 39
4Beds
5Baths
2,750-2,999Sqft
Year Built

Listing price

$1,150,000

Est. $5,477/mo

Days on market

1

Listed Jun 25, 2026

Description

Nestled in the highly sought-after Uplands community,this exceptional home backs onto a tranquil green space buffer and features a fully finished walkout basement with extra-high ceilings ,in-floor heating, one bedroom ,one full bath, and the rare convenience of 2 separate staircases providing basement access for both the main foyer and the mudroom. The home offers four bedrooms with ensuite privileges, including a well-designed Jack-and-Jill bathroom. Car enthusiasts and hobbyists will appreciate the oversized heated 3-car garage, complete with a tandem bay, in-floor heating, and durable epoxy flooring. Open concept design offers a huge family room & south-facing kitchen with quartz countertops, SS appliances including gas-burning stove & oven, a walk-in pantry, and a convenient pot filler. The main floor boasts 9-foot ceilings, hardwood staircases with wrought-iron spindles, crown moulding, and an abundance of natural light from numerous large windows. Quartz countertops are featured in all bathrooms except the basement bath. Additional interior highlights include two gas fireplaces, soaring Cathedral and tray ceilings, Hot tub (2023), Dishwasher/washer/dryer(2024), hardwood flooring (2023), furnace/AC/Hot water Heater (2025). Step outside to enjoy the covered rear porch and expansive 34' x 13' deck directly off the kitchen-perfect for entertaining or relaxing while enjoying the peaceful setting. The beautifully maintained grounds are further enhanced by a concrete driveway, and mature landscaping that complements the home's exceptional setting. Ideally located within the highly coveted school catchment areas for A.B. Lucas Secondary School and Jack Chambers Public School, this home presents a rare outstanding opportunity for families seeking access to two of the area's most prestigious and highly ranked schools.

Property details

Garage

3 car Attached

Basement

Finished with Walk-Out

Parking

5 spaces

Type

Other — 2-Storey

Heating

Forced Air

AI property estimate

$1,092,500Below Market
$1,023,500$1,161,500

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Uplands

London North, ON

Quiet north-end neighbourhood popular with families for its proximity to Masonville.

Monthly payment estimate

Mortgage (5.24%, 25yr)$5,477
Property tax$1,246
Insurance (est.)$240
Utilities (est.)$250
Total monthly$7,213

Land transfer tax

Ontario LTT

$19,475

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 25, 2026Listed
$1,150,000

Sold comparables nearby

92 - 1820 Canvas Way, London NorthSold

$490,000

92 - 1820 Canvas Way, London North

3 bd·3 ba·1,400-1,599 sqft
507 Blue Jay Drive, London NorthSold

$655,000

507 Blue Jay Drive, London North

3 bd·3 ba·1,400-1,599 sqft

See all 7 comparables

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Market conditions · North B

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

$4,600

Rental yield

4.8%

Est. cash flow

-$2,613

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

$270,487

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

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AI estimate

$1,092,500

Below Market

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