Homes for Sale in London, Ontario
2217 Wateroak Drive
London North, N6G 5B4·MLS® X13536930·
Listing courtesy of Re/max President Realty·Updated 2 hours ago
Listing price
$1,299,000
Est. $6,187/mo
Days on market
Listed Jul 8, 2026
Description
An exceptional opportunity to own the builder's original model home on the largest premium lot in the subdivision! This stunning detached residence offers nearly 3,900 sq. ft. of beautifully finished living space and showcases over $200,000 in premium upgrades throughout. Designed for both luxury and functionality, the home features 3 full bathrooms on the upper level, spacious principal rooms, and spectacular floor-to-ceiling rear windows that flood the interior with natural light while overlooking the expansive backyard. The tandem garage has been professionally converted into a double-car garage with an additional finished room, providing incredible flexibility for a home office, gym, workshop, or extra storage. Situated on a premium no-sidewalk lot, the property offers enhanced curb appeal, extra driveway parking, and one of the most desirable settings in the neighborhood. Every detail reflects quality craftsmanship, thoughtful design, and pride of ownership. A rare, move-in-ready luxury home that combines premium upgrades, generous living space, and an unbeatable lot-this is a must see!
Property details
Garage
2 car Attached
Basement
Separate Entrance, Finished
Parking
7 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
78% confidence · 31 sold homes within 2 km, by price per sq ft
Monthly payment estimate
Land transfer tax
Ontario LTT
$22,455
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$620,000
56 Hawthorne Road, London North
Sold$570,000
1790 Aldersbrook Road, London North
See all 10 comparables
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Market conditions · North S
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
$5,196
Rental yield
4.8%
Est. cash flow
-$2,919
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$304,314
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$1,148,616
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