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$995,000

Estimated value $945K to $1M

Est. $4,661/mo mortgage

3bd·4ba·2,000-2,500sqft

2024 Wateroak Drive · London, N6G 0M6

MLS® X13574320

91 days on market91 days on market

Listed Jul 16, 2026

Listing courtesy of Comfree·Listing last changed Sep 29

Key facts

Property type
Detached
Square footage
2000-2500 sqft
Lot size
12.22 × 36.1 m
Parking
4 spaces
Property tax
$7,594/yr (2026)

Description

Beautifully upgraded two-storey home with a fully finished walkout basement, backing onto a peaceful ravine, walking trail, and small stream. Designed for both everyday living and entertaining, this home features upgraded countertops, cabinetry, and flooring throughout, a stunning gas fireplace, and an elevated deck overlooking the private backyard. The walkout basement offers a covered patio, abundant storage, a workshop, and rough-in plumbing for a future bar sink or kitchenette. Outside, enjoy a professionally landscaped backyard oasis with extensive gardens, a pond, irrigation system, custom potting shed, and full fencing. Additional highlights include custom blackout blinds, custom closet organizers, central vacuum rough-in, Cat 5 wiring for networking and security, an electric pet fence, and a beautifully private setting close to nature. A rare opportunity in a sought-after neighbourhood.

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Property details

Interior

Size
2000-2500 sqft
Rooms
4 rooms
Bathrooms
1 × 5-piece on Upper, 1 × 4-piece on Upper, 1 × 2-piece on Main, 1 × 3-piece on Lower
Basement
Finished with Walk-Out
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Lot size
12.22 × 36.1 m
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2 car Attached
Parking
4 spaces

Fees & taxes

Property tax
$7,594/yr (2026)

Rooms

Second

Bedroom
4.42 × 3.84 m
Bedroom
4.42 × 3.84 m
Bedroom
5.94 × 4.65 m

Estimated value range

$945K to $1M

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Fox Hollow →

London North, ON

Master-planned north London neighbourhood with modern homes and family amenities.

Schools nearbyclosest is St. Andre Bessette Secondary School, 350 m

Elementary

  • Northwest Public School

    750 m · Grades JK-8

  • Sir Arthur Currie Public School

    760 m · Grades JK-8

    Thames Valley District School Board

    8.5
  • St. Gabriel Catholic Elementary School Catholic Elementary School

    1.0 km · Grades JK-8

Secondary

  • St. Andre Bessette Secondary School

    350 m · Grades 9-12

    London District Catholic School Board

    5.5
  • Sir Frederick Banting Secondary School

    2.6 km · Grades 9-12

    Thames Valley District School Board

    5.7

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $5,751/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$4,661
Property tax$633
Insurance (est.)$207
Utilities (est.)$250
Total monthly$5,751
Land transfer tax$16,375 on closing

Ontario LTT

$16,375

First-time rebate

−$4,000

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

Price & listing history

$995,000

Listed Jul 16, 2026

On the market

Sold comparables nearby

994 Foxcreek Road, London NorthSold

994 Foxcreek Road, London North

3 bd·4 ba·1,500-2,000 sqft
1588 Aldersbrook Road, London NorthSold

1588 Aldersbrook Road, London North

3 bd·2 ba·1,100-1,500 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.8 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$695,817

Sale-to-list ratio

97.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $240,000 household income

Minimum household income required

$240,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin →
Rental market$2,750/mo median for 3 bed nearby

$2,750/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 79 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

No obligation. Pick a time that suits you.

(226) 212-5099 · colin@searchlondonhomes.com

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