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Homes for Sale in London, Ontario

1049 Melsetter Way

London North, N6G 5C7·MLS® X13591040·

Listing courtesy of Homelife/future Realty INC.·Updated 2 hours ago

For sale
4Beds
4Baths
3,000-3,500Sqft
Year Built

Listing price

$1,049,888

Est. $5,000/mo

Days on market

2

Listed Jul 21, 2026

Description

Luxury 2-Storey Custom Built Beautiful Detached Home Located In A Quiet Neighborhood. This Great Home Features An Exceptional Layout Including Master Bedroom With Its Own Walk-In-Closet And 5 Piece Ensuite, As Well As Two Bedrooms With 5 Piece Ensuite And Own Closet. The Main Floor Has Hardwood Floors And Crown Molding. It Features A Private Office Room, Formal Dining Room, Spacious Mudroom With Laundry, Closet, Access From The Garage, And An Open Concept Living Area With A Chef-Inspired Kitchen Complete With A Large Island, Pantry, And High-End Finishes With Quarts Counter Top, Flowing Into A Cozy Family Room With Fireplace. Double Glass Doors Lead Directly To The Backyard Deck, Fully Fenced Private Backyard Perfect For Entertainment Or Relaxing In Nature. Newly Done Features Include: All Walls And Doors Are Freshly Painted & Pot Lights Fixtures In The Main Floor. Double Door Entrance. Unfinished Basement With Big Size Lookup Windows And Separate Entrance, Waiting For Your Own Design. Residence Is Ideally Located In One Of North London's Most Desirable Communities Situated Beside The Park With Playground And Is Close To Great High Schools, Shopping, Trails, Golf Courses.

Property details

Garage

2 car Attached

Basement

Separate Entrance, Unfinished

Parking

4 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$1,200,000Above Market
$1,088,914$1,415,556

77% confidence · 27 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Hyde Park

London North, ON

Northwest London's premier family neighbourhood.

Monthly payment estimate

Mortgage (5.24%, 25yr)$5,000
Property tax$1,137
Insurance (est.)$219
Utilities (est.)$250
Total monthly$6,607

Land transfer tax

Ontario LTT

$17,473

First-time rebate

$4,000

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

Price & listing history

Jul 21, 2026Listed
$1,049,888

Sold comparables nearby

315 Ambleside Drive, London NorthSold

$820,000

315 Ambleside Drive, London North

4 bd·3 ba·2,500-3,000 sqft
3028 Buroak Drive, London NorthSold

$755,000

3028 Buroak Drive, London North

4 bd·3 ba·2,000-2,500 sqft

See all 10 comparables

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Market conditions · North S

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

$4,200

Rental yield

4.8%

Est. cash flow

-$2,407

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$247,752

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

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AI estimate

$1,200,000

Above Market

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