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For sale

$399,900

Est. $1,873/mo mortgage

0bd·0ba

1425 Adelaide Street · London North, N5X 2P9

MLS® X13616284

56 days on market56 days on market

Listed Jul 29, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated Jul 29

Description

Exceptional residential building lot located in desirable North London. Offering approximately 7,900 sq. ft. with generous 75-foot frontage, this R2-2 zoned property provides excellent potential for future residential development. Ideal for builders, investors or anyone looking to construct a custom residence in an established neighbourhood. Close to shopping, schools, parks, Western University, University Hospital and all amenities. Buyer can verify zoning, permitted uses, servicing availability and development requirements with the City of London.

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Property details

Building & lot

Type
Vacant Land, Other
Lot size
75.19 × 105.21 ft · < .50 acres

Fees & taxes

Property tax
$1,779/yr (2026)

Location & neighbourhood

Directions
Northridge

London North, ON

North London neighbourhood with tree-lined streets backing onto the Thames River valley trails.

Monthly paymentest. $2,447/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,873
Property tax$241
Insurance (est.)$83
Utilities (est.)$250
Total monthly$2,447
Land transfer tax$4,474 on closing

Ontario LTT

$4,474

First-time rebate

$4,000

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

Price & listing history

$399,900

Listed Jul 29, 2026

On the market
Affordabilityneeds $100,000 household income

Minimum household income required

$100,000

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

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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