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For sale

$399,900

Est. $1,873/mo mortgage

0ba

1425 Adelaide Street · London, N5X 2P9

MLS® X13616284

99 days on market99 days on market

Listed Jul 29, 2026

Listing courtesy of Century 21 First Canadian Corp·Listing last changed Jul 29

Key facts

Property type
Vacant Land
Lot size
75.19 × 105.21 ft · < 0.50 acres
Property tax
$1,779/yr (2026)

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 · < 0.50 acres

Fees & taxes

Property tax
$1,779/yr (2026)

Location & neighbourhood

Directions
Stoneybrook →

London North, ON

Established subdivision east of Masonville surrounded by the Stoney Creek Valley.

Schools nearbyclosest is A B Lucas Secondary School, 630 m

Elementary

  • Stoneybrook Public School

    760 m · Grades JK-8

    Thames Valley District School Board

    7.1
  • St. Kateri Separate School

    1.1 km · Grades JK-8

    London District Catholic School Board

    8.0
  • Louise Arbour French Immersion Public School

    1.5 km · Grades JK-8

    Thames Valley District School Board

    7.7

Secondary

  • A B Lucas Secondary School

    630 m · Grades 9-12

    Thames Valley District School Board

    6.8
  • École secondaire catholique Monseigneur-Bruyère

    2.1 km · Grades 9-12

    Conseil scolaire de district des écolesCatholique

    6.3
  • Mother Teresa Catholic Secondary School

    2.3 km · Grades 9-12

    London District Catholic School Board

    5.5

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 School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement.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. $2,355/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,873
Property tax$148
Insurance (est.)$83
Utilities (est.)$250
Total monthly$2,355
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 $96,000 household income

Minimum household income required

$96,000

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

Not sure about financing? Call Colin at (226) 212-5099 or text

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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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(226) 212-5099 · Email Colin

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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