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$659,900

Estimated value $627K to $693K

Est. $3,091/mo mortgage

2+1bd·4ba·1,600-1,799sqft

475 Mcgarrell Drive Drive #31 · London, N6G 5K6

MLS® X13640844

92 days on market92 days on market

Listed Aug 5, 2026

Listing courtesy of Royal Lepage Triland Realty·Listing last changed Oct 21

Key facts

Property type
Detached condo
Square footage
1,600-1,799 sqft
Storeys
1
Age
16-30 years
Parking
4 spaces
Property tax
$5,648/yr (2025)

Description

Rare One-Floor Living in the Highly Desirable Masonville/Sunningdale Area! This beautifully updated all-brick and stucco detached condo offers the perfect combination of comfort, style, and low-maintenance living in one of North London's most sought-after neighborhoods. The extra-wide floor plan features 9-ft ceilings, hardwood flooring, a bright living room with soaring cathedral ceilings, and an open dining area with a large bay window. The stunning renovated white kitchen boasts quartz countertops, stainless steel appliances, a ceramic tile backsplash, a spacious pantry, and a large center island-perfect for everyday living and entertaining. Corner windows with transoms fill the space with natural light. Enjoy the convenience of true one-floor living with two generous main-floor bedrooms, including a spacious primary suite with a walk-in closet and ensuite featuring a glass shower. The professionally finished lower level provides exceptional additional living space with a large family room, third bedroom, full bathroom, and one of this home's most unique features-a newly installed private sauna, creating your own spa-like retreat to relax, recharge, and enjoy year-round wellness without leaving home. Step outside to a private, tree-lined backyard with an expansive deck and gas BBQ rough-in, ideal for entertaining or quiet evenings outdoors. Thoughtfully updated throughout with extensive 2025-2026 renovations, including a redesigned open-concept kitchen and dining area, renovated kitchen and basement bathroom, custom entertainment wall, central vacuum, new carpeting, and the addition of the private sauna. Low condo fees include lawn care, snow removal right to your front door, and maintenance of common elements, allowing you to enjoy a carefree lifestyle just minutes from Masonville shopping, Western University, University Hospital, parks, walking trails, restaurants, and every convenience North London has to offer.

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Property details

Interior

Size
1,600-1,799 sqft
Bedrooms
2 above grade, 1 lower level
Rooms
8 rooms
Bathrooms
1 × 4-piece on Ground, 1 × 3-piece on Ground, 1 × 3-piece on Basement, 1 × 1-piece on Basement
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air
Ensuite laundry
No

Building & lot

Type
Detached condo, Bungalow
Age
16-30 years
Exterior
Brick
Storeys
1
Exposure
North

Parking

Garage
2 car Attached
Parking
4 spaces
Locker
None

Fees & taxes

Condo fee
$270/mo
Pets
Yes, with restrictions
Property tax
$5,648/yr (2025)
Corporation
MCC 535
Managed by
Dickinson

Rooms

Ground

Kitchen
4.5 × 3.5 m
Bedroom 2
3.1 × 3.9 m
Dining Room
3.6 × 4.6 m
Primary Bedroom
3.35 × 4.3 m
Family Room
4.5 × 3.5 m

Basement

Recreation
7.6 × 4.6 m
Bedroom 3
3.1 × 3.9 m
Common Room, Sauna
3.2 × 4.7 m

Estimated value range

$627K to $693K

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
Masonville →

London North, ON

Upscale living near Western University and Masonville Place.

Schools nearbyclosest is Masonville Public School, 1.1 km

Elementary

  • Masonville Public School

    1.1 km · Grades JK-8

    Thames Valley District School Board

    8.5
  • St Catherine of Siena Elementary School

    1.1 km · Grades JK-8

    London District Catholic School Board

    7.4
  • Emily Carr Public School

    2.0 km · Grades JK-8

    Thames Valley District School Board

    6.7

Secondary

  • Sir Frederick Banting Secondary School

    2.4 km · Grades 9-12

    Thames Valley District School Board

    5.7
  • St. Andre Bessette Secondary School

    2.7 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. $4,219/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,091
Property tax$471
Insurance (est.)$137
Utilities (est.)$250
Condo fee$270
Total monthly$4,219
Land transfer tax$9,673 on closing

Ontario LTT

$9,673

First-time rebate

−$4,000

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

Price & listing history

$659,900

Listed Aug 5, 2026

On the market

Sold comparables nearby

33 - 2525 Meadowlands Way, London NorthSold

33 - 2525 Meadowlands Way, London North

3 bd·3 ba·2,000-2,249 sqft
26 - 725 Eagletrace Drive, London NorthSold

26 - 725 Eagletrace Drive, London North

2 bd·2 ba·1,600-1,799 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

6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$919,167

Sale-to-list ratio

96.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $163,000 household income

Minimum household income required

$163,000

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

Rental market$2,075/mo median for 2 bed nearby

$2,075/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 8 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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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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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.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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