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850 Teakwood Lane

London North, N6H 0E5·MLS® X13670286

Listing courtesy of Ici Source Real Asset Services INC.·Updated 3 hours ago

Listing price

$849,999

Est. $4,048/mo

Days on market

1

Listed Aug 13, 2026

For sale
1 / 32
4bd·3ba·2,500-3,000sqft

Description

Sought after North West area, close to University of Western Ontario and all highly ranked public and private schools. Close to Aquatic centre and other sporting hubs. Short drive to Masonville and Downtown. Walking distance to shopping, dining, banking and Costco. Teakwood Lane is a quiet street, not a busy thoroughfare with traffic speeding by. Immaculate 16 year old home has all essential inclusions with tons of space for a growing family or a multi generational situation. Plenty of options for space usage, dedicated office or art studio and formal dining is currently used as a second work space. Kitchen boasts lovely upgraded wood cabinetry (floor to ceiling) Enjoy the serene window out to treed back yard and natural stone two level patio. New fridge and dishwasher. Family room, dining and kitchen are open concept for great entertaining. Upstairs there are 4 bedrooms. Large principle with cozy reading or TV nook in addition to large walk in shower in ensuite. Second room is large enough for 2 full beds and has 2 double doored closets. Third room has a large walk in closet. Fourth room overlooks backyard. Laundry room with brand new washer and dryer is on upper level. The basement is untouched, waiting for the new owners plans; recreation, gym, or perhaps rental income. The large premium lot is 70 feet wide by 127 feet deep. Driveway easily holds 4 cars plus 2 car garage with auto door openers. Perfect for a family that loves the area but needs a larger home. *For Additional Property Details Click The Brochure Icon Below*

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Property details

Garage
2 car Attached
Basement
Unfinished
Parking
6 spaces
Type
Detached — 2-Storey
Heating
Forced Air
Property tax
$6,689/yr (2025)

AI property estimate

$897,520~5.6% above asking

Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.

$780,842$1,014,198

73% confidence · 24 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Talbot Village

London North, ON

Southwest neighbourhood with a mix of housing styles anchored by Colonel Talbot Road.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$4,048
Property tax$921
Insurance (est.)$177
Utilities (est.)$250
Total monthly$5,396
Land transfer taxOne-time, on closing

Ontario LTT

$13,475

First-time rebate

$4,000

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

Price & listing history

Listed 2 times · asking price down 5% from the first ask

$849,999 5%

Listed Aug 13, 2026

On the market
$899,000

Listed Jun 12, 2026

On the market

Sold comparables nearby

54 Lloyd Manor Crescent, London NorthSold

$767,000

54 Lloyd Manor Crescent, London North

3 bd·3 ba·1,500-2,000 sqft
1028 Kingston Avenue, London NorthSold

$810,000

1028 Kingston Avenue, London North

4 bd·2 ba·1,500-2,000 sqft

See what these 6 homes sold for

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Market conditionsLondon North · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$733,466

Sale-to-list ratio

98%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$202,356

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

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AI estimate

$897,520

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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