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1539 Gloucester Road

London North, N6G 2S5·MLS® X13746494

Listing courtesy of Sotheby's International Realty Canada·Updated 8 hours ago

Listing price

$2,999,900

Est. $14,288/mo

Days on market

2

Listed Sep 4, 2026

For sale
1 / 9
3bd·4ba·3,000-3,500sqft·Newold

Description

A once-in-a-generation opportunity to create a fully custom grand estate residence on Gloucester Rd., one of London's most prestigious and tightly held addresses. Rarely does a redevelopment opportunity of this calibre become available, particularly one backing directly onto the protected woodlands of the Medway Valley, offering privacy, natural beauty, and a sense of retreat within the city. Envisioned as an elegant 3,100+ sq. ft. single-storey estate residence, the home will be crafted by award-winning Reis Design + Build, celebrated for architectural precision, refined craftsmanship, and distinguished custom homes. Buyers may personalize every element to suit their lifestyle, aesthetic, and long-term vision. The current concept presents a timeless stone and brick-clad estate home with classic proportions and commanding street presence. Large principal rooms, 10ft ceilings, oversized windows, and an open layout are envisioned for elegant entertaining and effortless everyday living. Flanking the residence is an attached four-car garage, thoughtfully integrated into the architecture while providing exceptional functionality for multiple vehicles, collector cars, storage, or an active lifestyle. At the rear, the home's privileged position overlooking the Medway Valley creates an exceptional opportunity for seamless indoor-outdoor living, with a covered terraces, expansive glazing, and tranquil views of the forest canopy-an irreplaceable natural backdrop offering perhaps one of the last new construction opportunity in this area. Located within historic Pill Hill, known for its estate-scale residences and legacy residents who helped shape London's academic, medical, and cultural foundations, the property offers proximity to Western University, University Hospital, and the city's most established amenities while remaining remarkably private. Renderings are conceptual.

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Property details

Type
Detached, 1 Storey/Apt
Age
New
Lot size
97 × 296 ft
Interior
3000-3500 sqft
Rooms
10 rooms
Bathrooms
1 × 2-piece on Main, 1 × 3-piece on Main, 1 × 3-piece on Main, 1 × 4-piece on Main
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer
Garage
4 car Attached
Driveway
Private Double (5 spaces)
Parking
9 spaces

Rooms

Main

Bathroom, 4 Pc Ensuite
3.96 × 5.18 m
Bedroom 3
4.04 × 3.75 m
Bedroom 2
4.37 × 3.1 m
Kitchen
4.7 × 5.79 m
Dining Room
5.18 × 3.8 m
Mud Room
1.83 × 3.65 m
Bedroom 4
3.75 × 4.47 m
Bathroom, 3 Pc Ensuite
3.1 × 1.72 m
Primary Bedroom
4.78 × 5.79 m
Family Room
4.7 × 5.79 m
Laundry
3.28 × 3.51 m
Powder Room, 2 Pc Bath
1.6 × 2.51 m
Study
4.75 × 3.51 m
Dining Room
3.26 × 5.79 m
Bathroom, 3 Pc Ensuite
4.47 × 1.93 m

Location & neighbourhood

Oakridge

London North, ON

Established neighbourhood with mature trees and great schools.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$14,288
Property tax$3,250
Insurance (est.)$625
Utilities (est.)$250
Total monthly$18,413
Land transfer taxOne-time, on closing

Ontario LTT

$61,473

First-time rebate

$4,000

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

Price & listing history

Listed 2 times · asking price down 14% from the first ask

$2,999,900 14%

Listed Sep 4, 2026

On the market
$3,485,000

Listed Jan 12, 2026 · 169 days on market

Listing expired

Jun 30, 2026

169 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

17 MONMORE Road, London NorthSold

$535,000

17 MONMORE Road, London North

4 bd·2 ba·1,500-2,000 sqft
1904 Downes Court, London NorthSold

$760,000

1904 Downes Court, London North

4 bd·4 ba·1,500-2,000 sqft

See what these 6 homes sold for

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Market conditionsOakridge · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$629,150

Sale-to-list ratio

99.5%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$690,474

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

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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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