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For sale
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$519,900

Estimated value $494K to $542K

Est. $2,436/mo mortgage

3bd·3ba·1,200-1,399sqft

505 Proudfoot Lane #1 · London, N6H 5N9

MLS® X13807068

46 days on market46 days on market

Listed Sep 20, 2026

Listing courtesy of Sutton - Jie Dan Realty Brokerage·Listing last changed Oct 15

Key facts

Property type
Condo townhouse
Square footage
1,200-1,399 sqft
Storeys
2
Parking
2 spaces
Property tax
$3,537/yr (2025)

Description

Looking for just the right home to get into the market, This outstanding end-unit townhouse offers a great floorplan and a location that's close to everything, including Western and University Hospital, downtown, Costco, and all the services in the Wonderland Road corridor. The main level provides great sightlines, hardwood flooring throughout, and lots of light (an end-unit bonus). Conversations and people will flow easily from the nice-sized living room anchored by a gas fireplace with traditional mantel under a leaded glass window to a kitchen that offers lots of workspace and storage and a generous dining area. There's also walkout access to a rear deck, providing a treed, private corner of the complex for you to enjoy. Upstairs offers three bedrooms, including a primary with updated 3 pc ensuite and a walk-in closet. The bonus loft makes a great family room, with the option to wall-in for another bedroom for even more flexibility. There's a full 4 pc main bath here as well to complement the powder room on the main. The double-length driveway is rare in the complex and can fit two vehicles outside the single garage. This is a great community with a lively cross-section of residents, from families, professionals, students, to retirees with close proximity to parks, trails, shopping, restaurants, and day-to-day essentials. Whether for yourself or your future tenants, this is a great opportunity in an ideal location!

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Property details

Interior

Size
1,200-1,399 sqft
Rooms
10 rooms
Bathrooms
1 × 2-piece on Main, 1 × 3-piece on Second, 1 × 4-piece on Second
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air
Ensuite laundry
Yes

Building & lot

Type
Condo townhouse, 2-Storey
Exterior
Brick, Vinyl Siding
Foundation
Brick
Storeys
2
Exposure
North

Parking

Garage
1 car Built-In
Parking
2 spaces
Locker
None

Fees & taxes

Condo fee
$512/mo
Pets
Yes, with restrictions
Property tax
$3,537/yr (2025)
Corporation
MCC 444
Managed by
LIONHEART PROPERTY MANAGEMENT

Rooms

Main

Living Room
2.97 × 5.97 m
Dining Room
2.54 × 2.74 m
Kitchen
2.54 × 3.2 m
Bathroom
0.89 × 2.03 m

Second

Primary Bedroom
3.05 × 4.09 m
Bedroom
2.74 × 3.17 m
Bathroom
1.47 × 2.41 m
Bathroom
1.47 × 2.34 m
Bedroom
2.59 × 2.84 m
Family Room
3.1 × 4.62 m

Estimated value range

$494K to $542K

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
Blackfriars →

London North, ON

Small historic neighbourhood along the Thames River west of downtown with heritage homes.

Schools nearbyclosest is Eagle Heights Public School, 590 m

Elementary

  • Eagle Heights Public School

    590 m · Grades JK-8

    Thames Valley District School Board

    6.0
  • Jeanne-Sauvé Public School

    1.5 km · Grades JK-8

    Thames Valley District School Board

    7.1
  • University Heights Public School

    1.6 km · Grades JK-8

    Thames Valley District School Board

    7.8

Secondary

  • Westminster Secondary School

    2.8 km · Grades 9-12

    Thames Valley District School Board

    2.7
  • Sir Frederick Banting Secondary School

    2.9 km · Grades 9-12

    Thames Valley District School Board

    5.7
  • Oakridge Secondary School

    2.9 km · Grades 9-12

    Thames Valley District School Board

    7.1

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. $3,600/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,436
Property tax$295
Insurance (est.)$108
Utilities (est.)$250
Condo fee$512
Total monthly$3,600
Land transfer tax$6,873 on closing

Ontario LTT

$6,873

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 8% from the first ask

$519,900↓ 8%

Listed Sep 20, 2026

On the market
$564,900

Listed Oct 25, 2022 · 20 days on market

Sold

Nov 14, 2022

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

20 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

36 - 50 Chapman Court, London NorthSold

36 - 50 Chapman Court, London North

3 bd·2 ba·1,200-1,399 sqft
17 - 515 Proudfoot Lane, London NorthSold

17 - 515 Proudfoot Lane, London North

2 bd·2 ba·1,200-1,399 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 97.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$461,658

Sale-to-list ratio

97.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $127,000 household income

Minimum household income required

$127,000

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$2,500/mo median for 3 bed nearby

$2,500/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 63 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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