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For sale
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$519,900

Est. $2,436/mo mortgage

3bd·3ba·1,200-1,399sqft

505 Proudfoot Lane #1 · London North, N6H 5N9

MLS® X13807068

2 days on market2 days on market

Listed Sep 20, 2026

Listing courtesy of Sutton - Jie Dan Realty Brokerage·Updated 12 hours ago

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

Interior
1200-1399 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
Laundry
Y

Building & lot

Type
Condo Townhouse, 2-Storey
Exterior
Brick, Vinyl Siding
Foundation
Brick
Storeys
1
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

AI property estimate

$476,450Estimate is ~8.4% below asking

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

$428,805$524,095

80% confidence · 31 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Westmount

London North, ON

Central location with easy access to downtown and Western University.

Monthly paymentest. $3,619/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,436
Property tax$313
Insurance (est.)$108
Utilities (est.)$250
Condo fee$512
Total monthly$3,619
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 over 1 month · asking price down 8% from the first ask · sold 8% below the final 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

17 - 515 Proudfoot Lane, London NorthSold

17 - 515 Proudfoot Lane, London North

2 bd·2 ba·1,200-1,399 sqft
16 - 20 Kernohan Parkway, London SouthSold

16 - 20 Kernohan Parkway, London South

3 bd·2 ba·1,200-1,399 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London North

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$468,325

Sale-to-list ratio

97.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $128,000 household income

Minimum household income required

$128,000

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

Not sure about financing? Ask Colin
Rental market$2,548/mo median for 3 bed nearby

$2,548/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 56 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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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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