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$984,550

Estimated value $935K to $1M

Est. $4,612/mo mortgage

4bd·4ba·2,500-3,000sqft

1095 Waterwheel Road · London, N5X 4K4

MLS® X14090718

Listed todayListed today

Listing courtesy of King Realty INC.·Listing last changed 2 hours ago

Key facts

Property type
Detached
Square footage
2,500-3,000 sqft
Lot size
37.84 × 122.6 ft
Parking
6 spaces

Description

Welcome to an exciting new pre-construction opportunity in North London, proudly launched by Timeless Homes, one of London's respected custom home builders. Located in the highly desirable Stoney Creek neighbourhood, right next to Mother Teresa Catholic Secondary School, this beautifully designed home offers approximately 2,850 sq. ft. of modern living space with premium finishes throughout. Approx. 2,850 Sq. Ft. Modern Elevation 5 Bedrooms 4 FULL Washrooms Open-Concept Kitchen & Living Area, 9 Ft Ceilings on Main Floor & 9 Ft Ceilings on Basement, Quartz countertop in the entire house. one bedroom and full washroom on the floor, Carpet-Free Interior with Oak Staircase and engineering hardwood and tiles in the wet area and foyer, Modern front elevation with stone, brick and stucco, 4x4 egress windows in the basement, 2 stage high efficiency furnace with WiFi thermostat, 8ft high wide 2 patio doors, Bluetooth in ceiling speakers, 200 AMP Electrical Service, Owned Water Heater, Premium Upgrades Throughout. An optional finished basement with separate side entrance is also available, making this an excellent option for growing families, multi-generational living, or buyers looking for additional usable space. A rare opportunity to own a brand-new, highly upgraded home in one of North London's most sought-after communities.

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Property details

Interior

Size
2,500-3,000 sqft
Rooms
12 rooms
Bathrooms
1 × 3-piece on Main, 1 × 4-piece on Second, 1 × 3-piece on Second, 1 × 5-piece on Second
Basement
Full, Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Lot size
37.84 × 122.6 ft
Exterior
Stucco (Plaster), Concrete Block
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2 car Attached
Parking
6 spaces

Estimated value range

$935K to $1M

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
Stoney Creek →

London North, ON

One of London's fastest-growing areas with parks, ponds, and creek-side trails.

Schools nearbyclosest is Mother Teresa Catholic Secondary School, 190 m

Elementary

  • Stoney Creek Public School

    860 m · Grades JK-8

    Thames Valley District School Board

    8.2
  • Northridge Public School

    2.0 km · Grades JK-8

    Thames Valley District School Board

    7.8
  • St Mark Separate School

    2.1 km · Grades JK-8

    London District Catholic School Board

    6.0

Secondary

  • Mother Teresa Catholic Secondary School

    190 m · Grades 9-12

    London District Catholic School Board

    5.5
  • A B Lucas Secondary School

    2.0 km · Grades 9-12

    Thames Valley District School Board

    6.8

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. $5,067/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$4,612
Property taxNot available
Insurance (est.)$205
Utilities (est.)$250
Total monthly$5,067
Land transfer tax$16,166 on closing

Ontario LTT

$16,166

First-time rebate

−$4,000

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

Price & listing history

$984,550

Listed today

On the market

Sold comparables nearby

903 Bradshaw Crescent, London NorthSold

903 Bradshaw Crescent, London North

3 bd·3 ba·1,500-2,000 sqft
1351 Pleasantview Drive, London NorthSold

1351 Pleasantview Drive, London North

3 bd·3 ba·1,500-2,000 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

6.2 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$626,667

Sale-to-list ratio

96%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $236,000 household income

Minimum household income required

$236,000

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

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

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(226) 212-5099 · colin@searchlondonhomes.com

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