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$899,000

Estimated value $854K to $944K

Est. $4,212/mo mortgage

4bd·4ba·2,000-2,500sqft

1103 Waterwheel Road · London, N5X 4K4

MLS® X14095850

9 days on market9 days on market

Listed Oct 17, 2026

Listing courtesy of King Realty INC.·Listing last changed 6 days ago

Key facts

Property type
Detached
Square footage
2,000-2,500 sqft
Lot size
37.82 × 122.61 ft
Parking
6 spaces

Description

TO BE BUILT- 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 2,450 sq. ft. of modern living space with premium finishes throughout. Approx. 2,450 Sq. Ft. Modern Elevation 4 Bedrooms 4 Washrooms Open-Concept Kitchen & Living Area, 9 Ft Ceilings on Main Floor & Basement, Quartz countertop in the entire house, . 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
2,000-2,500 sqft
Rooms
11 rooms
Bathrooms
1 × 2-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
37.82 × 122.61 ft
Exterior
Stucco (Plaster), Concrete Block
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2 car Attached
Parking
6 spaces

Rooms

Main

Great Room
7.9 × 3.9 m
Dining Room
3.9 × 3.6 m
Mud Room
2.7 × 2.1 m
Foyer
2.1 × 3 m
Kitchen
3.9 × 3.6 m

Second

Office
2.1 × 2.1 m
Bedroom 4
3.3 × 3.9 m
Bedroom 2
3.3 × 3.3 m
Bedroom 3
3 × 3.3 m
Primary Bedroom
5.2 × 3.6 m
Family Room
4.5 × 3.9 m

Basement

Bedroom 5
3.9 × 3 m
Office
3.6 × 3.6 m
Recreation
7.6 × 3.6 m

Estimated value range

$854K to $944K

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, 210 m

Elementary

  • Stoney Creek Public School

    830 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

    210 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. $4,649/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$4,212
Property taxNot available
Insurance (est.)$187
Utilities (est.)$250
Total monthly$4,649
Land transfer tax$14,455 on closing

Ontario LTT

$14,455

First-time rebate

−$4,000

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

Price & listing history

$899,000

Listed Oct 17, 2026

On the market

Sold comparables nearby

1478 Glengarry Avenue, London NorthSold

1478 Glengarry Avenue, London North

4 bd·2 ba·700-1,100 sqft
903 Bradshaw Crescent, London NorthSold

903 Bradshaw Crescent, 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

7 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$590,083

Sale-to-list ratio

97.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $216,000 household income

Minimum household income required

$216,000

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.

Not sure about financing? Ask Colin →
Rental market$3,350/mo median for 4 bed nearby

$3,350/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 34 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

No obligation. Pick a time that suits you.

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

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