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$674,999

Estimated value $641K to $709K

Est. $3,162/mo mortgage

3bd·3ba·1,500-2,000sqft

1048 Mahogany Road · London, N6H 2W5

MLS® X14102976

5 days on market5 days on market

Listed Oct 21, 2026

Listing courtesy of Blue Forest Realty INC.·Listing last changed 5 days ago

Key facts

Property type
Detached
Square footage
1,500-2,000 sqft
Lot size
50 × 131 ft
Age
16-30 years
Parking
5 spaces
Property tax
$4,442/yr (2025)

Description

Turn-key elegance in the heart of Oakridge! This beautifully modernized two-story home offers the perfect blend of style, comfort, and premium location. Enjoy a fully updated interior featuring natural-tone Belmont oak flooring across all levels, sleek quartz countertops, a modern tile backsplash, and stainless steel appliances. The open main floor shines with updated trim, contemporary doors, custom hardware, and recessed pot lighting. Upstairs features three bright bedrooms, including a primary suite with a spacious walk-in closet. The fully finished lower level adds excellent functional space, boasting a large, spacious recreation room with good-sized windows that let in plenty of natural light, alongside a full three-piece bath, laundry, and ample storage. Step outside to a good-sized, private backyard-perfect for relaxing or entertaining. Key capital updates include a new sundeck (2026), newer roof(2022), updated windows(2022), a concrete sidewalk, and a garage equipped with a smart opener and newer door. Superb walkability to top-rated schools, grocery stores, shopping, and the scenic Sifton Bog trails. Just move in and enjoy!

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Property details

Interior

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

Building & lot

Type
Detached, 2-Storey
Age
16-30 years
Lot size
50 × 131 ft
Exterior
Brick Front, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Attached
Driveway
Private Double (4 spaces)
Parking
5 spaces

Fees & taxes

Property tax
$4,442/yr (2025)

Rooms

Main

Dining Room
3.78 × 3 m
Bathroom
1.8 × 1.2 m
Living Room
6.7 × 3.5 m
Kitchen
3.6318 × 3 m

Second

Primary Bedroom
4.6 × 3.2 m
Bedroom 2
3.6 × 3 m
Bathroom
4 × 1.8 m

Lower

Bathroom
2.1 × 1.8 m
Recreation
6.6 × 4.8 m

Basement

Laundry
2.4 × 1.5 m

Estimated value range

$641K to $709K

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
Oakridge →

London North, ON

Established neighbourhood with mature trees and great schools.

Schools nearbyclosest is West Oaks French Immersion Public School, 450 m

Elementary

  • West Oaks French Immersion Public School

    450 m · Grades JK-8

    Thames Valley District School Board

    8.9
  • Riverside Public School

    980 m · Grades JK-8

    Thames Valley District School Board

    7.7
  • St Paul Separate School

    1.2 km · Grades JK-8

    London District Catholic School Board

    8.2

Secondary

  • Oakridge Secondary School

    960 m · Grades 9-12

    Thames Valley District School Board

    7.1
  • St Thomas Aquinas Secondary School

    1.7 km · Grades 9-12

    London District Catholic School Board

    6.0

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. $3,923/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,162
Property tax$370
Insurance (est.)$141
Utilities (est.)$250
Total monthly$3,923
Land transfer tax$9,975 on closing

Ontario LTT

$9,975

First-time rebate

−$4,000

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

Price & listing history

$674,999

Listed Oct 21, 2026

On the market

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

Sold comparables nearby

91 Biscay Road, London NorthSold

91 Biscay Road, London North

3 bd·2 ba·700-1,100 sqft
379 Willard Crescent, London SouthSold

379 Willard Crescent, London South

3 bd·2 ba·700-1,100 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 96.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$628,833

Sale-to-list ratio

96.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $162,000 household income

Minimum household income required

$162,000

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? Ask Colin →
Rental market$2,700/mo median for 3 bed nearby

$2,700/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

No obligation. Pick a time that suits you.

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

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