1119 Waterwheel Road · London, N5X 4P5
MLS® X14122766
Listing courtesy of Royal Lepage Triland Realty·Listing last changed 2 hours ago
Key facts
- Property type
- Detached
- Square footage
- 2,000-2,500 sqft
- Lot size
- 37.79 × 122.62 ft · < 0.50 acres
- Age
- New
- Parking
- 4 spaces
Description
To Be Built. The best time to take advantage of all incentives available to new-home buyers is right now, and this limited detached offering from Royal Premier Homes brings that opportunity to one of North London's most desirable pockets. Set within the sought-after Forest Hill community and an excellent school zone, this residence combines quality construction with flexible, contemporary design. The 4-bedroom, 3.5-bath layout can be tailored with premium finishes-an expansive kitchen with pantry, quartz surfaces throughout, soft-close cabinetry, an electric fireplace, and striking colour-key windows that flood the home with natural light. Thoughtful details such as rounded corners, double-door entry, an insulated garage door, and a concrete driveway elevate both comfort and durability. A separate side entry provides direct access to the lower level, where multiple configuration options allow you to create a private suite, additional living space, or a future income opportunity. With flexible deposit structures and the ability to move in before winter, buyers can shape a home that truly fits their lifestyle. Renderings are conceptual and may show upgraded features. All of this is positioned moments from every lifestyle amenity-schools, shopping, dining, parks, transit, entertainment, and more-making it an exceptional time and place to invest in new construction. Call today to customize your plan and secure this rare North London opportunity.
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Property details
Interior
- Size
- 2,000-2,500 sqft
- Rooms
- 9 rooms
- Bathrooms
- 1 × 2-piece on Main, 1 × 4-piece on Second, 1 × 5-piece on Second, 1 × 3-piece on Second
- Basement
- Full, Separate Entrance
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, 2-Storey
- Age
- New
- Lot size
- 37.79 × 122.62 ft · < 0.50 acres
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Shingles
- Water & sewer
- Sewer
Parking
- Garage
- 2 car Attached
- Driveway
- Private Double, Inside Entry (2 spaces)
- Parking
- 4 spaces
Rooms
Main
- Kitchen
- 3.96 × 3.51 m
- Dining Room
- 3.43 × 3.35 m
- Great Room
- 5.08 × 4.6 m
- Foyer
- 2.51 × 3.84 m
Second
- Primary Bedroom, 5 Pc Ensuite
- 4.17 × 4.14 m
- Bedroom 2
- 3.53 × 3.23 m
- Bedroom 3
- 3.43 × 4.75 m
- Bedroom 4
- 3.53 × 4.32 m
- Laundry
- 1.73 × 1.52 m
Lower
- Bedroom
- 4.6 × 3.4 m
- Family Room
- 5.4 × 4 m
Estimated value range
$869K to $961K
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
DirectionsLondon North, ON
One of London's fastest-growing areas with parks, ponds, and creek-side trails.
Schools nearbyclosest is Mother Teresa Catholic Secondary School, 250 m
Elementary
- 8.2
Stoney Creek Public School
810 m · Grades JK-8
Thames Valley District School Board
- 7.8
Northridge Public School
2.0 km · Grades JK-8
Thames Valley District School Board
- 6.0
St Mark Separate School
2.1 km · Grades JK-8
London District Catholic School Board
Secondary
- 5.5
Mother Teresa Catholic Secondary School
250 m · Grades 9-12
London District Catholic School Board
- 6.8
A B Lucas Secondary School
2.0 km · Grades 9-12
Thames Valley District School Board
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. $4,728/mo all in
Monthly payment estimate
Land transfer tax$14,775 on closing
Ontario LTT
$14,775
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 yesterday
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold1478 Glengarry Avenue, London North
Sold903 Bradshaw Crescent, London North
See what these 6 homes sold for
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Market conditionsBuyer’s market in London
6.6 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.
Avg. sold price
$590,083
Sale-to-list ratio
97.4%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $220,000 household income
Minimum household income required
$220,000
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.
Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc.
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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Colin Abbot, Broker, Westwood Realty Team
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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