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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13587932For SaleDetached

2397 MEADOWLANDS Way

North R, London North, Ontario N6G 5L8

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2397 MEADOWLANDS Way, London North, photo 1
Asking$1,750,000
Bedrooms
4
Bathrooms
5
Size
3,500–5,000sq ft
Per sq ft
$412at the range’s middle
Lot
Under 0.50 acres
Tax a year
$12,7892025 tax year
Built
0-5
Parking
42 attached
Days on market
Members

The brief

About 2397 MEADOWLANDS Way

2397 MEADOWLANDS Way is a 4-bedroom, 5-bathroom detached house in North R, London North, listed for sale at an asking price of $1,750,000 (MLS® X13587932).

This 4 bedroom, former dream home offers over 4600 sqft. Located in Sunningdale, close to great schools, shopping and amenities. This home was professionally designed and decorated in a timeless French farmhouse style. A stone exterior with black grid windows and shutters adds to the charming curb appeal. The large yard is fenced and landscaped, and it has a stone patio with a gazebo for shade. The main floor layout has soaring open ceilings and separate functional spaces. The Grand living room has 2 storeys of large windows, an oversized gas fireplace feature wall and two large chandeliers. The kitchen offers a separate pantry with additional stove and sink, A storage pantry with glass doors and hand laid tiles. The ample cabinetry is custom made and the Dacor appliances are top of the line. The eat-in kitchen has a generous dinette space with a huge picture window and beamed ceiling. The main floor also has a laundry room and mudroom as well as a separate dining room. The primary bedroom is conveniently located on the main level with access to the yard. A large walk-in closet with built-in shelving offers plenty of storage. The ensuite has a beautiful wood double vanity, a freestanding tub and glass shower. Upstairs offers 3 beautifully decorated bedrooms. Two bedrooms are joined by a large Jack & Jill bathroom. The upper floor also features a spacious family room that is great for yoga or a kids area. The basement is finished with a full bath and a Livingroom that offers a cozy reading nook. There is still another 1600 sq ft of unfinished space in the basement for a family that requires additional bedrooms or living area. This custom home offers a truly rare design and quality, A must see to appreciate the detail and finishes.

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$6,150/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 24 detached homes with 4 bedrooms for lease in London North right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$12,789 / 2025
MLS® number
X13587932
Board
TRREB MLS®
Property Type
Detached
Building Age
0-5
Days on market
Size
3500-5000 sqft
Lot Size
59 x 122 ft
Listed on
Parking
2 Attached, 4 Parking
Listing brokerage: SUTTON GROUP - SELECT REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
North R
Municipality
London North

Building

Size
3500-5000 sqft
Building Age
0-5
Construction
Stone

Inside

Bedrooms
4
Bathrooms
5
Bathroom Details
1 × 5pc Ground, 1 × 2pc Ground, 1 × 4pc 2nd, 1 × 3pc 2nd, 1 × 3pc Lower
Basement Type
Partly Finished
Kitchens
1

Parking

Driveway
Pvt Double
Garage Type
Attached
Garage
2
Additional Parking
2
Total Parking
4

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
59 ft
Depth
122 ft
Lot Size
59 x 122 ft

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
Fridge, stove in kitchen, stove in pantry, dishwasher, water heater owned, window coverings, gazebo.

Rooms

RoomSizeFeaturesLevel
Foyer1.96 × 2.76 m—Main
Primary3.59 × 5.33 mW/I Closet, Ensuite BathMain
Family4.17 × 6.95 m—Lower
2nd Br3.59 × 4.58 mEnsuite Bath2nd
Kitchen4.56 × 5.66 m—Main
Dining3.34 × 4.57 m—Main
4th Br3.94 × 5.4 mEnsuite Bath, W/I Closet2nd
Breakfast3.75 × 4.56 m—Main
Laundry1.8 × 2.69 m—Main
Rec4.72 × 6.1 m—2nd
Pantry1.79 × 2.71 m—Main
Mudroom1.71 × 2.7 m—Main
3rd Br3.5 × 3.72 mEnsuite Bath, W/I Closet2nd
Living5.71 × 7.24 mFireplaceMain

Listing history

Buy/sell history for 2397 MEADOWLANDS Way, London North, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,750,000N/AFor SaleX13587932

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $350,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$350,000
Total mortgage amount
$1,400,000
Total interest payment
$995,200
Total purchase cost
$2,745,200
Mortgage payment
$7,984/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

82%

Monthly carrying cost

$9,050
−$6,150per month
  • Rent $2,900
  • Shortfall $6,150

Rental income opens at $2,900, the median asking rent of 24 comparable homes for lease in London North. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$31,475
Total land transfer tax
$31,475
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$27,475
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,750,000
$27,000
Ontario total
$31,475

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
7,198 sq ft669 m²
Street frontage
59 ft18 m
Depth
122 ft37.2 m
59 × 122 ftMEADOWLANDS WAY

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

11 records · 4 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 12.1 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by London Hydro Inc.Wired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m
  • Groundwater recorded about 12.1 m below ground nearbyThe middle water level in the well records within 500 m (9 records). It changes with the season and from spot to spot.500 m

Province of Ontario open data

Planning and building activity1

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The University of Western Ontario — Main Campus, 2.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by London Hydro Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, TekSavvy, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Detached homes for sale in North R right now

For sale now
41
Median asking price
$1.45M

Middle half: $1.2M to $1.9M

New in 7 days
3

20 in 28 days

Price cuts
12%

5 listings

This home is asking 21% above the median.

See all homes in North R

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Catherine of Siena Elementary SchoolLondon District Catholic School BoardCatholic · grades JK–8500 m79%Grade 6 average
Masonville Public SchoolThames Valley DSBPublic · grades JK–81.3 km93%Grade 6 average
Jack Chambers Public SchoolThames Valley DSBPublic · grades JK–82.1 km97%Grade 6 average
École élémentaire Marie-CurieConseil scolaire ViamondeFrench-language public · grades JK–67.1 km88%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Medway High SchoolThames Valley DSBPublic · grades 9–122 km69%Grade 9 math
St. Andre Bessette Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–123.4 km70%Grade 9 math
Sir Frederick Banting Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion3.6 km55%Grade 9 math
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–125.5 km57%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in North R are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record