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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X14092508For SaleDetached

716 Franklinway Cres

North R, London North, Ontario N6G 5C8

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716 Franklinway Cres, London North, photo 1
Asking$1,399,900
Bedrooms
4+1
Bathrooms
4
Size
3,000–3,500sq ft
Per sq ft
$431at the range’s middle
Lot
140.11 x 153.88 ft
Tax a year
$9,7062026 tax year
Built
31-50
Parking
82 attached
Days on market
Members

The brief

About 716 Franklinway Cres

716 Franklinway Cres is a 4+1-bedroom, 4-bathroom detached house in North R, London North, listed for sale at an asking price of $1,399,900 (MLS® X14092508).

Welcome to 716 Franklinway Crescent, an impressive 3,441-square-foot executive home commanding incredible curb appeal with its stately all-brick exterior, grand interlocking paver driveway, and mature trees. Step inside to an airy, grand foyer featuring high ceilings, large-format tile flooring, and a dramatic wooden staircase. Designed for both everyday living and grand entertaining, this residence offers 4+1 spacious bedrooms and 4 fully updated bathrooms, including a convenient secondary bath added to the second floor and 3 piece on the main. The spacious, sunlit kitchen combines rich wood cabinetry with bright countertops, a large seating peninsula, and updated tile flooring. Downstairs, the full walkout lower level extends your living area and opens seamlessly to the outdoors, it is perfectly set up for extended family or have a elder parent live on the main floor. Set on a massive .5 acre...140x153-foot lot-a rare, park-like sanctuary in the city-you will love relaxing or entertaining on the upper and lower decks. Located in a premier Northwest London enclave, this exceptional property provides effortless access to Western University, University Hospital, top schools, and premier shopping. Some photos have been virtually staged.

Insights

  • Condition Score

    Good

    1 documented update signal

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

  • Cashflow Quality

    Shortfall

    −$3,696/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 9 detached homes with 5 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
$9,706 / 2026
MLS® number
X14092508
Board
TRREB MLS®
Property Type
Detached
Building Age
31-50
Days on market
Size
3000-3500 sqft
Lot Size
140.11 x 153.88 ft
Listed on
Parking
2 Attached, 8 Parking
Listing brokerage: ROYAL LEPAGE TRILAND 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
3000-3500 sqft
Building Age
31-50
Construction
Brick

Inside

Bedrooms
4+1
Bathrooms
4
Bathroom Details
1 × 3pc Main, 1 × 4pc 2nd, 1 × 5pc 2nd, 1 × 3pc 2nd
Basement Type
Finished with Walk-Out
Kitchens
1

Parking

Driveway
Inside Entry, Private Triple
Garage Type
Attached
Garage
2
Additional Parking
6
Total Parking
8

Utilities

Water
Well
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
140.11 ft
Depth
153.88 ft
Lot Size
140.11 x 153.88 ft

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
FRIDGE, STOVE, DISHWASHER, WASHER, DRYER

Rooms

RoomSizeFeaturesLevel
Foyer4.26 × 4.15 m—Main
Living3.92 × 5.66 m—Main
Dining3.94 × 4.26 m—Main
Kitchen4.49 × 3.8 m—Main
Sitting4.54 × 3.24 m—Main
Family4.55 × 6.54 m—Main
Office3.32 × 3.34 m—Main
Laundry2.02 × 3.43 m—Main
Bathroom1.46 × 2.36 m3 Pc BathMain
Primary3.91 × 5.64 m—2nd
2nd Br3.67 × 3.44 m—2nd
3rd Br3.05 × 4.48 m—2nd
4th Br3.05 × 3.74 m—2nd
Bathroom2.4 × 3.43 m5 Pc Ensuite2nd
Bathroom1.7 × 2.3 m—2nd
Bathroom1.58 × 2.3 m4 Pc Ensuite2nd
Rec6.23 × 13.18 m—Lower
5th Br3.26 × 3.53 m—Lower

Listing history

Buy/sell history for 716 Franklinway Cres, 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$1,399,900N/AFor SaleX14092508

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $279,980

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
$279,980
Total mortgage amount
$1,119,920
Total interest payment
$796,180
Total purchase cost
$2,196,080
Mortgage payment
$6,387/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

66%

Monthly carrying cost

$7,196
−$3,696per month
  • Rent $3,500
  • Shortfall $3,696

Rental income opens at $3,500, the median asking rent of 9 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
$24,473
Total land transfer tax
$24,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$20,473
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 $1,399,900
$19,998
Ontario total
$24,473

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
21,560 sq ft2,003 m²
Street frontage
140.11 ft42.7 m
Depth
153.88 ft46.9 m
140.11 × 153.88 ftFRANKLINWAY CRES

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, measured by MPAC.

Land and environment

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

13 records · 7 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 m26 water-supply wells recorded within 250 mGroundwater recorded about 12.3 m below ground nearbyBedrock about 48 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasA trail on the Ontario trail network within 1 kmNo 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 a household 50 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • No mapped wetland within 120 m120 m
  • 26 water-supply wells recorded within 250 m24 of them were drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 34.4 m.250 m
  • Groundwater recorded about 12.3 m below ground nearbyThe middle water level in the well records within 500 m (72 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 48 m down nearbyThe middle depth to bedrock in the well records within 500 m.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

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

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 CanadaOnly 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 a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
  • 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 3% below 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
Sir Arthur Currie Public SchoolThames Valley DSBPublic · grades JK–81.2 km89%Grade 6 average
Emily Carr Public SchoolThames Valley DSBPublic · grades JK–81.5 km71%Grade 6 average
St Marguerite d'Youville SchoolLondon District Catholic School BoardCatholic · grades JK–82 km64%Grade 6 average
École élémentaire Marie-CurieConseil scolaire ViamondeFrench-language public · grades JK–65.5 km88%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St. Andre Bessette Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–121.7 km70%Grade 9 math
Sir Frederick Banting Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion2.3 km55%Grade 9 math
Medway High SchoolThames Valley DSBPublic · grades 9–123.7 km69%Grade 9 math
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–126.4 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