- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1,500–2,000sq ft
- Per sq ft
- $371at the range’s middle
- Lot
- 50 x 131 ft
- Tax a year
- $4,4422025 tax year
- Built
- 16-30
- Parking
- 51 attached
- Days on market
- Members
The brief
About 1048 Mahogany Rd
1048 Mahogany Rd is a 3-bedroom, 3-bathroom detached house in North P, London North, listed for sale at an asking price of $649,900 (MLS® X14147248).
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!
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall44/100−$535/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 24 detached homes with 3 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
- $4,442 / 2025
- MLS® number
- X14147248
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 16-30
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 50 x 131 ft
- Listed on
- Parking
- 1 Attached, 5 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- North P
- Municipality
- London North
Building
- Size
- 1500-2000 sqft
- Building Age
- 16-30
- Construction
- Brick Front
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Main, 1 × 5pc 2nd, 1 × 3pc Bsmt
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 4
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 50 ft
- Depth
- 131 ft
- Lot Size
- 50 x 131 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- washer, dryer, stove, range microwave, fridge, dishwasher, pot filler
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.0 × 3.6318 m | — | Main |
| Dining | 3.0 × 3.78 m | — | Main |
| Living | 3.5 × 6.7 m | — | Main |
| Bathroom | 1.2 × 1.8 m | — | Main |
| Primary | 3.2 × 4.6 m | — | 2nd |
| 2nd Br | 3.0 × 3.6 m | — | 2nd |
| 3rd Br | 3.0 × 2.9 m | — | 2nd |
| Bathroom | 1.8 × 4.0 m | — | 2nd |
| Rec | 4.8 × 6.6 m | — | Lower |
| Bathroom | 1.8 × 2.1 m | — | Lower |
| Laundry | 1.5 × 2.4 m | — | Bsmt |
Listing history
Buy/sell history for 1048 Mahogany Rd, London North, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $649,900 | N/A | For Sale | X14147248 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $129,980
- Total mortgage amount
- $519,920
- Total interest payment
- $369,580
- Total purchase cost
- $1,019,480
- Mortgage payment
- $2,965/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
34%Monthly carrying cost
$3,335- Rent $2,800
- Shortfall $535
Rental income opens at $2,800, 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
- $9,473
- Total land transfer tax
- $9,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $5,473
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 $649,900
- $4,998
- Ontario total
- $9,473
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
- 6,550 sq ft609 m²
- Street frontage
- 50 ft15.2 m
- Depth
- 131 ft39.9 m
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.
Water and conservation4
- No mapped wetland within 120 m120 m
- 4 water-supply wells recorded within 250 mAll were drilled for domestic use; 2 test or monitoring holes also recorded. 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 45.4 m.250 m
- Groundwater recorded about 24.4 m below ground nearbyThe middle water level in the well records within 500 m (29 records). It changes with the season and from spot to spot.500 m
- Bedrock about 58.1 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
- 2 licensed pits or quarries within 2 kmThe nearest is 1.5 km away, as mapped.2 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 Corporation of the City of London — Oxford Pollution Control Plant, 2.4 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 (20 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, 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 P right now
- For sale now
- 12
- Median asking price
- $687K
- New in 7 days
- 4
- Price cuts
- 42%
Middle half: $648K to $720K
7 in 28 days
5 listings
This home is asking 5% below the median.
See all homes in North PAsking 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
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| West Oaks French Immersion Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 450 m | 88%Grade 6 average |
| Riverside Public SchoolThames Valley DSB | Public · grades JK–8 | 1 km | 69%Grade 6 average |
| St Paul Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.2 km | 87%Grade 6 average |
| École élémentaire Marie-CurieConseil scolaire Viamonde | French-language public · grades JK–6 | 1.4 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1 km | 64%Grade 9 math |
| St Thomas Aquinas Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1.7 km | 64%Grade 9 math |
| Saunders Secondary SchoolThames Valley DSB | Public · grades 9–12 | 3 km | 46%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 8.5 km | 57%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
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Sold prices in North P are shown to signed-in members.