- Bedrooms
- 4+1
- Bathrooms
- 4
- Size
- 2,000–2,500sq ft
- Per sq ft
- $407at the range’s middle
- Lot
- Under 0.50 acres
- Built
- New
- Parking
- 42 attached
- Days on market
- Members
The brief
About 1119 Waterwheel Rd
1119 Waterwheel Rd is a 4+1-bedroom, 4-bathroom detached house in North C, London North, listed for sale at an asking price of $915,000 (MLS® X14122766).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall44/100−$675/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. This record states no property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- MLS® number
- X14122766
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- New
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 37.79 x 122.62 ft
- Listed on
- Parking
- 2 Attached, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- North C
- Municipality
- London North
Building
- Size
- 2000-2500 sqft
- Building Age
- New
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd, 1 × 5pc 2nd, 1 × 3pc Lower
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Pvt Double, Inside Entry
- 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
- 37.79 ft
- Depth
- 122.62 ft
- Lot Size
- 37.79 x 122.62 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Shingles
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- RANGE HOOD, SMOKE DETECTORS, CARBON MONOXIDE DETECTOR, COLOUR KEY WINDOWS, WHITE BASEMENT WINDOWS, CONCRETE DRIVEWAY, SIDE DOOR
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 3.84 × 2.51 m | — | Main |
| Kitchen | 3.51 × 3.96 m | — | Main |
| Dining | 3.35 × 3.43 m | — | Main |
| Great Rm | 4.6 × 5.08 m | — | Main |
| Primary | 4.14 × 4.17 m | 5 Pc Ensuite | 2nd |
| 2nd Br | 3.23 × 3.53 m | — | 2nd |
| 3rd Br | 4.75 × 3.43 m | — | 2nd |
| 4th Br | 4.32 × 3.53 m | — | 2nd |
| Laundry | 1.52 × 1.73 m | — | 2nd |
| 5th Br | 3.4 × 4.6 m | — | Lower |
| Family | 4.0 × 5.4 m | — | Lower |
Listing history
Buy/sell history for 1119 Waterwheel 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 | $915,000 | N/A | For Sale | X14122766 |
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
- $183,000
- Total mortgage amount
- $732,000
- Total interest payment
- $520,500
- Total purchase cost
- $1,435,500
- Mortgage payment
- $4,175/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
33%Monthly carrying cost
$4,175- Rent $3,500
- Shortfall $675
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
- $14,775
- Total land transfer tax
- $14,775
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $10,775
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 $915,000
- $10,300
- Ontario total
- $14,775
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
- 4,634 sq ft431 m²
- Street frontage
- 37.79 ft11.5 m
- Depth
- 122.62 ft37.4 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
- 7 water-supply wells recorded within 250 m5 of them were drilled for domestic use; 3 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 25.8 m.250 m
- Groundwater recorded about 4.4 m below ground nearbyThe middle water level in the well records within 500 m (27 records). It changes with the season and from spot to spot.500 m
- Bedrock about 31.1 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 6.8 km6.8 km
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 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.60 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Quadro Communications, Rogers. 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 C right now
- For sale now
- 35
- Median asking price
- $700K
- New in 7 days
- 4
- Price cuts
- 26%
Middle half: $649K to $850K
18 in 28 days
9 listings
This home is asking 31% above the median, higher than three quarters of them.
See all homes in North CAsking 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 |
|---|---|---|---|
| Stoney Creek Public SchoolThames Valley DSB | Public · grades JK–8 | 800 m | 86%Grade 6 average |
| Centennial Central SchoolThames Valley DSB | Public · grades JK–8 | 1.8 km | 87%Grade 6 average |
| St Mark Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 2.1 km | 72%Grade 6 average |
| École élémentaire catholique Ste-Jeanne-d'ArcConseil scolaire catholique Providence | French-language Catholic · grades JK–8 | 4.8 km | 72%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Mother Teresa Catholic Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 · French Immersion | 250 m | 58%Grade 9 math |
| A B Lucas Secondary SchoolThames Valley DSB | Public · grades 9–12 | 2 km | 75%Grade 9 math |
| Medway High SchoolThames Valley DSB | Public · grades 9–12 | 3.2 km | 69%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 4.1 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
Similar Active Listings
Recently sold nearby
Sold prices in North C are shown to signed-in members.