- Bedrooms
- 3+1
- Bathrooms
- 4
- Size
- 3,000–3,500sq ft
- Per sq ft
- $923at the range’s middle
- Lot
- 97 x 296 ft
- Built
- New
- Parking
- 94 attached
- Days on market
- Members
The brief
About 1539 Gloucester Rd
1539 Gloucester Rd is a 3+1-bedroom, 4-bathroom detached house in North A, London North, listed for sale at an asking price of $2,999,900 (MLS® X13746494).
A once-in-a-generation opportunity to create a fully custom grand estate residence on Gloucester Rd., one of London's most prestigious and tightly held addresses. Rarely does a redevelopment opportunity of this calibre become available, particularly one backing directly onto the protected woodlands of the Medway Valley, offering privacy, natural beauty, and a sense of retreat within the city. Envisioned as an elegant 3,100+ sq. ft. single-storey estate residence, the home will be crafted by award-winning Reis Design + Build, celebrated for architectural precision, refined craftsmanship, and distinguished custom homes. Buyers may personalize every element to suit their lifestyle, aesthetic, and long-term vision. The current concept presents a timeless stone and brick-clad estate home with classic proportions and commanding street presence. Large principal rooms, 10ft ceilings, oversized windows, and an open layout are envisioned for elegant entertaining and effortless everyday living. Flanking the residence is an attached four-car garage, thoughtfully integrated into the architecture while providing exceptional functionality for multiple vehicles, collector cars, storage, or an active lifestyle. At the rear, the home's privileged position overlooking the Medway Valley creates an exceptional opportunity for seamless indoor-outdoor living, with a covered terraces, expansive glazing, and tranquil views of the forest canopy-an irreplaceable natural backdrop offering perhaps one of the last new construction opportunity in this area. Located within historic Pill Hill, known for its estate-scale residences and legacy residents who helped shape London's academic, medical, and cultural foundations, the property offers proximity to Western University, University Hospital, and the city's most established amenities while remaining remarkably private. Renderings are conceptual.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$10,787/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. This record states no property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- MLS® number
- X13746494
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- New
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 97 x 296 ft
- Listed on
- Parking
- 4 Attached, 9 Parking
Property details
Property
- Property Type
- Detached
- Style
- 1 Storey/Apt
- Community
- North A
- Municipality
- London North
Building
- Size
- 3000-3500 sqft
- Building Age
- New
- Construction
- Brick
Inside
- Bedrooms
- 3+1
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Main, 1 × 3pc Main, 1 × 3pc Main, 1 × 4pc Main
- Basement Type
- Unfinished
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Attached
- Garage
- 4
- Additional Parking
- 5
- Total Parking
- 9
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 97 ft
- Depth
- 296 ft
- Lot Size
- 97 x 296 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Dining | 3.8 × 5.18 m | — | Main |
| Study | 3.51 × 4.75 m | — | Main |
| Family | 5.79 × 4.7 m | — | Main |
| Dining | 5.79 × 3.26 m | — | Main |
| Kitchen | 5.79 × 4.7 m | — | Main |
| Mudroom | 3.65 × 1.83 m | — | Main |
| Primary | 5.79 × 4.78 m | — | Main |
| 2nd Br | 3.1 × 4.37 m | — | Main |
| 3rd Br | 3.75 × 4.04 m | — | Main |
| Laundry | 3.51 × 3.28 m | — | Main |
| Bathroom | 5.18 × 3.96 m | 4 Pc Ensuite | Main |
| Bathroom | 1.93 × 4.47 m | 3 Pc Ensuite | Main |
| Bathroom | 1.72 × 3.1 m | 3 Pc Ensuite | Main |
| Powder Rm | 2.51 × 1.6 m | 2 Pc Bath | Main |
Listing history
Buy/sell history for 1539 Gloucester 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 | $2,999,900 | N/A | For Sale | X13746494 |
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
- $599,980
- Total mortgage amount
- $2,399,920
- Total interest payment
- $1,706,180
- Total purchase cost
- $4,706,080
- Mortgage payment
- $13,687/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
83%Monthly carrying cost
$13,687- Rent $2,900
- Shortfall $10,787
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
- $61,473
- Total land transfer tax
- $61,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $57,473
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 $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,999,900
- $24,998
- Ontario total
- $61,473
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
- 28,712 sq ft2,667 m²
- Street frontage
- 97 ft29.6 m
- Depth
- 296 ft90.2 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 conservation3
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mFrom 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 42.7 m.250 m
- Groundwater recorded about 14 m below ground nearbyThe middle water level in the well records within 500 m (6 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
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 CanadaThe nearest is The University of Western Ontario — Main Campus, 1.6 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 a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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 A right now
- For sale now
- 12
- Median asking price
- $980K
- New in 7 days
- 0
- Price cuts
- 25%
Middle half: $867K to $1.29M
4 in 28 days
3 listings
This home is asking 206% above the median, higher than three quarters of them.
See all homes in North AAsking 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 |
|---|---|---|---|
| Orchard Park Public SchoolThames Valley DSB | Public · grades JK–8 | 1.2 km | 84%Grade 6 average |
| St Thomas More Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.5 km | 69%Grade 6 average |
| Emily Carr Public SchoolThames Valley DSB | Public · grades JK–8 | 1.6 km | 71%Grade 6 average |
| École élémentaire Marie-CurieConseil scolaire Viamonde | French-language public · grades JK–6 | 5 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Sir Frederick Banting Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1.4 km | 55%Grade 9 math |
| St. Andre Bessette Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 2.9 km | 70%Grade 9 math |
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 4.3 km | 64%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 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 A are shown to signed-in members.