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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13654118For SaleCondominium

603-480 Callaway Rd

North R, London North, Ontario N6G 0Z3

1 / 49
603-480 Callaway Rd, London North, photo 1
Asking$498,000
Bedrooms
1+1
Bathrooms
1
Size
1,000–1,199sq ft
Per sq ft
$453at the range’s middle
Tax a year
$3,5042025 tax year
Built
0-5
Parking
11 underground
Days on market
Members

The brief

About 603-480 Callaway Rd

603-480 Callaway Rd is a 1+1-bedroom, 1-bathroom condo in North R, London North, listed for sale at an asking price of $498,000 (MLS® X13654118).

Welcome to NorthLink II at 480 Callaway Road, where luxury, convenience, and lifestyle come together in one of North London's most desirable communities beside Sunningdale Golf & Country Club. This immaculate 1-bedroom + den condo offers an exceptional opportunity for a Western University student seeking a comfortable, upscale home away from campus-with the added benefit of owning rather than renting. Bright and spacious, this thoughtfully designed suite features hardwood flooring throughout, elegant white cabinetry, an open-concept living area, and breath taking unobstructed views. The versatile den provides the perfect space for studying, a home office, or accommodating a guestor roommate. The spacious primary bedroom includes a walk-in closet and beautiful views, whilethe generous walk-in shower adds comfort and accessibility. For a student, the convenience is hard to beat. Western University, University Hospital, CF Masonville Place, restaurants, cafés, and everyday amenities are all just minutes away. Enjoythe freedom of condo living without the maintenance of a house, while having access to an impressive array of amenities including a fitness centre, golf simulator, resident lounge with billiards, guest suite, pickleball courts, and outdoor gathering spaces. The Medway Valley Heritage North walking trails are right nearby for a break from studying. The condo also includes a large underground parking space conveniently located beside the building entrance and a storage locker. With its desirable location, low-maintenance lifestyle, and proximity to Western University, this is more than a place to live-it's anopportunity to invest in a quality home while your student attends Western.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

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

  • Cashflow Quality

    Near break-even

    −$173/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 9 condos with 2 bedrooms for lease in North R right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,504 / 2025
MLS® number
X13654118
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
0-5
Days on market
Size
1000-1199 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: ROYAL LEPAGE TERREQUITY 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
Condo Apt
Style
Apartment
Community
North R
Municipality
London North

Building

Size
1000-1199 sqft
Building Age
0-5
Construction
Brick

Inside

Bedrooms
1+1
Bathrooms
1
Bathroom Details
1 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
Yes
Den
No
Family room
No
Extras
Stainless Steel (SS) Refrigerator, SS Stove, Built-In Microwave, Built-In SS Dishwasher, All Existing Window Coverings, Wall Mounted Television in Living Room.
Condo maint.
$409

Rooms

RoomSizeFeaturesLevel
Primary3.43 × 3.5 mhardwood floor, W/I Closet, Large WindowMain
Den2.97 × 2.82 mhardwood floor, Glass Doors, Pot LightsMain
Kitchen3.28 × 3.2 mBreakfast Bar, Quartz Counter, PantryMain
Living3.5 × 6.4 mhardwood floor, Electric Fireplace, W/O To BalconyMain
Dining3.5 × 6.4 mhardwood floor, Pot LightsMain

Listing history

Buy/sell history for 603-480 Callaway Rd, 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$498,000N/AFor SaleX13654118

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $99,600

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
$99,600
Total mortgage amount
$398,400
Total interest payment
$283,200
Total purchase cost
$781,200
Mortgage payment
$2,272/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

26%

Monthly carrying cost

$2,973
−$173per month
  • Rent $2,800
  • Shortfall $173

Rental income opens at $2,800, the median asking rent of 9 comparable homes for lease in North R. 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
$6,435
Total land transfer tax
$6,435
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$2,435
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 $498,000
$1,960
Ontario total
$6,435

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

Land and environment

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

12 records · 6 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 m3 water-supply wells recorded within 250 mGroundwater recorded about 12.8 m below ground nearbyBedrock about 46.3 m down 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 a household 110 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
  • 3 water-supply wells recorded within 250 mAll were drilled for domestic use; 6 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 34.8 m.250 m
  • Groundwater recorded about 12.8 m below ground nearbyThe middle water level in the well records within 500 m (25 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 46.3 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

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 110 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (110 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.110 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

Condos for sale in North R right now

For sale now
36
Median asking price
$644K

Middle half: $547K to $753K

New in 7 days
2

11 in 28 days

Price cuts
19%

7 listings

This home is asking 23% below the median, lower than three quarters of them.

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–81 km79%Grade 6 average
Masonville Public SchoolThames Valley DSBPublic · grades JK–81.7 km93%Grade 6 average
Sir Arthur Currie Public SchoolThames Valley DSBPublic · grades JK–82.3 km89%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 9–123.2 km70%Grade 9 math
Sir Frederick Banting Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion3.7 km55%Grade 9 math
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–126 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