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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13772990For SaleDetached

721 Inverness Ave

North P, London North, Ontario N6H 3C7

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721 Inverness Ave, London North, photo 1
Asking$719,900
Bedrooms
2+1
Bathrooms
2
Size
1,100–1,500sq ft
Per sq ft
$554at the range’s middle
Lot
90.6 x 120.55 ft
Tax a year
$4,4392026 tax year
Parking
82 detached
Days on market
Members

The brief

About 721 Inverness Ave

721 Inverness Ave is a 2+1-bedroom, 2-bathroom detached house in North P, London North, listed for sale at an asking price of $719,900 (MLS® X13772990).

Welcome to 721 Inverness Ave - an extensively renovated bungalow in the desired Oakridge area! The main floor boasts an open concept kitchen with accent wood beams and large island, large master with wood accent wall, a bump out in the living room with electric fireplace and wood mantle. Fully updated bath with heated floors (2026). Lower includes a large family room, spacious bedroom, 3pc bath and office.The large private yard includes a hot tub and fire pit. For the car enthusiast, there is an oversized, detached, finished 2 car garage. Perfect Updates include: roof(2026), soffits and facia(2026), A/C(2026), kitchen(2024), main bath (2026). This property is close to everything within a wonderful school zone! Just pack your stuff and move in - nothing to do here!

Insights

  • Condition Score

    Good

    2 documented update signals

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

  • Cashflow Quality

    Shortfall

    −$855/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
$4,439 / 2026
MLS® number
X13772990
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
1100-1500 sqft
Lot Size
90.6 x 120.55 ft
Listed on
Parking
2 Detached, 8 Parking
Listing brokerage: SUTTON GROUP PREFERRED REALTY INC.Data 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
Bungalow
Community
North P
Municipality
London North

Building

Size
1100-1500 sqft
Construction
Brick

Inside

Bedrooms
2+1
Bathrooms
2
Bathroom Details
1 × 4pc Ground, 1 × 3pc Bsmt
Basement Type
Full
Kitchens
1

Parking

Garage Type
Detached
Garage
2
Additional Parking
6
Total Parking
8

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
90.6 ft
Depth
120.55 ft
Lot Size
90.6 x 120.55 ft

Additional

Foundation
Concrete
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
All appliances.

Rooms

RoomSizeFeaturesLevel
Primary3.05 × 6.02 m—Main
2nd Br2.62 × 3.69 m—Main
Living4.25 × 4.88 m—Main
Kitchen2.97 × 4.77 m—Main
Foyer1.86 × 1.24 m—Main
Bathroom3.44 × 3.65 m—Main
Utility4.55 × 3.37 m—Lower
Office4.53 × 2.67 m—Lower
3rd Br3.42 × 3.61 m—Lower
Family4.99 × 8.26 m—Lower
Bathroom2.18 × 2.14 m—Lower

Listing history

Buy/sell history for 721 Inverness Ave, 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$719,900N/APcX13772990

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $143,980

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
$143,980
Total mortgage amount
$575,920
Total interest payment
$409,580
Total purchase cost
$1,129,480
Mortgage payment
$3,285/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

41%

Monthly carrying cost

$3,655
−$855per month
  • Rent $2,800
  • Shortfall $855

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
$10,873
Total land transfer tax
$10,873
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$6,873
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 $719,900
$6,398
Ontario total
$10,873

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
10,922 sq ft1,015 m²
Street frontage
90.6 ft27.6 m
Depth
120.55 ft36.7 m
90.6 × 120.55 ftINVERNESS AVE

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.

12 records · 5 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest rail line: 310 mA 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 90 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 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 home2

  • Nearest rail line: 310 m310 m
  • 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 Corporation of the City of London — Greenway Pollution Control Centre, 1.8 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 90 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (90 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.90 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, 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

Middle half: $648K to $720K

New in 7 days
4

7 in 28 days

Price cuts
42%

5 listings

This home is asking 5% above the median.

See all homes in North P

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
Notre Dame Separate SchoolLondon District Catholic School BoardCatholic · grades JK–8550 m95%Grade 6 average
Riverside Public SchoolThames Valley DSBPublic · grades JK–8700 m69%Grade 6 average
Clara Brenton Public SchoolThames Valley DSBPublic · grades JK–81 km85%Grade 6 average
École élémentaire Marie-CurieConseil scolaire ViamondeFrench-language public · grades JK–62.2 km88%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Oakridge Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion1 km64%Grade 9 math
Sir Frederick Banting Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion2.5 km55%Grade 9 math
St Thomas Aquinas Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–122.9 km64%Grade 9 math
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–126.9 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 P are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record