776 Banyan Lane
North E, London North, Ontario N6G 0A6
- Bedrooms
- 2
- Bathrooms
- 3
- Size
- 1,600–1,799sq ft
- Per sq ft
- $294at the range’s middle
- Built
- New
- Parking
- 21 attached
- Days on market
- Members
The brief
About 776 Banyan Lane
776 Banyan Lane is a 2-bedroom, 3-bathroom condo townhouse in North E, London North, listed for sale at an asking price of $499,999 (MLS® X14102052).
This INTERIOR 2 Bedroom Black Cedar Plan that offers 1628 sq ft above grade in now COMPLETE and ready to go!! This layout offers 2 massive bedrooms, both with their own ensuite and walk in closets! There is also a full second floor laundry room!! Closing expected early October. Werrington Homes is now over 70% SOLD at this "North Woods" project in the desirable Hyde Park community of Northwest London. The project consists of 45 two-storey contemporary townhomes priced from the low $500's. With the modern family & purchaser in mind, the builder has created 3 thoughtfully designed floorplans. The end units known as "The White Oak", offers 1686 sq ft above grade, 3 bedrooms, 2.5 bathrooms & a single car garage. The interior units known as "The Black Cedar" offers 1628 sq ft above grade with 2 bed or 3 bed configurations, 2.5 bathrooms & a single car garage. The basements have the option of being finished by the builder to include an additional BEDROOM, REC ROOM & FULL BATH! As standard, each home will be built with brick, hardboard and vinyl exteriors, 9 ft ceilings on the main, luxury vinyl plank flooring on the main and upper floor, quartz counters, second floor laundry, paver stone drive and walkways, ample pot lights, tremendous storage space & a 4-piece master ensuite complete with tile & glass shower & double sinks! The North Woods location is second to none with so many amenities all within walking distance! Great restaurants, smart centres, walking trails, mins from Western University & directly on transit routes! Low monthly fee ($77 approx.) to cover common elements of the development (green space, snow removal on the private road, etc). *Photos are of the actual unit* NOTE: Price includes proposed 2026 HST rebates. Final rebate amount is subject to the passing of Provincial/Federal legislation and purchaser eligibility (Primary Residence/Qualifying Rental) as per government guidelines.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even46/100−$332/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 44 homes with 2 bedrooms for lease in London North right now. Cost of owning counts the mortgage and the condo fee. This record states no property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- MLS® number
- X14102052
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- New
- Days on market
- Size
- 1600-1799 sqft
- Listed on
- Parking
- 1 Attached, 2 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- North E
- Municipality
- London North
Building
- Size
- 1600-1799 sqft
- Building Age
- New
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd, 1 × 4pc 2nd
- Basement Type
- Full
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Poured Concrete
- Roof
- Shingles
- Fireplace
- Yes
- Den
- Yes
- Family room
- Yes
- Extras
- Refrigerator, stove, dishwasher, washer, dryer
- Condo maint.
- $100
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.66 × 2.51 m | — | Main |
| Dining | 3.05 × 4.65 m | — | Main |
| Living | 3.66 × 4.65 m | Electric Fireplace | Main |
| Primary | 4.27 × 4.66 m | His/Hers Closets, 4 Pc Ensuite | 2nd |
| 2nd Br | 3.35 × 4.66 m | W/I Closet, 4 Pc Ensuite | 2nd |
Listing history
Buy/sell history for 776 Banyan Lane, 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 | $499,999 | N/A | Pc | X14102052 |
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
- $100,000
- Total mortgage amount
- $399,999
- Total interest payment
- $284,601
- Total purchase cost
- $784,600
- Mortgage payment
- $2,282/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
32%Monthly carrying cost
$2,382- Rent $2,050
- Shortfall $332
Rental income opens at $2,050, the median asking rent of 44 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
- $6,475
- Total land transfer tax
- $6,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,475
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 $499,999
- $2,000
- Ontario total
- $6,475
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.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 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 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 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, Execulink, 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 E right now
- For sale now
- 17
- Median asking price
- $525K
- New in 7 days
- 2
- Price cuts
- 12%
Middle half: $500K to $600K
4 in 28 days
2 listings
This home is asking 5% below the median.
See all homes in North EAsking 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 |
|---|---|---|---|
| St Marguerite d'Youville SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 350 m | 64%Grade 6 average |
| Emily Carr Public SchoolThames Valley DSB | Public · grades JK–8 | 1 km | 71%Grade 6 average |
| St. Gabriel Catholic Elementary School Catholic Elementary SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.9 km | 82%Grade 6 average |
| École élémentaire Marie-CurieConseil scolaire Viamonde | French-language public · grades JK–6 | 3.6 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St. Andre Bessette Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1 km | 70%Grade 9 math |
| Sir Frederick Banting Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1.7 km | 55%Grade 9 math |
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 3.5 km | 64%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 7.6 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 E are shown to signed-in members.