$2,999,900 - 1539 Gloucester Road, London North
Detached for Sale in London North
48 days on marketNeighbourhood: North A
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- MLS Number
- X13746494
- Property Type
- Detached
- Status
- active
- Days on Site
- 48
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
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.
Estimate your monthly payments for this property
Estimated Payment
$13,269.57/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover North A
North A is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in North A
- •Convenient location in London North
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
North A offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1539 Gloucester Road, London North
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1000/sqft, this property is priced in line with current London North market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 48 days on site, this property has exceeded the typical selling timeline for London North. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in London North are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London North. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.