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Property Description
Timeless elegance in prestigious Old North. First time available in nearly 40 years, this classic two-storey home is a rare gem on one of the areas most sought-after streets. Boasting 2,800 sqft of luxurious living space, this architectural beauty blends historic charm with modern comfort. The classic foyer opens to a stunning, light-filled living room with elegant moldings and a stately wood-burning fireplace creating a warm and inviting space perfect for both everyday living and gatherings. The room flows seamlessly into the entertainment-sized dining room with garden doors leading to covered outdoor dining. A versatile den with a fireplace overlooks the charming streetscape, while the kitchen is a chefs dream loaded with cabinetry, hidden pantries, high-end appliances, and an eating area with views of the lush yard. The upper level is remarkably spacious, offering five bright bedrooms, all with good closet space, including a large primary suite with a wall of closets and an updated ensuite. The newly renovated main bath (2024) reflects classic style with a modern touch. The lower level features an impressively high ceiling and a sprawling family room, ideal for movie nights, a home gym and play dates. With additional storage, this space adapts to any lifestyle. The large private lot is nothing short of spectacular towering trees, lush perennial gardens, a heated saltwater pool with updated mechanics, a covered flagstone patio, multiple outdoor seating areas and backing onto Gibbons Flats with scenic river trails. Perfect for entertaining or quiet relaxation. The rare double-car, attached garage with inside entry and mudroom adds even more convenience. Located near Western University, University Hospital, St. Josephs Hospital, and excellent schools, this home offers unparalleled access to tennis courts, cycling, walking trails, and Gibbons Park. With its unbeatable combination of space, location, and timeless appeal, this home is truly one of Old Norths finest.
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Property Features
Golf, Grnbelt/Conserv, Hospital, Park, River/Stream, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
109' x 239'
Lot Irregularities
238.56 x 29.71 x 243.32 x 73.70 x 34.93
Fronting
East
Taxes
$11,232 (2024)
Basement
Full, Part Fin
Exterior
Board/Batten, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 9.74' x 7.87' | |
| Living | Main | 14.96' x 21.00' | |
| Dining | Main | 14.96' x 12.11' | |
| Kitchen | Main | 12.80' x 10.47' | |
| Other | Main | 8.07' x 15.09' | Combined W/Kitchen |
| Den | Main | 12.76' x 13.55' | |
| Laundry | Main | 8.20' x 5.84' | |
| Prim Bdrm | 2nd | 15.39' x 16.40' | |
| Br | 2nd | 13.58' x 15.35' | |
| Br | 2nd | 10.70' x 14.99' | |
| Br | 2nd | 9.78' x 10.79' | |
| Br | 2nd | 10.73' x 9.78' |
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London Market Statistics
London Price Trend
1089 The Parkway is a 5-bedroom 3-bathroom home listed for sale at $1,499,900, which is $267,900 (21.7%) higher than the average sold price of $1,232,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in London increased by $332,675 (37.0%) compared to the previous 30 day period (December 22 - January 20) and up $838,846 (213.4%) from the same time one year ago.Inventory Change
There were 23 5-bedroom homes listed in London over the last 30 days (January 21 - February 19), which is up 64.3% compared with the previous 30 day period (December 22 - January 20) and up 666.7% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in London typically sold ($75,920) (6.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $30,572 decrease compared to the previous 30 day period (December 22 - January 20) and ($8,083) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in London over the last 30 days (January 21 - February 19) stood at 21.7%, down from 57.1% over the previous 30 days (December 22 - January 20) and down from 50,200.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in London stood at 51 days when successfully sold over the last 30 days (January 21 - February 19), compared to 100 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group - Hodgson Realty Inc.
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