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480 Palmtree Avenue

London North, N6H 3P6·MLS® X13241436·

Listing courtesy of Thrive Realty Group INC.·Updated 8 hours ago

3Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$729,900

Est. $3,476/mo

Days on market

5

Listed Jun 4, 2026

Description

Beautifully renovated 3+1 bedroom, 2 full bathroom bungalow in sought-after Oakridge, situated on a large 75' x 122' lot in a family-friendly neighbourhood known for its top-rated schools, parks, and amenities. Extensively renovated from top to bottom in 2026, this move-in-ready home features a bright open-concept layout with a stunning kitchen complete with a large peninsula, brand-new appliances, luxury vinyl flooring, a fireplace feature wall, and oversized windows (all updated in 2026) that flood the space with natural light. The main floor offers three generous bedrooms and a stylish 5-piece bathroom with double sinks, while the finished lower level adds a fourth bedroom with an egress window, a second fireplace feature wall, a spacious rec room perfect for family gatherings, a games room, home theatre, or whatever suits your lifestyle, plus a full 3-piece bathroom, separate laundry room, large storage room, utility room, and cold room. Major updates include all windows, garage door, exterior doors, electrical panel, most plumbing, full kitchen renovation, all bathrooms, flooring, interior doors and hardware, and hardscaping, all completed in 2026, with the furnace, central air conditioning, and hot water tank updated in 2020. Outside, enjoy a new covered front porch, attached single-car garage, and a spacious fenced backyard, making this an exceptional opportunity to own a turnkey home in one of London's most desirable neighbourhoods.

Property details

Garage

1 car Attached

Basement

Full, Finished, Partially Finished

Parking

7 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$752,527Above Market
$708,733$796,321

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Oakridge

London North, ON

Established neighbourhood with mature trees and great schools.

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,476
Property tax$791
Insurance (est.)$152
Utilities (est.)$250
Total monthly$4,669

Land transfer tax

Ontario LTT

$11,073

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 4, 2026Listed
$729,900

Sold comparables nearby

110 Green Hedge Lane, London NorthSold

$975,000

110 Green Hedge Lane, London North

4 bd·3 ba·2,000-2,500 sqft
903 Manchester Road, London NorthSold

$1,300,000

903 Manchester Road, London North

4 bd·3 ba·3,000-3,500 sqft

See all 10 comparables

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Market conditions · North P

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$2,920

Rental yield

4.8%

Est. cash flow

-$1,749

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$175,089

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$752,527

Above Market

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