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493 Cypress Avenue

London North, N6H 3R4·MLS® X13255602·

Listing courtesy of The Realty Firm INC.·Updated 3 days ago

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

Listing price

$769,900

Est. $3,667/mo

Days on market

4

Listed Jun 5, 2026

Description

Thoughtfully reimagined from top to bottom, 493 Cypress Avenue is a stunning 2+2 bedroom, 3 bath, 1,048 sq ft ranch offering modern finishes, functional living spaces, and exceptional attention to detail, ideally situated in London's sought-after Oakridge neighbourhood. Set on a beautifully refreshed lot, the property showcases a new front door with sidelight, fresh landscaping, an attached garage with EV rough-in, and an expansive driveway with parking for up to six vehicles.Step inside to a bright and inviting interior where luxury vinyl plank flooring extends throughout, complemented by fresh neutral décor and new interior doors. The kitchen serves as the heart of the home, featuring quartz countertops, a subway tile backsplash, new stainless steel appliances, abundant cabinetry, and a spacious peninsula overlooking the dining area. Nearby, the living room is anchored by a large bay window that fills the space with natural light and creates a warm, welcoming atmosphere for everyday living and entertaining.Two bedrooms include a primary suite with double closets and a 3-piece ensuite featuring a custom glass shower and floor-to-ceiling marble-inspired tile. A stylish 4-piece bathroom serves family and guests alike.The finished lower level extends the living space with a recreation room centred around a wood-burning fireplace creating a warm and inviting setting. Two additional bedrooms with new egress windows, a well-appointed 3-piece bathroom with a glass-enclosed shower, and a dedicated laundry room complete the level.Outside, the fenced backyard offers plenty of room to relax, play, or entertain, featuring expansive green space, a storage shed, and a new rear entry door for added convenience. All this in a desirable neighbourhood just minutes from top-rated schools, parks, golf courses, shopping, restaurants, transit, and everyday amenities.

Property details

Garage

1 car Attached

Basement

Finished

Parking

7 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$793,767Above Market
$747,573$839,961

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)$3,667
Property tax$834
Insurance (est.)$160
Utilities (est.)$250
Total monthly$4,911

Land transfer tax

Ontario LTT

$11,873

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 5, 2026Listed
$769,900

Sold comparables nearby

858 Hickory Road, London NorthSold

$610,000

858 Hickory Road, London North

2 bd·2 ba·1,500-2,000 sqft
519 Rosecliffe Terrace, London SouthSold

$843,000

519 Rosecliffe Terrace, London South

3 bd·3 ba·1,500-2,000 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

$3,080

Rental yield

4.8%

Est. cash flow

-$1,831

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

$184,158

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

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AI estimate

$793,767

Above Market

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