DetachedListed 2 days ago

1119 Waterwheel Rd, London

Name: 1119 Waterwheel Road
SKU: X14122766
Price: 915000 CAD
Availability: InStock

London, ON · · MLS® X14122766Updated October 27, 2026

$915,000Est. $4,495/mo mortgage

Bedrooms: 4
Bathrooms: 3
Living space: 2000–2500sq ft
Parking spaces: 4

Type Detached
Lot 50 acres
Garage Yes
Basement Full, Separate Entrance

What you should know

1119 Waterwheel Rd is a 4-bedroom, 3-bathroom detached home in London, listed for $915,000. It has 2000-2500 sq ft of living space.

Set within the sought-after Forest Hill community and an excellent school zone, this residence combines quality construction with flexible, contemporary design.
Thoughtful details such as rounded corners, double-door entry, an insulated garage door, and a concrete driveway elevate both comfort and durability.
All of this is positioned moments from every lifestyle amenity-schools, shopping, dining, parks, transit, entertainment, and more-making it an exceptional time and place to invest in new construction.

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4 Bed, 3 Bath Detached Home in London

About 1119 Waterwheel Road

To Be Built. The best time to take advantage of all incentives available to new-home buyers is right now, and this limited detached offering from Royal Premier Homes brings that opportunity to one of North London's most desirable pockets. Set within the sought-after Forest Hill community and an excellent school zone, this residence combines quality construction with flexible, contemporary design. The 4-bedroom, 3.5-bath layout can be tailored with premium finishes-an expansive kitchen with pantry, quartz surfaces throughout, soft-close cabinetry, an electric fireplace, and striking colour-key windows that flood the home with natural light. Thoughtful details such as rounded corners, double-door entry, an insulated garage door, and a concrete driveway elevate both comfort and durability. A separate side entry provides direct access to the lower level, where multiple configuration options allow you to create a private suite, additional living space, or a future income opportunity. With flexible deposit structures and the ability to move in before winter, buyers can shape a home that truly fits their lifestyle. Renderings are conceptual and may show upgraded features. All of this is positioned moments from every lifestyle amenity-schools, shopping, dining, parks, transit, entertainment, and more-making it an exceptional time and place to invest in new construction. Call today to customize your plan and secure this rare North London opportunity.

4 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $458 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 1119 Waterwheel Rd

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 2000-2500 sq ftas stated on the listing
Parking: 4 spacesYes garage
Basement: Full, Separate Entrance

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 4

Interior

Basement: Full · Separate Entrance

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

1119 Waterwheel Rd Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 26, 2026For saleListedThis listingMLS® X14122766$915,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1119 Waterwheel Rd Compares to the London Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Fair Price· based on 3,257 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

London market, last 90 days

Median sold price: $560,000
Average sold price: $612,223
Average days on market: 39
Homes sold: 1,783

Closed sales on the TRREB MLS®.

Full London market report

Recently sold nearby in London

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home1119 Waterwheel Road 4 bd · 3 ba · 2,000 sqft	$915,000asking	$458	—	—
1506 Chelton Place 4 bd · 2 ba · 2,000 sqft
1304 EAGLETRACE Drive 4 bd · 3 ba · 2,500 sqft
2 Garnet Court 4 bd · 3 ba · 2,000 sqft
546 MAPLEWOOD Lane 3 bd · 2 ba · 1,500 sqft
26 GRASMERE Crescent 4 bd · 3 ba · 2,500 sqft
965 Osgoode Drive 3 bd · 1 ba · 1,100 sqft

1506 Chelton Place
4 bd · 2 ba · 2,000 sqft
1304 EAGLETRACE Drive
4 bd · 3 ba · 2,500 sqft
2 Garnet Court
4 bd · 3 ba · 2,000 sqft
546 MAPLEWOOD Lane
3 bd · 2 ba · 1,500 sqft
26 GRASMERE Crescent
4 bd · 3 ba · 2,500 sqft
965 Osgoode Drive
3 bd · 1 ba · 1,100 sqft

Living in London: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 1119 Waterwheel Rd

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $4,495; 20% down · 25 years · 5.5% assumed
Property tax: $503; 0.66% mill rate · ON
Total per month: $4,998; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$4,495

/mo

based on the purchase price of $915,000

Down payment20%

$183,000 cash

Amortization25 yr

$732,000 financed

Rate5.50%

$616,536 total interest

Principal54%$732,000

Interest46%$616,536

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: ROYAL LEPAGE TRILAND REALTY, BrokerageMLS® X14122766 · Listing data last updated October 27, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Oct 25· $458/sq ft

Estimated monthly mortgage$4,495/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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