On market 136 days

515 Skyline Ave #31, London

Name: 515 Skyline Avenue, Unit 31
SKU: X13487760
Price: 1150000 CAD
Availability: InStock

London, ON · · MLS® X13487760Updated September 22, 2026

$1,150,000Est. $5,650/mo mortgage

Bedrooms: 4
Bathrooms: 4
Living space: 2750–2999sq ft
Parking spaces: 5

Garage Yes
Basement Finished with Walk-Out

What you should know

515 Skyline Ave #31 is a 4-bedroom, 4-bathroom home in London, listed for $1,150,000. It has 2750-2999 sq ft of living space.

The home offers four bedrooms with ensuite privileges, including a well-designed Jack-and-Jill bathroom.
Open concept design offers a huge family room & south-facing kitchen with quartz countertops, SS appliances including gas-burning stove & oven, a walk-in pantry, and a convenient pot filler.
Additional interior highlights include two gas fireplaces, soaring Cathedral and tray ceilings, Hot tub (2023), Dishwasher/washer/dryer(2024), hardwood flooring (2023), furnace/AC/Hot water Heater (2025).

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4 Bed, 4 Bath Home in London

Unit 31 at 515 Skyline Avenue

Nestled in the highly sought-after Uplands community,this exceptional home backs onto a tranquil green space buffer and features a fully finished walkout basement with extra-high ceilings ,in-floor heating, one bedroom ,one full bath, and the rare convenience of 2 separate staircases providing basement access for both the main foyer and the mudroom. The home offers four bedrooms with ensuite privileges, including a well-designed Jack-and-Jill bathroom. Car enthusiasts and hobbyists will appreciate the oversized heated 3-car garage, complete with a tandem bay, in-floor heating, and durable epoxy flooring. Open concept design offers a huge family room & south-facing kitchen with quartz countertops, SS appliances including gas-burning stove & oven, a walk-in pantry, and a convenient pot filler. The main floor boasts 9-foot ceilings, hardwood staircases with wrought-iron spindles, crown moulding, and an abundance of natural light from numerous large windows. Quartz countertops are featured in all bathrooms except the basement bath. Additional interior highlights include two gas fireplaces, soaring Cathedral and tray ceilings, Hot tub (2023), Dishwasher/washer/dryer(2024), hardwood flooring (2023), furnace/AC/Hot water Heater (2025). Step outside to enjoy the covered rear porch and expansive 34' x 13' deck directly off the kitchen-perfect for entertaining or relaxing while enjoying the peaceful setting. The beautifully maintained grounds are further enhanced by a concrete driveway, and mature landscaping that complements the home's exceptional setting. Ideally located within the highly coveted school catchment areas for A.B. Lucas Secondary School and Jack Chambers Public School, this home presents a rare outstanding opportunity for families seeking access to two of the area's most prestigious and highly ranked schools.

4 bedrooms, 4 bathrooms, about 2,750 sq ft, works out to roughly $418 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this home fits your budget and timing.

Inside 515 Skyline Ave #31

Every detail from the listing, in one place.

Style: 2-Storey
Living space: 2750-2999 sq ftas stated on the listing
Parking: 5 spacesYes garage
Basement: Finished with Walk-Out

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 5

Interior

Basement: Finished with Walk-Out

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Other

515 Skyline Ave #31 Price & Sale History

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

Jun 25, 2026For saleListedThis listingMLS® X13487760$1,150,000

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

What's it worth?

How 515 Skyline Ave #31 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

Excellent Deal· based on 3,250 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: $610,412
Average days on market: 39
Homes sold: 1,698

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 homeUnit 31 — 515 Skyline Avenue 4 bd · 4 ba · 2,750 sqft	$1,150,000asking	$418	—	—
3260 Singleton Avenue 3 bd · 2 ba · 1,800 sqft
1630 Shore Road 3 bd · 3 ba · 1,500 sqft
1233 Ernest Avenue 3 bd · 1 ba · 1,500 sqft
1820 Canvas Way 3 bd · 2 ba · 1,400 sqft
723 Apricot Drive 3 bd · 3 ba · 1,500 sqft
1965 Upperpoint Gate 3 bd · 2 ba · 1,600 sqft

3260 Singleton Avenue
3 bd · 2 ba · 1,800 sqft
1630 Shore Road
3 bd · 3 ba · 1,500 sqft
1233 Ernest Avenue
3 bd · 1 ba · 1,500 sqft
1820 Canvas Way
3 bd · 2 ba · 1,400 sqft
723 Apricot Drive
3 bd · 3 ba · 1,500 sqft
1965 Upperpoint Gate
3 bd · 2 ba · 1,600 sqft

Living in London: Location & Amenities

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Costs, Mortgage & Rental Return for 515 Skyline Ave #31

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

Mortgage: $5,650; 20% down · 25 years · 5.5% assumed
Property tax: $633; 0.66% mill rate · ON
Total per month: $6,283; 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

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Estimated monthly payment

$5,650

/mo

based on the purchase price of $1,150,000

Down payment20%

$230,000 cash

Amortization25 yr

$920,000 financed

Rate5.50%

$774,881 total interest

Principal54%$920,000

Interest46%$774,881

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: INITIA REAL ESTATE (ONTARIO) LTD, BrokerageMLS® X13487760 · Listing data last updated September 22, 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 Jun 24· $418/sq ft

Estimated monthly mortgage$5,650/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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