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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 24 days

    1042 Melsetter Way

    North S·London North, ON·N6G 0S5·Near EAGLETRACE DRIVE & MELSETTER WAY

    • 4 beds
    London North real estate›X12996820
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to 1042 Melsetter Way, an MCR Homes designed 4+2 bed, 3+1 bath residence that stands above the average home. this exceptional property is defined by extensive custom millwork and a thoughtfully designed layout. The home showcases rich hardwood floors, crown molding, and coffered ceilings. Culinary enthusiasts will adore the gourmet kitchen featuring premium cabinetry, stainless steel appliances including a gas stove, and an oversized quartz topped island. Hunter Douglas blinds ($15kworth)! The elegance continues in the formal dining room highlighted by custom wall paneling, while a dedicated home office with built-in shelving provides a bright and inspiring workspace. The living area boats a stunning coffered ceiling and a sleek fireplace flanked by custom cabinetry. The primary retreat is a true sanctuary, featuring a tray ceiling, an electric fireplace, and a spacious walk in closet with abundant storage and a bright window. The spa inspired ensuite offers a glass enclosed rain shower and a deep soaking tub. The fully finished basement expands the living space with a huge rec room featuring an electric fireplace and a modern bathroom complete with heated floors - basement shower & seat, a floating vanity, and a large glass enclosed walk-in shower. Your private backyard oasis is second to none, showcasing a covered patio and stamped concrete, a fully enclosed pool house, and a 16' x 30' heated saltwater pool (3 to 8 feet deep), an all stone double waterfall enhanced by Pentair pools controls (heating, salt & chlorine levels, and lighting colours). Designed for ultimate hosting, the pool house includes a built-in bar with fridges and a dedicated changing area. The outdoor space is tech integrated with cameras, speakers, a TV, and Dals smart lighting controlled from your phone. Ideally located steps from brand new schools, directly across from a park, and just a 10 minute walk along scenic trails to a community hub featuring a splash pad and tennis courts.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 11, 2026Previously listedNew$1,398,000 —X13552682View
    May 8, 2026Previously listedExp$1,398,000 —X13104698View
    Apr 14, 2026ListedCurrentFor sale$1,399,900 —X12996820This page
    Mar 11, 2026Previously listedTer$1,415,000 —X12872302View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      3
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 1042 Melsetter Way
    What's nearby

    Points of interest classified by the MLS® feed.

    • Fenced Yard
    • Park
    • Place Of Worship
    • School
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $6,877
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $777
    0.67% mill rate · ON
    The market

    How this home sits in the London North market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The London North market right now

    Average sold price, days on market, and closed-transaction count for London North — sourced from MLS®.

    • Avg sold price
      $718,676
      Last 30 days
    • Median sold price
      $672,000
      Middle of the market
    • Days on market
      35 d
      Avg from list to close
    • Closed last 30d
      469
      MLS® transactions
    Full London North market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1042 Melsetter Way — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 1042 Melsetter Way and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 1042 Melsetter Way listed for?

      1042 Melsetter Way is listed at $1,399,900 on the MLS® (listing X12996820). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1042 Melsetter Way have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 4 baths
  2. 2500-3000 sqft
  3. Detached
  4. Built 6-15
  5. < .50 ac lot
  6. Asking
    $1,399,900
    $0 / sqft · MLS® X12996820
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $848,038
    $780,195Confidence range$915,881
    Asking vs estimate
    ↑↑well-above
    +$551,862
    (+65.1%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in London North sell in about 35 days — this one has been listed 24 days.

    Avg sold price
    $718,676
    Median sold
    $672,000
    Avg days on market
    35
    Recently sold
    469
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Culinary enthusiasts will adore the gourmet kitchen featuring premium cabinetry, stainless steel appliances including a gas stove, and an oversized quartz topped island.
    • The elegance continues in the formal dining room highlighted by custom wall paneling, while a dedicated home office with built-in shelving provides a bright and inspiring workspace.
    • The living area boats a stunning coffered ceiling and a sleek fireplace flanked by custom cabinetry.
    • The spa inspired ensuite offers a glass enclosed rain shower and a deep soaking tub.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  8. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    6
    Driveway
    Private Double
  9. Interior

    5
    Basement
    Full, Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    11
    Laundry level
    Main Level
  10. Exterior & construction

    5
    Exterior
    Brick, Stone
    Roof
    Shingles
    Foundation
    Poured Concrete
    View
    Pool
    Pool
    Inground, Salt
  11. Lot & land

    2
    Year built
    6-15
    Zoning
    R1-6
  12. Listing & possession

    3
    Occupancy
    FLEXIBLE
    Property style
    2-Storey
    Property class
    Detached
  13. Room-by-room · 14 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    6 rooms
    • Family Room
      Fireplace
      15.7 × 14.6 ft
    • Office
      10.5 × 11.1 ft
    • Laundry
      13.7 × 10.0 ft
    • Dining Room
      13.3 × 6.9 ft
    • Dining Room
      10.8 × 17.1 ft
    • Kitchen
      14.5 × 16.1 ft

    Second level

    4 rooms
    • Bedroom 2
      10.4 × 11.7 ft
    • Bedroom 4
      10.6 × 13.0 ft
    • Bedroom 3
      12.4 × 11.1 ft
    • Primary Bedroom
      5 pc ensuite · walk-in closet(s) · fireplace
      11.7 × 19.1 ft

    Lower level

    4 rooms
    • Bedroom 5
      9.3 × 15.0 ft
    • Recreation
      Fireplace
      28.7 × 18.5 ft
    • Bedroom
      12.0 × 11.1 ft
    • Utility Room
      22.5 × 11.5 ft
  14. Public Transit
  15. Rec./Commun.Centre
  16. Combined estimate
    $7,654
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $6,877
    /mo
    based on the purchase price of $1,399,900
    $279,980 cash
    $1,119,920 financed
    $943,267 total interest
    Monthly payment$6,877/ month
    Principal54%$1,119,920
    Interest46%$943,267

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

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in London North

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 720 Grenfell Drive
      Sold
      Sign in for price
      720 Grenfell Drive
      Detached
    • 2280 Tokala Trail
      Sold
      Sign in for price
      2280 Tokala Trail
      Detached
    • 1121 South Wenige Drive
      Sold
      Sign in for price
      1121 South Wenige Drive
      Detached
    • 1068 Prince George Road
      Sold
      Sign in for price
      1068 Prince George Road
      Detached
    • 831 Riverside Drive
      Sold
      Sign in for price
      831 Riverside Drive
      Detached
    • 18 Mctaggart Crescent
      Sold
      Sign in for price
      18 Mctaggart Crescent
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1042 Melsetter WayThis home4 / 425,003,000$1,399,900ask———
    720 Grenfell Drive3 / 31,100—
    2280 Tokala Trail4 / 42,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in London North

    Active listings within ±20% of this asking price.

    • 1042 Melsetter Way
      $1,398,000
      1042 Melsetter Way
      Detached 4 4
    • 106 Northumberland Road
      $1,399,900
      106 Northumberland Road
      Detached 3 4
    • 2217 Wateroak Drive
      $1,299,000
      2217 Wateroak Drive
      Detached 4 5
    • 102 ST BEES Court
      $1,149,900
      102 ST BEES Court
      Detached 4 4
    • 2 HAVENWOOD Way
      $1,329,000
      2 HAVENWOOD Way
      Detached 4 4
    • Lot 2 Sunningdale Court
      $1,499,900
      Lot 2 Sunningdale Court
      Detached 4 5
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  17. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  18. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  19. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  20. Public listing courtesy of CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC. · displayed on Summitly per MLS® data-share rules

    1042 Melsetter Way is a 4-bedroom, 4-bath, 2500-3000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 1042 Melsetter Way built?

    1042 Melsetter Way was built in 6-15. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 1042 Melsetter Way?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1042 Melsetter Way plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 1042 Melsetter Way?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,399,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 1042 Melsetter Way been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1042 Melsetter Way with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 1042 Melsetter Way in?

    1042 Melsetter Way is in North S, London North. The 'Neighbourhood' section below links to the live London North real estate hub with average sold price, days on market, and current inventory.

  26. Is London North a good place to live?

    London North is one of ON's actively-tracked Summitly markets. The full London North real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  27. 1121 South Wenige Drive
    3 / 4
    1,500
    —
    1068 Prince George Road3 / 41,500—
    831 Riverside Drive4 / 32,500—
    18 Mctaggart Crescent4 / 31,500—