Updated 2-storey on quiet cul-de-sac near Sifton Bog

Property details for 1048 Mahogany Road, London North

Type: Residential
Bedrooms: 3
Bathrooms: 3
Lot Size: 50 x 131 FT
Stories: 2
Basement: Finished, Full
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Vinyl siding, Brick Facing
Ownership: Freehold
Annual Taxes: $4,442 (2025)

New roof (2022) and windows (2022) are done, so you can skip straight to the fun stuff here. This 2-storey in Oakridge sits on a 50 x 131 ft lot at the end of a cul-de-sac, giving it a private, quiet feel. Inside, you'll find natural-tone oak floors throughout the main and upper levels, with quartz counters and stainless steel appliances in the kitchen. Main floor has a powder room, plus a living and dining area that flows together. Upstairs, there are three bedrooms, including a primary suite with a walk-in closet. Basement is fully finished with a big rec room, a full bath, laundry, and extra storage. Backyard is fenced and has a concrete patio, perfect for summer BBQs. There's also an attached garage with a smart opener and a newer door. You can walk to Sifton Bog trails in about 15 minutes, and grocery stores and schools are nearby. Property taxes run about $4,442 a year. Priced at $674,999, slightly above the area's median sold price of $639,900, but with the updates and location on a quiet street, it feels fairly positioned. Market's a bit slow right now, with homes averaging 69 days to sell, so there might be room to negotiate. Overall, it's a solid, move-in-ready home that won't need major work for years.

About 1048 Mahogany Road, London North — Property Score

Prime Location Feature Rich

Score: 68/100

Value

Priced 15.6% below area median of $799,900 based on 183 comparable properties nearby 93

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

3 bathrooms - typical for similarly priced properties 60

6,550 sqft lot - a generous lot for the area 78

Location

$81K median household income - above the Canadian average of $70K 71

87% of residents hold postsecondary credentials - a highly educated neighbourhood 94

96% homeownership rate - indicating a stable, owner-occupied community 97

84% of residents commute under 30 minutes - excellent commuter accessibility 98

2,836/km² population density - a well-balanced suburban area 98

Market

Just listed - area average is 66 days on market 100

-11.9% median price change over 1 month - declining prices in the area 1

37.9 months of housing supply - 341 active listings with 9 sold last month (buyer's market) 40

Features

5-car garage - more than the area average of 4.7 spots 95

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.66% effective tax rate ($4,442/yr) - below the Canadian average of ~1% 80

4% renter population - primarily owner-occupied area 35

Quality

Condition

Listing

39 photos provided - 3% more than the area average of 38 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.