7 OLD OAK LANE, London South (South K)

$4,750,000

For sale: Detached

Detached at 7 OLD OAK LANE, London South (South K)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 7 bathrooms
Living area
100,000 sqft
MLS®
MLS® X13820664
Neighbourhood
South K

ONE OF LONDON'S MOST SPECTACULAR ESTATES situated on 3.4 beautifully treed acres in an exclusive 24-acre enclave of just six homes. The grounds feature an inviting in-ground pool with night lighting and pool deck water jets. Extensive landscaping and a picturesque waterfall feature, create a private outdoor retreat (partially fenced rear yard). Sprawling 10,000 sq ft ONE FLOOR RETREAT WITH FULL WALK OUT LOWER LEVEL. You will be amazed by the strikingly impressive 17 ft foyer with vaulted ceilings flowing to the open concept expansive dining room and spectacular great room with 12 & 14 ft ceilings as well as the cherry wood office off foyer with tin ceiling. Cathedral ceilings in kitchen area, beautifully appointed Muskoka room with cedar ceiling and main floor family room with access to rear yard. Gourmet chef's kitchen features newer Monogram 60" gas stove, sub zero fridge and 2 additional fridge drawers. Reading room off great room with granite terrace overlooking the landscape. Massive windows across the rear of this home. Marble, slate, ceramic and newer hardwood flooring is all heated throughout the home with an in-floor hot water gas heating system as well as supplemental forced air heating system. Luxurious primary bedroom features sitting area, spa like ensuite with separate shower/tub and direct access to terrace. 2 other bedrooms on the main feature ensuites. The open concept lower has a Muskoka inspired feel with wood panelling, a bistro kitchen, Irish bar, Tuscany wine cellar, exercise room, games area, nanny's suite with ensuite, cedar closet and plenty of secure storage. SONOS speaker system throughout with individual controls. Home features upper 2 car garage and lower 3 car garage with oversized doors and heated floors. No expense was spared in the original construction of this home and it has been custom crafted with exquisite attention to detail. A truly exceptional estate offering privacy, space and refined living in the heart of London.

Sold data

Homes in South K — recent sold market

Homes in South K took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 41, across 30 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 25 days.

The median sale price was $781,700.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
19
Median sale price
$781,700
Sale-to-list ratio
97.3%
Sold above asking
13%

Based on 30 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London South (South K)

London South (South K) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.

Rated schools
116
Elementary
97
Secondary
19
Average rating
5.5 / 10

Top-rated schools in London South (South K)

  • John Dearness — elementary, LondonFraser rating 9.8/10
  • St George — elementary, LondonFraser rating 9.1/10
  • Jack Chambers — elementary, LondonFraser rating 8.8/10
  • Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
  • London Central — secondary, LondonFraser rating 8.7/10
  • Ryerson — elementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 7 OLD OAK LANE