Are you looking to buy a luxury home in London, Ontario? Then you’re in the right place. In this guide, we’ll take you through everything you need to know about the luxury real estate market in London, Ontario, from high-end neighbourhoods to desirable school districts, local amenities, and much more.
High-end neighbourhoods in London, Ontario
London, Ontario, has several neighbourhoods known for their luxurious homes, stunning architecture, and high-end amenities. Here are some of the most popular high-end neighbourhoods in the city:
Old North
Old North is one of London, Ontario’s oldest and most prestigious neighbourhoods. The area is known for its beautiful Victorian homes, historic architecture, and picturesque parks. The neighbourhood is also close to downtown, making it a convenient location for those who want to be close to the city’s cultural and entertainment hubs.
Wortley Village
Wortley Village is a vibrant neighbourhood that has become increasingly popular recently. The area features a mix of historic homes, trendy new developments, and a variety of independent shops, restaurants, and cafes. Wortley Village hosts several community events yearly, including a popular farmers’ market.
Richmond Row
Richmond Row is a bustling commercial district in the heart of London, Ontario. The area features a wide range of shops, restaurants, entertainment options, and beautiful historic architecture. Richmond Row is a popular destination for locals and visitors alike.
Sunningdale
Sunningdale is a newer neighbourhood that has become increasingly popular with luxury home buyers in recent years. The area features large, modern homes, beautiful landscaping, and plenty of green space. It is also close to shopping, dining, and other amenities.
Byron
Byron is a charming neighbourhood located on the outskirts of London, Ontario. The area features a mix of historic homes, newer developments, and several parks and green spaces. Byron is known for its excellent schools and family-friendly atmosphere.
Masonville
Masonville is a bustling neighbourhood near the Masonville Place shopping centre. The area features a mix of residential and commercial properties and several parks and green spaces. Masonville is a popular destination for shopping, dining, and entertainment.
Oakridge
Oakridge is a family-friendly neighbourhood located in the west end of London, Ontario. The area features a mix of historic and newer homes and several parks and green spaces. Oakridge is known for its excellent schools and close-knit community.
Hyde Park
Hyde Park is a newer neighbourhood located in the north end of London, Ontario. The area features a variety of residential and commercial properties, as well as several parks and green spaces. Hyde Park is a popular destination for shopping and dining.
Westmount
Westmount is a family-friendly neighbourhood in the southwest of London, Ontario. The area features a mix of historic and newer homes and several parks and green spaces. Westmount is known for its excellent schools and quiet, suburban atmosphere.
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Some of the top schools in the city include:
- London Central Secondary School – London Central Secondary School is a public school known for its vital academic programs, including the International Baccalaureate program. The school also offers various extracurricular activities, including music, drama, and sports.
- A.B. Lucas Secondary School – A.B. Lucas Secondary School is a public school that offers a comprehensive academic program, including a gifted program and an International Baccalaureate program. The school also offers a variety of clubs and sports teams.
- Western University – Western University is a public research university with a reputation for academic excellence. The university offers undergraduate and graduate programs in various fields, including business, engineering, health sciences, and social sciences.
- Blyth Academy London – Blyth Academy London is a private school offering a personalized education approach. The school offers small classes, flexible scheduling, and individualized learning plans.
- Montessori Academy of London – Montessori Academy of London is a private school that offers a Montessori-based education for children from infancy to Grade 8. The school focuses on developing independence, creativity, and critical thinking skills.
Down payment requirements
If you’re considering buying a luxury home in London, Ontario, you must know the down payment requirements. Most lenders will generally require a down payment of at least 20% for a luxury home. However, the exact amount will depend on various factors, including your credit score, income, and debt-to-income ratio.
Local amenities
London, Ontario, has plenty of local amenities that make it a great place to live, including:
Hunt Club Golf Course
Grand Theatre
Covent Garden Market
Budweiser Gardens
Small communities nearby
If you’re looking for executive-level housing outside of London, Ontario, there are several small communities nearby that might be of interest, including:
Komoka
Kilworth
Dorchester
Ilderton
If you’re ready to start your search for a luxury home in London, Ontario, contact a local real estate agent who can help guide you through the process. With their help, you can find the perfect luxury home in this vibrant and exciting city.
Elevate Real Estate Group (Brittany Wurfel, Jeremy Odland, Victoria Rowe, & Stewart Blair)
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