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For sale
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$1,065,000

Est. $4,989/mo mortgage

4bd·4ba·2,500-3,000sqft

Lot 31 Virtue Drive · London South, N6K 4M8

MLS® X12056767

539 days on market539 days on market

Listed Apr 2, 2025

Listing courtesy of Thrive Realty Group INC.·Updated Apr 30

Description

Step into "The Hawthorn," a beautifully designed home offering 2,588 square feet of sophisticated living space. The main floor has a welcoming layout, with a spacious great room that flows seamlessly into the kitchen and dining space, creating an inviting atmosphere perfect for both daily living and entertaining. A main floor office provides a quiet and productive space, ideal for remote work or study. The kitchen features premium finishes and ample storage. "The Hawthorn" includes four generously sized bedrooms, each offering plenty of space and natural light. The primary suite provides both comfort and privacy, with an ensuite bathroom designed for relaxation. The home also features 3 and a half bathrooms, ensuring convenience for everyone in the household. With a two-car garage and a stylish brick and stone exterior, "The Hawthorn" has excellent curb appeal. The full basement offers exciting future potential, with rough-ins in place for a future bedroom and additional living space, allowing you to customize the layout to suit your needs.This home is thoughtfully designed to accommodate the demands of modern living while maintaining a welcoming, family-friendly feel. **Purchase price includes proposed 2026 HST rebates** More floorplan options available!

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Property details

Interior

Interior
2500-3000 sqft
Rooms
14 rooms
Bathrooms
1 × 2-piece on Main, 1 × 3-piece on Upper, 1 × 4-piece on Upper, 1 × 5-piece on Upper
Basement
Full, Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
New
Lot size
40 × 111.8 ft
Exterior
Stone, Brick
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
2 car Attached
Parking
4 spaces

AI property estimate

$912,472Estimate is ~14.3% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$821,225$1,003,719

70% confidence · 35 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Byron

London South, ON

Family-friendly neighbourhood with trails and parks along the Thames River.

Monthly paymentest. $6,103/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$4,989
Property tax$642
Insurance (est.)$222
Utilities (est.)$250
Total monthly$6,103
Land transfer tax$17,775 on closing

Ontario LTT

$17,775

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$1,065,000

Listed Apr 2, 2025

On the market

Sold comparables nearby

367 Maitland Street, London EastSold

367 Maitland Street, London East

3 bd·2 ba·2,000-2,500 sqft
122 Windsor Crescent, London SouthSold

122 Windsor Crescent, London South

4 bd·2 ba·1,100-1,500 sqft

See what these 6 homes sold for

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Market conditionsBalanced market in Byron

Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 98% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$442,167

Sale-to-list ratio

98%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $257,000 household income

Minimum household income required

$257,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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