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$1,188,000

Est. $5,566/mo mortgage

4bd·3ba·2,500-3,000sqft

Lot 52 FALLINGBROOK Road · London South, N6P 1H5

MLS® X12719590

244 days on market244 days on market

Listed Jan 22, 2026

Listing courtesy of Century 21 First Canadian Corp. Dean Soufan INC.·Updated Apr 13

Description

Marquis Developments is now selling in Heathwoods Phase IV; located in lovely Lambeth. Featuring 49' and 55' executive lots-- including pond views. Exquisite exterior facades combines with refined interior finishes. Offering functional and elegant floor plan designs with many options to choose from. For Marquis Developments, their mission to make the homebuilding experience a seamless and enjoyable one. Offering a highly personalized and systematic approach to home design; with over 20 years experience creating quality homes. Marquis Developments has established a solid reputation for outstanding workmanship and reliability of the service. Discover the difference in creating your home with Marquis Developments. Model Home now open at -- 4137 Fallingbrook Road! * Price includes proposed 2026 HST rebates. Final rebate amount is subject to the passing of Provincial and Federal legislation and purchaser eligibility as per government guidelines, including primary residence or qualifying rental.

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Property details

Interior

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

Building & lot

Type
Detached, 2-Storey
Age
New
Lot size
53.68 × 126.73 ft · < .50 acres
Exterior
Stucco (Plaster), Stone
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2 car Attached
Driveway
Private Double (2 spaces)
Parking
4 spaces

Rooms

Main

Laundry
1.85 × 4.26 m
Dining Room
3.23 × 4.51 m
Great Room
5.18 × 4.57 m
Kitchen
3.32 × 4.57 m
Office
3.32 × 4.05 m

Second

Primary Bedroom
4.78 × 4.26 m
Bedroom 3
3.35 × 4.26 m
Bedroom 2
3.35 × 4.26 m
Bedroom 4
3.44 × 3.56 m

AI property estimate

$1,097,732Estimate is ~7.6% below asking

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

$987,959$1,207,505

74% confidence · 37 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Lambeth

London South, ON

Growing south-end community with new builds and green space.

Monthly paymentest. $6,779/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$5,566
Property tax$716
Insurance (est.)$248
Utilities (est.)$250
Total monthly$6,779
Land transfer tax$20,235 on closing

Ontario LTT

$20,235

First-time rebate

$4,000

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

Price & listing history

$1,188,000

Listed Jan 22, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

2400 Red Thorne Avenue, London SouthSold

2400 Red Thorne Avenue, London South

3 bd·3 ba·1,500-2,000 sqft
7038 Clayton Walk, London SouthSold

7038 Clayton Walk, London South

5 bd·4 ba·3,000-3,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Lambeth

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.9% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$853,300

Sale-to-list ratio

97.9%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $286,000 household income

Minimum household income required

$286,000

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
Rental market$3,100/mo median for 4 bed nearby

$3,100/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 23 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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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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