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$499,900

Est. $2,342/mo mortgage

2bd·2ba·700-1,100sqft

56 Thomas Janes Drive · London South, N6C 2G9

MLS® X12998066

162 days on market162 days on market

Listed Apr 14, 2026

Listing courtesy of Cushman & Wakefield Southwestern Ontario·Updated Sep 3

Description

Welcome to this charming well-maintained home, situated on one of the Old South's most desirable, tree-lined streets within walking distance to Victoria Hospital. It offers convenient main-floor living with versatile additional space below, combining functionality with charm. The bright and inviting main level features two spacious bedrooms, a full bathroom, A bright, large kitchen with extensive white cabinetry, including upper glass-front displays. Substantial counter space, Stainless steel appliances, full-size range with modern hood fan, built-in microwave, and a dedicated beverage fridge. Expand your living options downstairs with large living space ideal for guests, teenager's, in-laws, or even potential rental income. Large fenced backyard with stamped concrete patio for entertaining. Don't miss this unique opportunity to get into this charming bungalow in an unbeatable location in Old South, within walking distance to shopping, public transit, and Victoria Hospital. Book your showing today!!

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Property details

Interior

Interior
700-1100 sqft
Rooms
7 rooms
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Basement
Basement
Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
35.09 × 114.93 ft · < .50 acres
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private (4 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$3,252/yr (2025)

AI property estimate

$420,000Estimate is ~16.0% below asking

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

$378,000$462,000

75% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Glen Cairn

London South, ON

Established south-end neighbourhood with mature trees and a community-park-centred layout.

Monthly paymentest. $2,997/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$301
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,997
Land transfer tax$6,473 on closing

Ontario LTT

$6,473

First-time rebate

$4,000

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

Price & listing history

$499,900

Listed Apr 14, 2026

On the market

Sold comparables nearby

119 ALEXANDRA Street, London SouthSold

119 ALEXANDRA Street, London South

2 bd·2 ba·700-1,100 sqft
248 Grey Street, London EastSold

248 Grey Street, London East

2 bd·1 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsBalanced market in London South

Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 98.7% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$393,000

Sale-to-list ratio

98.7%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $124,000 household income

Minimum household income required

$124,000

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$1,798/mo median for 2 bed nearby

$1,798/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 80 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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