57 SIMMS Court
London South, N5Z 5E7·MLS® X13126654·
Listing courtesy of Royal Lepage Triland Realty·Updated May 28
Listing price
$569,900
Est. $2,714/mo
Days on market
Listed May 14, 2026
Description
This spacious raised bungalow in desirable Pond Mills offers the ideal blend of family function, comfort, and flexibility, all tucked away on a quiet cul-de-sac in South London. Filled with natural light from the large front windows, patio doors, and skylight, the main living area feels bright, open, and welcoming. The open-concept kitchen, dining, and living space is perfect for both entertaining and everyday life, featuring a large island, generous counter space, and a cozy gas fireplace. The main floor includes 3 bedrooms and a full bathroom, along with thoughtful accessibility features such as a walk-in tub and a lift for the first section of stairs. The fully finished lower level adds impressive bonus space with a large rec room, kitchenette, additional bathroom, and a bedroom, ideal for guests, teens, extended family, or multi-purpose living. Outside, the home offers a concrete driveway, attached 1-car garage, fenced yard, and storage shed positioned to preserve as much grassy outdoor space as possible. Set in a convenient location near Southeast Optimist Park, Pond Mills trails, hospitals, shopping, and easy highway access, this property is a smart choice for families, downsizers, or buyers looking for flexible living space in a well-connected neighbourhood.
Property details
Garage
1 car Attached
Basement
Full, Partial Basement
Parking
5 spaces
Type
Detached — Bungalow-Raised
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,873
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$569,900
86 Edmunds Crescent, London South
Sold$590,000
143 Gerald Crescent, London South
See all 10 comparables
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Market conditions · South T
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$2,280
Rental yield
4.8%
Est. cash flow
-$1,421
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$138,775
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$587,567
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