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57 SIMMS Court

London South, N5Z 5E7·MLS® X13126654·

Listing courtesy of Royal Lepage Triland Realty·Updated May 28

For sale
1 / 28
3Beds
2Baths
1,100-1,500Sqft
16-30Year Built

Listing price

$569,900

Est. $2,714/mo

Days on market

31

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

$587,567Above Market
$553,373$621,761

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Pond Mills

London South, ON

South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,714
Property tax$617
Insurance (est.)$119
Utilities (est.)$250
Total monthly$3,701

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

May 14, 2026Listed
$569,900

Sold comparables nearby

86 Edmunds Crescent, London SouthSold

$569,900

86 Edmunds Crescent, London South

3 bd·3 ba·1,500-2,000 sqft
143 Gerald Crescent, London SouthSold

$590,000

143 Gerald Crescent, London South

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South T

Buyer's marketBalancedSeller's market

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

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$138,775

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$587,567

Above Market

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