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53 Alayne Crescent

London South, N6E 2A2·MLS® X13148202·

Listing courtesy of Oak And Key Real Estate Brokerage, INC.·Updated May 21

For sale
1 / 39
3Beds
2Baths
700-1,100Sqft
51-99Year Built

Listing price

$599,900

Est. $2,857/mo

Days on market

25

Listed May 20, 2026

Description

Walk to White Oaks Mall! Beautifully renovated 3 bedroom, 2 bathroom bungalow in the heart of White Oaks, featuring an oversized double car garage and/ or workshop: a rare find for buyers seeking additional space for vehicles, hobbies, tools, storage or projects. This fully finished home has been updated top to bottom with quality finishes throughout, including new flooring, doors and trim (2024), granite countertops, backsplash, new GE stove (2021) and Whirlpool microwave (2021), and a renovated 4-piece main bathroom with porcelain tile, vanity and bathtub surround (2021). The main floor living area showcases a custom electric fireplace with marble surround, perfect for cool and cozy nights finished in 2024. Step down to the fully finished basement where you will be treated to a luxury 3-piece bathroom containing a Carrara marble shower, heated porcelain floors and a luxurious heated towel bar also completed in 2024. Find a gas fireplace with porcelain surround and built-ins, a coffee or breakfast bar and ample storage along with space for an additional fridge in the recreation room. In addition, there is still room to host game nights, work out or create an at-home office space. Major updates include a new furnace (2019), driveway extension (2020), new asphalt shingle roof (2021), custom blinds in kitchen windows valued at over $700, updated light fixtures throughout, and a new sump pump and backflow valve (2024). Recent updates are valued in the tens of thousands. Ideally located steps to playgrounds, paved walking trails, and elementary schools. With quick access to the 401 and 402 corridors, this home is close to some of London's best amenities. Rarely offered at this price, in this area, this home is move-in ready.

Property details

Garage

2 car Detached

Basement

Finished

Parking

6 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$618,497Above Market
$582,503$654,491

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Westminster

London South, ON

Expansive southeast neighbourhood with diverse housing, numerous schools, and Wellington Road access.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,857
Property tax$650
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,882

Land transfer tax

Ontario LTT

$8,473

First-time rebate

$4,000

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

Price & listing history

May 20, 2026Listed
$599,900

Sold comparables nearby

81 Beechbank Crescent, London SouthSold

$420,000

81 Beechbank Crescent, London South

3 bd·2 ba·700-1,100 sqft
61 Alayne Crescent, London SouthSold

$430,000

61 Alayne Crescent, London South

3 bd·2 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · South X

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

$2,400

Rental yield

4.8%

Est. cash flow

-$1,482

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

$145,577

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

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AI estimate

$618,497

Above Market

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