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335 Lighthouse Road #29

London South, N6M 1J8·MLS® X13153358·

Listing courtesy of Nu-vista Pinnacle Realty Brokerage INC·Updated 2 days ago

For sale
1 / 23
2Beds
2Baths
900-999Sqft
Year Built

Listing price

$519,000

Est. $2,472/mo

Days on market

24

Listed May 21, 2026

Description

Rare Opportunity to own a detached home and the land it sits on in a highly sought after community! Welcome to 29-335 Lighthouse Rd, a beautifully maintained one-owner home nestled in a quiet, friendly and impeccably kept neighbourhood in desirable Summerside. This detached vacant land condominium offers a unique ownership opportunity, you own both the home and the land it sits on, providing the feel of traditional home ownership within a well managed community, often with lower maintenance responsibilities and costs compared to many freehold properties. Featuring 4 bedrooms and 2 full bathrooms. This move in ready home offers 2 spacious bedrooms on the main floor plus 2 additional bedrooms in the bright, finished lower level. Pride of ownership shines throughout, with updates including newer kitchen appliances furnace and roof (approx. 10 yrs old). Step outside to your private backyard retreat complete with a beautiful porch, perfect for relaxing or entertaining. Ideally located close to excellent schools, parks, hospitals, shopping, airport and quick access to highway 401. A rare combination of space, comfort, value and ownership in one of London's most desirable locations. Some photos have been virtually staged.

Property details

Garage

1 car Attached

Basement

Finished

Parking

2 spaces

Type

Vacant Land Condo — Multi-Level

Heating

Forced Air

AI property estimate

$498,240Below Market
$467,100$529,380

82% confidence · 4 comparable sales analysed

Location & neighbourhood

South U

London South, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,472
Property tax$562
Insurance (est.)$108
Utilities (est.)$250
Total monthly$3,392

Land transfer tax

Ontario LTT

$6,855

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 21, 2026Listed
$519,000

Market conditions · South U

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

$2,076

Rental yield

4.8%

Est. cash flow

-$1,316

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

$127,204

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

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AI estimate

$498,240

Below Market

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