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616 Eden Avenue

London South, N6C 2Z6·MLS® X13153586·

Listing courtesy of Sutton Group - Select Realty·Updated May 21

For sale
0Beds
0Baths
Sqft
Year Built

Listing price

$429,999

Est. $2,048/mo

Days on market

24

Listed May 21, 2026

Description

Rare opportunity to own a 50ft wide(frontage) infill lot in this established south end neighbourhood to build your dream home. Sanitary sewer stubbed out to lot line, and Municipal water available at front of lot. Through the site plan approval process, the City permitted the sump pump to be drained onto the front lawn into the catch basin. Lot already has the curb cut and an existing asphalt driveway in place. Mere minutes to Victoria Hospital, Highway 401, and White Oaks Mall. On the Western University and Fanshawe College bus routes!

Property details

Type

Vacant Land — Other

AI property estimate

$417,447Below Market
$391,647$443,247

82% confidence · 11 comparable sales analysed

Location & neighbourhood

Glen Cairn

London South, ON

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

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,048
Property tax$466
Insurance (est.)$90
Utilities (est.)$250
Total monthly$2,854

Land transfer tax

Ontario LTT

$5,075

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
$429,999

Market conditions · South R

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

$1,720

Rental yield

4.8%

Est. cash flow

-$1,134

Cap rate

3.2%

Best time to sell

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

Affordability

Minimum household income required

$107,018

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

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AI estimate

$417,447

Below Market

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