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55 Ada Street

London South, N5Z 2X3·MLS® X13155342·

Listing courtesy of Re/max Centre City Realty INC.·Updated May 21

For sale
1 / 22
3Beds
1Baths
700-1,100Sqft
51-99Year Built

Listing price

$469,000

Est. $2,234/mo

Days on market

24

Listed May 21, 2026

Description

Welcome to quiet 55 Ada St, near Chelsea Green Park!Located on a peaceful street, just a stone's throw from vibrant downtown London, this home is on a direct bus route to Masonville Mall and White Oaks Mall.Features include:Open-concept layout, new kitchen with quartz countertops, 5 new appliances, vinyl click flooring, updated bathroom, fresh paint, pot lights throughout, double parking, fenced backyard with deck, and beautiful views facing the green Thames.High school and middle school are within walking distance.

Property details

Basement

Partial Basement

Parking

2 spaces

Type

Detached — Bungalow-Raised

Heating

Forced Air

AI property estimate

$450,240Below Market
$422,100$478,380

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Old East Village

London South, ON

Vibrant arts district with walkable streets and character homes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,234
Property tax$508
Insurance (est.)$98
Utilities (est.)$250
Total monthly$3,090

Land transfer tax

Ontario LTT

$5,855

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
$469,000

Sold comparables nearby

706 Nelson Street, London EastSold

$304,000

706 Nelson Street, London East

2 bd·1 ba·1,100-1,500 sqft
111 Alexandra Street, London SouthSold

$535,000

111 Alexandra Street, London South

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South I

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

$1,876

Rental yield

4.8%

Est. cash flow

-$1,214

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

$115,868

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

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AI estimate

$450,240

Below Market

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