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60 Lysanda Avenue

London South, N5Z 4L3·MLS® X13162394·

Listing courtesy of Royal Canadian Realty·Updated May 22

For sale
1 / 50
3Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$619,000

Est. $2,948/mo

Days on market

23

Listed May 22, 2026

Description

Welcome to this BEAUTIFULLY RENOVATED 3+2 bedroom home located in the sought-after Pond Mills neighbourhood of London - offering the perfect blend of modern living, INCOME POTENTIAL, and unmatched PRIVACY. Situated on a generous 50 x 100 ft lot, this spacious home offers approximately 2,000 sq ft of finished living space, thoughtfully UPDATED from top to bottom with quality upgrades and contemporary finishes. The bright and functional layout features a stylish kitchen, updated flooring, and well-appointed living spaces designed for today's lifestyle. Ideal for GROWING families, multi-generational living, or savvy investors, this home boasts 3 bedrooms on the main level plus 2 additional bedrooms below, creating flexible living arrangements and strong rental potential. Enjoy the rare benefit of NO REAR NEIGHBOURS, providing added privacy and peaceful outdoor living - perfect for entertaining or relaxing. The property also features a 1-car garage and an oversized asphalt driveway accommodating up to 7-8 vehicles, a standout feature for larger households or investment use with NO SIDEWALK. Located just minutes from Highway 401, this home offers excellent commuter access while being close to top-rated schools, parks, shopping, public transit, and healthcare facilities. Nearby green spaces such as POND MILLS PARK and surrounding trail systems enhance the lifestyle appeal of this already exceptional location. This is a TURN-KEY, move-in-ready opportunity that checks all the boxes - whether you're looking for your next home or a property that delivers LONG-TERM VALUE.

Property details

Garage

1 car Attached

Basement

Separate Entrance, Finished, Apartment

Parking

9 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$594,240Below Market
$557,100$631,380

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Summerside

London South, ON

Newer southeast neighbourhood with diverse housing, growing commercial options, and family appeal.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,948
Property tax$671
Insurance (est.)$129
Utilities (est.)$250
Total monthly$3,998

Land transfer tax

Ontario LTT

$8,855

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 22, 2026Listed
$619,000

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

$2,476

Rental yield

4.8%

Est. cash flow

-$1,522

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

$149,914

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

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AI estimate

$594,240

Below Market

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