Skip to content

2 Surrey Crescent

London South, N6E 1T6·MLS® X13168162·

Listing courtesy of Blue Forest Realty INC.·Updated 4 days ago

For sale
1 / 39
3Beds
2Baths
1,100-1,500Sqft
Year Built

Listing price

$510,000

Est. $2,429/mo

Days on market

20

Listed May 25, 2026

Description

Welcome to 2 Surrey Crescent. Situated on a quiet crescent just minutes from major highways, schools and shopping, this well-maintained 4-level backsplit offers a versatile layout suitable for families, multi-generational living, or investment potential. The main and upper levels feature original hardwood floors, updated light fixtures, and a bright kitchen. With a total of 3+1 bedrooms and two bathrooms, the home provides functional living space across all four levels. A separate side entrance offers direct access to the lower levels, presenting an excellent opportunity to develop an in-law suite or an income-generating unit. The property features significant recent capital improvements, offering excellent value and peace of mind for the next owner. These updates include a brand-new roof(2025), new flooring installed in the lower level(2026), and newly installed windows throughout the entire home(2025). Outside, the property features a private, fully fenced backyard equipped with a built-in gazebo, ideal for outdoor dining and relaxing. This move-in-ready home combines major updates with an adaptable layout in a convenient, family-friendly neighbourhood.

Property details

Basement

Finished, Full

Parking

4 spaces

Type

Detached — Backsplit 4

Heating

Forced Air

AI property estimate

$484,500Below Market
$453,900$515,100

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)$2,429
Property tax$553
Insurance (est.)$106
Utilities (est.)$250
Total monthly$3,337

Land transfer tax

Ontario LTT

$6,675

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 25, 2026Listed
$510,000

Sold comparables nearby

81 Beechbank Crescent, London SouthSold

$420,000

81 Beechbank Crescent, London South

3 bd·2 ba·700-1,100 sqft
116 DOWNING Crescent, London SouthSold

$620,000

116 DOWNING Crescent, London South

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

Create a free account to unlock premium data.

Market conditions · South Y

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

$2,040

Rental yield

4.8%

Est. cash flow

-$1,297

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

$125,156

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

Similar Listings

Own a home in South Y?

Homes are selling in an average of 20 days.

Get your free valuation →

AI estimate

$484,500

Below Market

Connect with an agent

By submitting, you agree to receive communications from London Home Search and its affiliated agents. You can unsubscribe at any time.

Get notified about similar homes

New detached listings in South Y.