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15 Southland Drive

London South, N6P 1C2·MLS® X13188366·

Listing courtesy of Blue Forest Realty INC.·Updated May 28

For sale
1 / 18
3Beds
2Baths
1,100-1,500Sqft
51-99Year Built

Listing price

$749,900

Est. $3,572/mo

Days on market

18

Listed May 27, 2026

Description

Welcome to this beautifully maintained 4-bedroom, 2-bathroom bungalow in the desirable community of Lambeth. The main floor features an open-concept living room and kitchen, perfect for entertaining or relaxing with family. Three spacious bedrooms are located on the main level, with an additional bedroom and finished living space in the basement for added comfort and flexibility. Step outside to enjoy a fully landscaped yard with a stamped concrete patio and built-in BBQ an ideal setting for outdoor dining and gatherings. Situated on a quiet street, this home offers a peaceful retreat while still being just minutes from highway access, shopping, and restaurants.

Property details

Garage

1 car Attached

Basement

Finished

Parking

5 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$773,147Above Market
$728,153$818,141

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Lambeth

London South, ON

Growing south-end community with new builds and green space.

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,572
Property tax$812
Insurance (est.)$156
Utilities (est.)$250
Total monthly$4,790

Land transfer tax

Ontario LTT

$11,473

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 27, 2026Listed
$749,900

Sold comparables nearby

6734 Beattie Street, London SouthSold

$650,000

6734 Beattie Street, London South

3 bd·2 ba·700-1,100 sqft
4371 GREEN BEND Road, London SouthSold

$1,020,277

4371 GREEN BEND Road, London South

3 bd·3 ba·1,500-2,000 sqft

See all 10 comparables

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Market conditions · South V

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

$3,000

Rental yield

4.8%

Est. cash flow

-$1,790

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

$179,624

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

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AI estimate

$773,147

Above Market

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