49 CARFRAE Street
London South, N6C 1G1·MLS® X13209370·
Listing courtesy of Keller Williams Lifestyles·Updated 4 days ago
Listing price
$549,900
Est. $2,619/mo
Days on market
Listed May 28, 2026
Description
Experience the charm of Old South living. Perfectly positioned just steps from downtown and directly across from the Thames River and Thames Valley Parkway, this lovingly maintained home offers a lifestyle where scenic walks, cycling routes, local cafés, boutiques, and everyday conveniences are all within easy reach. Old South is celebrated for its mature tree-lined streets, historic architecture, strong sense of community, and the vibrant atmosphere of nearby Wortley Village - often regarded as the heart of the neighbourhood - with its unique shops, restaurants, parks, festivals, and year-round community events. Inside, classic character blends seamlessly with thoughtful updates, including hardwood flooring, natural wood trim, a formal living room with a fireplace, and an updated kitchen featuring granite countertops open to the dining area. The versatile layout includes a spacious primary bedroom, a main floor bedroom with a convenient 2-piece ensuite, an updated full bathroom on the second level, and a fully finished lower level with a second fireplace that expands the living space. Updated siding and second-floor windows add peace of mind, while the welcoming front verandah and private rear courtyard create ideal spaces for morning coffee, quiet evenings, or entertaining family and friends throughout the summer. A wonderful opportunity to enjoy the character, convenience, and community that make Old South such a special place to call home.
Property details
Garage
1 car Detached
Basement
Full, Partially Finished
Parking
4 spaces
Type
Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
Established neighbourhood with character homes and walkable local businesses south of downtown.
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$675,000
238 Ridout Street, London South
Sold$522,000
234 Edward Street, London South
See all 10 comparables
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Market conditions · South F
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
$2,200
Rental yield
4.8%
Est. cash flow
-$1,380
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$134,241
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$566,947
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