145 Gladstone Avenue
London South, N5Z 3R7·MLS® X13212814·
Listing courtesy of Re/max Icon Realty·Updated May 29
Listing price
$579,900
Est. $2,762/mo
Days on market
Listed May 29, 2026
Description
Welcome to this beautifully renovated bungalow in the desirable Glen Cairn neighborhood! Situated on a quiet family-friendly street, this turn-key property has been fully renovated from top to bottom and offers exceptional flexibility for families, multi-generational living, or investors. The bright and modern main level features 3 spacious bedrooms, a stylish full bathroom, a sun-filled living area, brand new flooring throughout, and a stunning new kitchen complete with quartz counter-tops and contemporary finishes.The lower level features a fully finished independent separate basement unit with 2 bedrooms, a full kitchen, full bathroom, and 3 egress windows - offering excellent in-law suite or income potential. In addition, the basement also includes an extra washroom conveniently located near the shared laundry/common area for added functionality and convenience. Newly installed luxury vinyl plank flooring runs throughout the entire home. Major upgrades and improvements have already been completed, offering peace of mind for years to come, including updated water supply lines converted to PEX plumbing, an updated central vacuum system, and numerous modern updates throughout the home. Outside, enjoy a detached garage (20'7" x 14') equipped with an additional 100 AMP breaker sub-panel, ideal for workshop space or future possibilities. Conveniently located within walking distance to schools, parks, and public transit, and just minutes to Highway 401 and Victoria Hospital. A rare move-in ready opportunity with incredible versatility and value! Offered at $579,900. Recent improvements are in the Documents.
Property details
Garage
1 car Detached
Basement
Separate Entrance, Apartment, Full, Finished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.
Monthly payment estimate
Land transfer tax
Ontario LTT
$8,073
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$304,000
706 Nelson Street, London East
Sold$535,000
111 Alexandra Street, London South
See all 10 comparables
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Market conditions · South J
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
$2,320
Rental yield
4.8%
Est. cash flow
-$1,441
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$141,043
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$597,877
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