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145 Gladstone Avenue

London South, N5Z 3R7·MLS® X13212814·

Listing courtesy of Re/max Icon Realty·Updated May 29

For sale
1 / 32
3Beds
3Baths
700-1,100Sqft
51-99Year Built

Listing price

$579,900

Est. $2,762/mo

Days on market

16

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

$597,877Above Market
$563,083$632,671

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Pond Mills

London South, ON

South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,762
Property tax$628
Insurance (est.)$121
Utilities (est.)$250
Total monthly$3,761

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

May 29, 2026Listed
$579,900

Sold comparables nearby

706 Nelson Street, London EastSold

$304,000

706 Nelson Street, London East

2 bd·1 ba·1,100-1,500 sqft
111 Alexandra Street, London SouthSold

$535,000

111 Alexandra Street, London South

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South J

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

$2,320

Rental yield

4.8%

Est. cash flow

-$1,441

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

$141,043

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

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AI estimate

$597,877

Above Market

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