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648 Cranbrook Road

London South, N6K 1W6·MLS® X13213056·

Listing courtesy of Streetcity Realty INC.·Updated 14 hours ago

For sale
1 / 27
4Beds
3Baths
2,500-3,000Sqft
Year Built

Listing price

$679,000

Est. $3,234/mo

Days on market

16

Listed May 29, 2026

Description

Welcome to this spacious 4-bedroom family home in the sought-after Westmount neighbourhood of London. Offering generous living space and endless potential, this property is perfect for buyers looking to add their personal touch and create their dream home.The functional layout features four generous-sized bedrooms, multiple living areas, 2.5 baths, main floor family room with wood burning fireplace and patio doors to the backyard oasis complete with an on-ground pool - perfect for summer entertaining and relaxing with family and friends. Huge unfinished basement with loads of development potential and rough-in for additional bathroom, 2 car garage with inside entry, new roof shingles April 2026, pool filter 2025, dishwasher 2025. Located in a mature, family-friendly community close to excellent schools, parks, shopping, and convenient amenities, this home presents a fantastic opportunity to invest in a desirable area. Bring your decorating ideas and unlock the full potential of this Westmount gem!

Property details

Garage

2 car Attached

Basement

Development Potential, Unfinished

Parking

4 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$651,840Below Market
$611,100$692,580

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Oakridge

London South, ON

Established neighbourhood with mature trees and great schools.

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,234
Property tax$736
Insurance (est.)$141
Utilities (est.)$250
Total monthly$4,360

Land transfer tax

Ontario LTT

$10,055

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
$679,000

Sold comparables nearby

48 Tamarack Crescent, London SouthSold

$855,000

48 Tamarack Crescent, London South

4 bd·4 ba·2,500-3,000 sqft
62 Fourwinds Road, London SouthSold

$825,000

62 Fourwinds Road, London South

4 bd·4 ba·2,500-3,000 sqft

See all 10 comparables

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Market conditions · South M

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

$2,716

Rental yield

4.8%

Est. cash flow

-$1,644

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

$163,518

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

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AI estimate

$651,840

Below Market

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