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1233 Ernest Avenue

London South, N6E 2B2·MLS® X13224864·

Listing courtesy of Century 21 First Canadian Corp·Updated Jun 1

For sale
1 / 35
3Beds
2Baths
1,500-2,000Sqft
Year Built

Listing price

$549,900

Est. $2,619/mo

Days on market

13

Listed Jun 1, 2026

Description

Excellent opportunity at 1233 Ernest Avenue in London's south end - a rare chance to secure a beautifully remodeled, move-in-ready property at an affordable price point in a mature, well-established neighborhood. This fully renovated property offers a clean, modern, and updated space suitable for families or investors. Recent upgrades include extensive remodeling throughout, updated windows and doors, a brand-new kitchen with quartz countertops, updated bathrooms with quartz countertops, high-quality flooring, fresh paint, a new furnace in 2026, and newer A/C in 2024, providing a fresh and comfortable interior. Situated on a 6,275 sq. ft. lot, the property also features a large, pool-sized backyard with private treed outdoor space, offering excellent potential for family enjoyment, gardening, entertaining, or future flexibility. Located near the White Oaks/Wellington Road commercial corridor, the property offers excellent convenience with quick access to White Oaks Mall, Wellington Road, Bradley Avenue, Exeter Road, Southdale Road, Highway 401, and Highway 402. The surrounding area offers a wide range of amenities, including restaurants, cafés, banks, grocery stores, shopping plazas, White Oaks Public School, the library, community center, parks, medical offices, hotels, public transit, and professional services. With its renovated condition, generous lot size, strong nearby amenities, and convenient location, this is a great opportunity for families looking for a move-in-ready home or investors seeking a well-located property in a high-demand area. Act quickly - it won't last long!

Property details

Basement

Half, Finished

Parking

3 spaces

Type

Other — 2-Storey

Heating

Forced Air

AI property estimate

$566,947Above Market
$533,953$599,941

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Westminster

London South, ON

Expansive southeast neighbourhood with diverse housing, numerous schools, and Wellington Road access.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,619
Property tax$596
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,580

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

Jun 1, 2026Listed
$549,900

Market conditions · South X

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

$2,200

Rental yield

4.8%

Est. cash flow

-$1,380

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$134,241

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

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AI estimate

$566,947

Above Market

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