1233 Ernest Avenue
London South, N6E 2B2·MLS® X13224864·
Listing courtesy of Century 21 First Canadian Corp·Updated Jun 1
Listing price
$549,900
Est. $2,619/mo
Days on market
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
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
Expansive southeast neighbourhood with diverse housing, numerous schools, and Wellington Road access.
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
Market conditions · South X
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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