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574 Cranbrook Road

London South, N6K 1W5·MLS® X13229808·

Listing courtesy of Sutton Group - Select Realty·Updated Jun 2

For sale
1 / 47
3Beds
3Baths
1,500-2,000Sqft
51-99Year Built

Listing price

$684,999

Est. $3,262/mo

Days on market

12

Listed Jun 2, 2026

Description

Backyards like this don't come along often - especially with a fully lit basketball court and space to unwind. This detached 2-storey with garage offers strong curb appeal and an inviting front porch, leading into a home designed for easy living and effortless entertaining. The spacious main level features hardwood flooring and a layout that feels both open and comfortable for everyday life. The kitchen offers direct sightlines to the backyard - perfect for keeping an eye on things - while the large dining area is ready for family dinners and weekend get-togethers. The back family room is a cozy retreat with a wood burning fireplace and direct access to the composite deck, creating an easy connection to the backyard complete with gas line fire pit and room to enjoy every season. Upstairs you'll find three well-sized bedrooms and a large 4-pc bath. The basement adds even more flexibility with a spacious family room, gas fireplace, a 3-pc bath, and plenty of storage. One added convenience for the kids after walking home from school is the side door access through the garage. Continue using as a mudroom or lift the floating floor for more use as a garage. Major updates have already been taken care of with newer shingles, most windows, and HVAC (with Heat Pump) giving you peace of mind for years to come. It's the kind of backyard you'll appreciate even more once you see it in person.

Property details

Garage

1 car Attached

Basement

Full, Half

Parking

3 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$699,254Above Market
$658,154$740,354

82% confidence · 11 comparable sales analysed

Location & neighbourhood

Oakridge

London South, ON

Established neighbourhood with mature trees and great schools.

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,262
Property tax$742
Insurance (est.)$143
Utilities (est.)$250
Total monthly$4,398

Land transfer tax

Ontario LTT

$10,175

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 2, 2026Listed
$684,999

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

$2,740

Rental yield

4.8%

Est. cash flow

-$1,658

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

$164,908

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

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AI estimate

$699,254

Above Market

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