442 Scenic Drive
London South, N5Z 3A8·MLS® X13231824·
Listing courtesy of Royal Lepage Our Neighbourhood Realty·Updated Jun 3
Listing price
$589,000
Est. $2,805/mo
Days on market
Listed Jun 3, 2026
Description
An Excellent opportunity for families and inventors alike, 442 Scenic Drive is a beautiful well maintained brick bungalow situated on a spacious ravine lot in a family-friendly neighbourhood of London South. This versatile 3+2 bedroom, 2 bathroom home offers exceptional value for families, investors, or multi-generational living. The bright main floor features a spacious living room with fireplace, a functional kitchen with ample cabinetry, three generously sized bedrooms, a full 3-piece bathroom, and convenient main-floor laundry. Large windows throughout provide an abundance of natural light and scenic backyard views. The fully finished lower level offers excellent in-law suite or income potential with a separate entrance, tall ceilings, two additional bedrooms, a large recreation area, second kitchen, laundry, and another 3-piece bathroom. Step outside to enjoy the oversized private backyard backing onto a ravine - perfect for entertaining, relaxing, or enjoying nature with no rear neighbours. The large driveway provides ample parking and includes a detached garage. Conveniently located close to schools, parks, shopping, transit, and everyday amenities, this property is ideal for homeowners and investors alike. A rare opportunity to own a move-in-ready bungalow with income potential in a desirable London location.
Property details
Garage
1 car Detached
Basement
Finished, Separate Entrance
Parking
5 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London South, ON
South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.
Monthly payment estimate
Land transfer tax
Ontario LTT
$8,255
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$445,000
20 Coventry Avenue, London East
Sold$304,000
706 Nelson Street, London East
See all 10 comparables
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Market conditions · South J
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
$2,356
Rental yield
4.8%
Est. cash flow
-$1,460
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$143,113
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$565,440
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