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442 Scenic Drive

London South, N5Z 3A8·MLS® X13231824·

Listing courtesy of Royal Lepage Our Neighbourhood Realty·Updated Jun 3

For sale
1 / 22
3Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$589,000

Est. $2,805/mo

Days on market

11

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

$565,440Below Market
$530,100$600,780

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Pond Mills

London South, ON

South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,805
Property tax$638
Insurance (est.)$123
Utilities (est.)$250
Total monthly$3,816

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

Jun 3, 2026Listed
$589,000

Sold comparables nearby

20 Coventry Avenue, London EastSold

$445,000

20 Coventry Avenue, London East

3 bd·1 ba·700-1,100 sqft
706 Nelson Street, London EastSold

$304,000

706 Nelson Street, London East

2 bd·1 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South J

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

$2,356

Rental yield

4.8%

Est. cash flow

-$1,460

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

$143,113

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

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AI estimate

$565,440

Below Market

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