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20 Lochern Road

London South, N5Z 4L6·MLS® X13246754·

Listing courtesy of Sutton Group - Select Realty·Updated 2 days ago

3Beds
3Baths
1,100-1,500Sqft
31-50Year Built

Listing price

$584,900

Est. $2,786/mo

Days on market

5

Listed Jun 5, 2026

Description

This beautifully updated home offers incredible value in a highly sought-after, family-friendly neighborhood. Featuring 4 spacious bedrooms, a versatile den, and 3 full bathrooms, it's perfectly suited for growing or multi-generational families. The modern kitchen is equipped with stainless steel appliances, ample cabinetry, and an open layout that flows seamlessly into bright, inviting living and dining areas, ideal for everyday living and entertaining. Recent upgrades include new flooring, neutral contemporary décor, upgraded lighting, a new roof, an on-demand tankless water heater (2024), and newer A/C, providing comfort and peace of mind. The lower level offers an impressive family room complete with a modern fireplace, custom bar island with mini fridge, and a walkout to a fully fenced backyard featuring a hot tub and canopy-perfect for relaxing or hosting guests year-round. Exterior highlights include a concrete double driveway, paved sidewalks, and a finished patio enhancing curb appeal and functionality. Conveniently located close to schools, hospitals, amenities, and Highway 401, this move-in ready home combines comfort, upgrades, and location in one exceptional package.

Property details

Garage

1 car Attached

Basement

Finished, Walk-Out, Full, Separate Entrance

Parking

5 spaces

Type

Detached — Backsplit 4

Heating

Forced Air

AI property estimate

$573,787At Market
$538,693$608,881

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Summerside

London South, ON

Newer southeast neighbourhood with diverse housing, growing commercial options, and family appeal.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,786
Property tax$634
Insurance (est.)$122
Utilities (est.)$250
Total monthly$3,791

Land transfer tax

Ontario LTT

$8,173

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 5, 2026Listed
$584,900

Sold comparables nearby

833 Deveron Crescent, London SouthSold

$561,500

833 Deveron Crescent, London South

3 bd·3 ba·1,100-1,500 sqft
286 Burlington Crescent, London SouthSold

$545,000

286 Burlington Crescent, London South

3 bd·3 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · South T

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

$2,340

Rental yield

4.8%

Est. cash flow

-$1,451

Cap rate

3.3%

Best time to sell

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

Affordability

Minimum household income required

$142,176

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

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AI estimate

$573,787

At Market

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