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861 DEARNESS Drive

London South, N6E 1Y4·MLS® X13254082·

Listing courtesy of Housesigma INC.·Updated 3 days ago

3Beds
2Baths
700-1,100Sqft
31-50Year Built

Listing price

$449,900

Est. $2,143/mo

Days on market

5

Listed Jun 5, 2026

Description

No Condo Fees! Fully Updated & Move-In Ready! This 2-storey semi-detached home offers 3 bedrooms, 1.5 bathrooms, a finished basement, and a large fenced backyard. Fully renovated from top to bottom, with recent updates including roof, flooring, windows, appliances, fence, and A/C. Bright living room with oversized windows and California shutters. Updated kitchen with quartz countertops, stainless steel appliances, and ample cupboard and counter space. Finished basement provides flexible space for a family room, gym, or play area. Upstairs features 3 bedrooms and a 4-piece bathroom with a granite vanity. Spacious backyard with newer fence and a finished outdoor room, perfect for entertaining. Prime location just steps to White Oaks Mall, close to shopping, restaurants, parks, schools, and quick highway access. A beautifully updated home in an ideal neighbourhood to raise your family!

Property details

Basement

Finished, Full

Parking

2 spaces

Type

Semi-Detached — 2-Storey

Heating

Forced Air

AI property estimate

$463,847Above Market
$436,853$490,841

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Westminster

London South, ON

Expansive southeast neighbourhood with diverse housing, numerous schools, and Wellington Road access.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,143
Property tax$487
Insurance (est.)$94
Utilities (est.)$250
Total monthly$2,974

Land transfer tax

Ontario LTT

$5,473

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 5, 2026Listed
$449,900

Sold comparables nearby

478 Alston Road, London SouthSold

$510,000

478 Alston Road, London South

3 bd·3 ba·1,100-1,500 sqft
34 ROSAMOND Crescent, London SouthSold

$457,500

34 ROSAMOND Crescent, London South

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South Y

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

$1,800

Rental yield

4.8%

Est. cash flow

-$1,174

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

$111,531

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

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AI estimate

$463,847

Above Market

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