59 Thorncrest Crescent #LOWER
London South, N6J 1K4·MLS® X13411358·
Listing courtesy of Gold Empire Realty INC.·Updated 10 hours ago
Listing price
$1,895
Est. $9/mo
Days on market
Listed Jun 6, 2026
Description
AVAILABLE IMMEDIATELY! Welcome to this spacious 2-bedroom basement apartment located in the family-friendly Southcrest neighbourhood of South London. This unit features two generously sized bedrooms, a full kitchen, a large living area, one full bathroom, and separate in-suite laundry. One driveway parking space is included for your convenience. Situated close to parks, trails, shopping, schools, and other everyday amenities, this location offers both comfort and convenience. Appliances will be installed prior to occupancy. Tenant is responsible for 40% of utilities
Property details
Basement
Full, Finished
Parking
1 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 11 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$9
First-time rebate
−$9
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$540,000
29 The Ridgeway, London South
Sold$843,000
519 Rosecliffe Terrace, London South
See all 10 comparables
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Market conditions · South D
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
$8
Rental yield
5.1%
Est. cash flow
-$253
Cap rate
3.8%
Best time to sell
Affordability
Minimum household income required
$9,790
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$1,924
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