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1045 Karenana Road

London South, N6M 0K2·MLS® X13419912·

Listing courtesy of Royal Lepage Triland Realty·Updated 3 days ago

For sale
1 / 49
4Beds
5Baths
2,000-2,500Sqft
NewYear Built

Listing price

$849,000

Est. $4,044/mo

Days on market

5

Listed Jun 9, 2026

Description

To be constructed in the highly sought-after Victoria on the River community in South London, just minutes from Highway 401, this exceptional two-storey home offers a selection of thoughtfully designed floor plans and elevations, with anticipated possession available in approximately 6 to 12 months. Nestled among the scenic beauty of the Thames River corridor and the established charm of nearby Summerside, this vibrant community provides the perfect balance of natural surroundings and urban convenience. In this model home located at Summerside subdivision, a well-appointed main level features a stunning open-concept kitchen showcasing granite or quartz countertops, premium cabinetry, and elegant finishes, seamlessly flowing into the dining area and spacious family room highlighted by a modern electric fireplace. A convenient powder room, mudroom, and generously sized 1.5-car garage complete the main floor. The upper level offers four spacious bedrooms, including a luxurious primary retreat with a 5-piece ensuite, a secondary bedroom with its own private 4-piece ensuite, and a well-designed 3-piece bathroom serving the remaining bedrooms. Included standard upgrades feature oak stairs and railings, hardwood and tile flooring throughout the main level, hardwood flooring in the second-floor hallway, and a fully interlocked driveway. Optional basement configurations may include a separate bedroom suite with kitchen, laundry facilities, and an additional bathroom, providing excellent flexibility for multigenerational living or growing families. Conveniently located near top-rated schools, parks, walking trails, shopping centres, sports facilities, libraries, places of worship, and numerous everyday amenities. Assignment clause available.

Property details

Garage

1.5 car Built-In

Basement

Separate Entrance, Full, Finished

Parking

3.5 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$815,040Below Market
$764,100$865,980

82% confidence · 4 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)$4,044
Property tax$920
Insurance (est.)$177
Utilities (est.)$250
Total monthly$5,390

Land transfer tax

Ontario LTT

$13,455

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 9, 2026Listed
$849,000

Sold comparables nearby

86 Edmunds Crescent, London SouthSold

$569,900

86 Edmunds Crescent, London South

3 bd·3 ba·1,500-2,000 sqft
143 Gerald Crescent, London SouthSold

$590,000

143 Gerald Crescent, London South

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South U

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

$3,396

Rental yield

4.8%

Est. cash flow

-$1,994

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

$202,137

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

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AI estimate

$815,040

Below Market

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