3264 Meadowgate Boulevard
London South, N6M 0B7·MLS® X13423772·
Listing courtesy of Executive Real Estate Services LTD.·Updated 3 days ago
Listing price
$795,000
Est. $3,786/mo
Days on market
Listed Jun 10, 2026
Description
Why Rent When Your Tenant Can Help Pay Your Mortgage? This Beautifully Upgraded Detached Home In London's Highly Desirable Summerside Community Features A Brand-New Legal 2-Bedroom Basement Apartment, Offering A Rare Opportunity For First-Time Buyers, Growing Families, Multi-Generational Households, And Investors To Generate Rental Income From Day One. Offering 4+2 Bedrooms, 5 Bathrooms, And Over 3,100 Sq. Ft. Of Total Finished Living Space, This Move-In Ready Home Combines Comfort, Flexibility, And Long-Term Value. The Bright And Spacious Main Level Features 4 Generously Sized Bedrooms, 3 Bathrooms, Main Floor Laundry With New Washer & Dryer, New Engineered Hardwood Flooring, Fresh Paint Throughout, And A Modern Kitchen Complete With New Quartz Countertops, Stove, and Refrigerator. The Open-Concept Layout Is Perfect For Everyday Living And Entertaining. Completed In 2025, The Legal Basement Apartment Offers 2 Bedrooms, 2 Bathrooms, Separate Laundry, a Full Kitchen with New Appliances, and A Private Living Space. Currently Occupied By Excellent Tenants, It Provides Immediate Income and A Fantastic Mortgage Helper. With A Double-Car Garage, 4 Total Parking Spaces, And Extensive Recent Upgrades, this Low-Maintenance Property Is Truly Turnkey. Conveniently Located Just Minutes From Hwy 401, Public Transit, Meadowgate Park, Walking Trails, Sports Facilities, Shopping, And Highly Rated Schools, It Offers The Perfect Balance Of Lifestyle And Investment Potential. Whether You're Looking To Lower Your Monthly Housing Costs, Create Additional Space For Extended Family, Or Build Long-Term Wealth Through Real Estate, This Rare Dual-Income Property Delivers Exceptional Value In One Of London's Most Family-Friendly Communities. Book Your Private Showing Today!
Property details
Garage
2 car Attached
Basement
Apartment, Separate Entrance
Parking
4 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$12,375
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$569,900
86 Edmunds Crescent, London South
Sold$620,000
2374 Meadowgate Boulevard, London South
See all 10 comparables
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Market conditions · South U
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
$3,180
Rental yield
4.8%
Est. cash flow
-$1,884
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$189,886
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$795,000
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