497 Old Wonderland Road
London South, N6K 3T5·MLS® X13429950·
Listing courtesy of Thrive Realty Group INC.·Updated 2 days ago
Listing price
$750,000
Est. $3,572/mo
Days on market
Listed Jun 11, 2026
Description
Offered for the first time in over 34 years, this cherished 2-storey family home is ready to welcome its next chapter. Lovingly maintained and thoughtfully nurtured through decades of family memories, this is a rare opportunity to own a home on one of the area's hidden gem streets. From the moment you arrive, you'll be impressed by the attractive curb appeal featuring a concrete driveway, double car garage with newer garage doors, and inviting front porch. Inside, the traditional floor plan offers spacious formal living and dining rooms, convenient main floor laundry, and a beautifully renovated kitchen that opens to a warm and cozy family room - the true heart of the home. Upstairs, you'll find 4 generous-sized bedrooms ready to be refreshed and personalized to suit your family's style and needs. The walk-out lower level provides incredible flexibility with ample storage and an oversized office, bedroom, or hobby room. Ideally located just minutes to several Desirable Schools, to the downtown core, convenient mega shopping, and easy access to Hwy 401 & 402, this is a home where lasting memories have been made and where new ones are waiting to begin. Notables: Shingles (2020), Porch & Driveway redone in Concrete (2021), Most all Windows Replaced, Furnace (2010) & AC (2025). See Floor plan for Room Dimensions
Property details
Garage
2 car Attached
Basement
Finished with Walk-Out
Parking
4 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$11,475
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$855,000
48 Tamarack Crescent, London South
Sold$735,000
239 Village Green Avenue, London South
See all 10 comparables
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Market conditions · South N
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
$3,000
Rental yield
4.8%
Est. cash flow
-$1,791
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$179,646
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$712,500
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