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497 Old Wonderland Road

London South, N6K 3T5·MLS® X13429950·

Listing courtesy of Thrive Realty Group INC.·Updated 2 days ago

For sale
1 / 48
4Beds
4Baths
2,000-2,500Sqft
31-50Year Built

Listing price

$750,000

Est. $3,572/mo

Days on market

3

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

$712,500Below Market
$667,500$757,500

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Oakridge

London South, ON

Established neighbourhood with mature trees and great schools.

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,572
Property tax$813
Insurance (est.)$156
Utilities (est.)$250
Total monthly$4,791

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

Jun 11, 2026Listed
$750,000

Sold comparables nearby

48 Tamarack Crescent, London SouthSold

$855,000

48 Tamarack Crescent, London South

4 bd·4 ba·2,500-3,000 sqft
239 Village Green Avenue, London SouthSold

$735,000

239 Village Green Avenue, London South

3 bd·3 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South N

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

$3,000

Rental yield

4.8%

Est. cash flow

-$1,791

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

$179,646

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

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AI estimate

$712,500

Below Market

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