407 Vermont Avenue
London South, N5Z 3E4·MLS® X13431248·
Listing courtesy of Century 21 First Canadian Corp·Updated yesterday
Listing price
$574,900
Est. $2,738/mo
Days on market
Listed Jun 11, 2026
Description
Welcome to this beautifully maintained all-brick home in the desirable Glen Cairn neighbourhood, tucked away on a quiet residential street and situated on a beautifully landscaped lot. A long private driveway leading to a detached garage provides ample parking for multiple vehicles. Inside, you'll find a bright and inviting open-concept living and dining area, complemented by a spacious kitchen that's perfect for everyday living and entertaining. Hardwood flooring throughout the main living areas adds warmth and timeless appeal. The finished lower level features a generous family room, a convenient 2-piece bathroom, and separate entrance. Value adds include upgraded electrical wiring & 200 Amp service (2023), on-demand water heater and furnace (2025). Ideally located close to schools, parks, shopping and Vic. hospital. This move-in-ready home is a fantastic opportunity for families, first-time buyers, and investors alike.
Property details
Garage
1 car Detached
Basement
Finished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,973
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$304,000
706 Nelson Street, London East
Sold$535,000
111 Alexandra Street, London South
See all 10 comparables
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Market conditions · South J
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
$2,300
Rental yield
4.8%
Est. cash flow
-$1,431
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$139,909
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$563,977
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