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15 Cove Road

London South, N6J 1H7·MLS® X13431544·

Listing courtesy of Royal Lepage Triland Realty·Updated yesterday

For sale
1 / 18
3Beds
1Baths
700-1,100Sqft
Year Built

Listing price

$350,000

Est. $1,667/mo

Days on market

3

Listed Jun 11, 2026

Description

Fantastic opportunity for renovators or flippers! Situated on a charming street in a fabulous area adjacent to Wortley Village, this 3 bdrm bungalow features 9 foot ceilings, good sized rooms, private driveway and back yard situated on a tree-lined street only steps to public transit, Wortley Village, restaurants, shops, elementary school & walking trails. Endless possibilities to customize as needed, this home has great bones but requires some sprucing up. Build some sweat equity and you will have a great starter or retirement home in a top notch location! Updated furnace and electrical panel. Property being sold in "As Is Condition"; no warranties expressed or implied. This 3 bedroom bungalow is the perfect little fixer-upper for home-owners who are looking for a property that is ready for some customization & creative flair.

Property details

Basement

Unfinished

Parking

2 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$332,500Below Market
$311,500$353,500

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Wortley Village

London South, ON

Artisan neighbourhood with boutique shops and cafes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,667
Property tax$379
Insurance (est.)$73
Utilities (est.)$250
Total monthly$2,369

Land transfer tax

Ontario LTT

$3,725

First-time rebate

$3,725

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 11, 2026Listed
$350,000

Sold comparables nearby

238 Ridout Street, London SouthSold

$675,000

238 Ridout Street, London South

4 bd·2 ba·2,000-2,500 sqft
350 Highview Crescent, London SouthSold

$585,000

350 Highview Crescent, London South

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South D

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

$1,400

Rental yield

4.8%

Est. cash flow

-$969

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

$88,842

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

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AI estimate

$332,500

Below Market

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