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For sale
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$1,100,000

Est. $5,153/mo mortgage

4bd·4ba·2,500-3,000sqft

3181 Gristmill Lane · London South, N6P 0C1

MLS® X13439650

105 days on market105 days on market

Listed Jun 12, 2026

Listing courtesy of Right At Home Realty·Updated Jul 3

Description

A true home corner lot in the heart of Talbot Village in southwest London look no further as this home contains spectacular finishes throughout all levels including custom built cabinetry with fabulous granite counters and an amazing Butlers pantry connected to it. Enjoy year round the open concept living area and family room on main floor with large windows allowing light to continually flow through the home! Upper level offers a Primary Suite with tray ceiling, walk-in closet, and spa-like Ensuite with dual sinks, tub, and glass walk-in shower. Three additional Bedrooms and a 3-piece Bathroom upstairs. Finished lower level adds additional living space with a large Rec Room, bar , custom built-ins, 5th Bedroom, 3-piece Bath. there are numerous sports fields, playgrounds, a YMCA and Boler Mountain near-by. Don't miss this chance to let your family enjoy all that Talbot Village has to offer. Prime location with easy access to the 402 located within walking distance too local shops, restaurants and amenities.

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Property details

Interior

Size
2500-3000 sqft
Rooms
9 rooms
Bathrooms
1 × 4-piece on Second, 1 × 3-piece on Second, 1 × 2-piece on Main, 1 × 3-piece on Basement
Basement
Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
6-15 years
Lot size
52.62 × 110.2 ft
Exterior
Brick, Shingle
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
None

Parking

Garage
2 car Attached
Driveway
Available (4 spaces)
Parking
6 spaces

Fees & taxes

Property tax
$8,739/yr (2026)

Rooms

Main

Bathroom, 2 Pc Bath
1.58 × 1.52 m
Kitchen
4.92 × 3.5 m
Great Room
5.33 × 4.92 m
Dining Room
2.97 × 4.08 m
Laundry
2.66 × 1.85 m
Foyer
5.3 × 1.58 m

Second

Bathroom, 3 Pc Bath
3.35 × 2.1 m
Bedroom
3.35 × 4.11 m
Bedroom
3.35 × 4.49 m
Bedroom
3.65 × 4.41 m
Bathroom, 4 Pc Bath
4.11 × 3.35 m
Primary Bedroom
4.48 × 4.39 m

Basement

Bathroom, 3 Pc Bath
2.04 × 3.01 m
Other
2.56 × 7.19 m
Recreation
4.23 × 5.2 m
Bedroom
3.78 × 4.1 m

AI property estimate

$1,001,680Estimate is ~8.9% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$901,512$1,101,848

74% confidence · 39 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Lambeth

London South, ON

Growing south-end community with new builds and green space.

Monthly paymentest. $6,295/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$5,153
Property tax$663
Insurance (est.)$229
Utilities (est.)$250
Total monthly$6,295
Land transfer tax$18,475 on closing

Ontario LTT

$18,475

First-time rebate

$4,000

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

Price & listing history

$1,100,000

Listed Jun 12, 2026

On the market

Sold comparables nearby

6327 Royal Magnolia Avenue, London SouthSold

6327 Royal Magnolia Avenue, London South

4 bd·4 ba·2,000-2,500 sqft
91 Leland Road, London SouthSold

91 Leland Road, London South

4 bd·4 ba·2,000-2,500 sqft

See what these 6 homes sold for

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Market conditionsBalanced market in Lambeth

Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 99.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$871,300

Sale-to-list ratio

99.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $265,000 household income

Minimum household income required

$265,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$3,400/mo median for 4 bed nearby

$3,400/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 15 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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