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3181 Gristmill Lane

London South, N6P 0C1·MLS® X13439650·

Listing courtesy of Streetcity Realty INC.·Updated 12 hours ago

For sale
1 / 50
4Beds
4Baths
2,500-3,000Sqft
6-15Year Built

Listing price

$1,100,000

Est. $5,239/mo

Days on market

2

Listed Jun 12, 2026

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.

Property details

Garage

2 car Attached

Basement

Finished

Parking

6 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$1,045,000Below Market
$979,000$1,111,000

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Lambeth

London South, ON

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

Monthly payment estimate

Mortgage (5.24%, 25yr)$5,239
Property tax$1,192
Insurance (est.)$229
Utilities (est.)$250
Total monthly$6,910

Land transfer tax

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

Jun 12, 2026Listed
$1,100,000

Sold comparables nearby

3376 Mersea Street, London SouthSold

$1,080,000

3376 Mersea Street, London South

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

$865,000

737 Village Green Avenue, London South

5 bd·4 ba·2,000-2,500 sqft

See all 10 comparables

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Market conditions · South V

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

$4,400

Rental yield

4.8%

Est. cash flow

-$2,510

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

$259,113

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

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AI estimate

$1,045,000

Below Market

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