48 Elmwood Avenue
London South, N6C 1J3·MLS® X13444726·
Listing courtesy of Re/max Four Seasons Realty Limited·Updated 5 hours ago
Listing price
$545,000
Est. $2,596/mo
Days on market
Listed Jun 15, 2026
Description
Nestled on a mature, tree-lined street in Wortley Village, this charming home offers easy access to cafés, restaurants, local shops, the library, parks, tennis courts, schools, and picturesque trails along the Thames River. Enjoy a vibrant lifestyle just moments from the Village Green, where festivals, farmers' markets, outdoor fitness programs, winter skating, and year-round neighbourhood events bring the community together. Inside, the home features 3 bedrooms, 1.5 bathrooms, and warm, character-filled living spaces. The standout feature is the exceptionally deep, private backyard-a rare outdoor retreat offering a level of seclusion that is increasingly hard to find. Situated in an established neighbourhood on an extraordinary lot, this property offers endless potential in one of London's most sought-after communities.
Property details
Garage
1 car Attached
Basement
Unfinished
Parking
3 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,375
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$585,000
350 Highview Crescent, London South
Sold$675,000
238 Ridout Street, London South
See all 10 comparables
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Market conditions · South F
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
$2,180
Rental yield
4.8%
Est. cash flow
-$1,370
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$133,129
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$545,000
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