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38 Alayne Crescent

London South, N6E 2A3·MLS® X13461542·

Listing courtesy of Sutton Group Preferred Realty INC.·Updated 18 hours ago

For sale
1 / 34
3Beds
2Baths
1,500-2,000Sqft
Year Built

Listing price

$589,900

Est. $2,810/mo

Days on market

2

Listed Jun 18, 2026

Description

Welcome to 38 Alayne Crescent, a move in ready 3 bedroom, 2 bathroom side split nestled on a quiet, family friendly crescent in the heart of South London. This well maintained home offers a functional layout with plenty of space to live and grow. Step inside to a bright and spacious living room, perfect for relaxing or entertaining. The updated kitchen features modern finishes and flows seamlessly into the dining area. Just a few steps down, you'll find a versatile rec room complete with French doors that open onto the backyard deck, ideal for summer gatherings or a quiet evening outdoors. The home also offers a convenient side entrance into a single car garage, and sits on a generous 50 x 100 ft lot with plenty of outdoor space for kids, pets, or gardening. Major updates include a new roof and driveway (2025), adding even more value and peace of mind. Located just steps from White Oaks Mall, White Oaks Park, schools, transit, and with easy access to Highway 401, this home combines comfort, convenience, and an unbeatable location. A fantastic opportunity for families, first-time buyers, or investors, just move in and enjoy!

Property details

Garage

1 car Attached

Basement

Partially Finished

Parking

3 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$608,187Above Market
$572,793$643,581

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Westminster

London South, ON

Expansive southeast neighbourhood with diverse housing, numerous schools, and Wellington Road access.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,810
Property tax$639
Insurance (est.)$123
Utilities (est.)$250
Total monthly$3,822

Land transfer tax

Ontario LTT

$8,273

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 18, 2026Listed
$589,900

Sold comparables nearby

3 Greenfield Court, London SouthSold

$535,000

3 Greenfield Court, London South

2 bd·2 ba·700-1,100 sqft
17 Finch Crescent, London SouthSold

$545,000

17 Finch Crescent, London South

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South X

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

$2,360

Rental yield

4.8%

Est. cash flow

-$1,462

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

$143,310

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

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AI estimate

$608,187

Above Market

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