178 Thompson Road
London South, N5Z 2Y8·MLS® X13478536·
Listing courtesy of Blue Forest Realty INC.·Updated 3 hours ago
Listing price
$399,000
Est. $1,900/mo
Days on market
Listed Jun 23, 2026
Description
Client RemarksFully renovated from top to bottom, this charming 2-bedroom, 1.5-storey home offers stylish, move-in ready living in a convenient location. Featuring new flooring throughout, a brand new kitchen with quartz countertops, matching backsplash, and stainless steel appliances, plus an inviting living room with electric fireplace. Upstairs offers two bright bedrooms and a modern 4-piece bath, while the finished basement includes rough-ins for a future bathroom and laundry. Major updates include electrical (2025) and furnace & A/C (2022). Outside, enjoy the convenience of two separate driveways (front and rear) with parking for up to four vehicles.Ideally located close to Victoria Hospital and everyday amenities, this is a perfect opportunity for first-time buyers, downsizers, or investors.
Property details
Basement
Finished
Parking
4 spaces
Type
Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London South, ON
Established south-end neighbourhood with mature trees and a community-park-centred layout.
Monthly payment estimate
Land transfer tax
Ontario LTT
$4,460
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$400,000
99 Egerton Street, London East
Sold$609,000
306 Burlington Crescent, London South
See all 10 comparables
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Market conditions · South I
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
$1,596
Rental yield
4.8%
Est. cash flow
-$1,070
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$99,959
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$383,040
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