1259 Ernest Avenue
London South, N6E 2B2·MLS® X13512132·
Listing courtesy of Re/max Realty Services INC.·Updated 4 hours ago
Listing price
$499,900
Est. $2,381/mo
Days on market
Listed Jul 2, 2026
Description
Welcome to this spacious and well maintained 4 bedroom, 2 bathroom back-split in the heart of London, ideally located just minutes from White Oaks Mall, Costco, schools, parks, and all essential amenities. Perfect for growing families or professionals, this home offers a functional layout with generous living space and a large backyard ideal for entertaining, gardening, or relaxing. Enjoy peace of mind with numerous recent updates, including a new roof, new roof plywood, and new roof vents (2026), a 200-amp updated electrical panel, and central air conditioning installed in 2024. Move-in ready and situated in a sought-after neighbourhood, this is a fantastic opportunity to own a beautiful home in a prime location.
Property details
Basement
Finished
Parking
4 spaces
Type
Detached — Backsplit 3
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
Expansive southeast neighbourhood with diverse housing, numerous schools, and Wellington Road access.
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,473
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$549,500
789 Easy Street, London South
Sold$535,000
3 Greenfield Court, London South
See all 10 comparables
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Market conditions · South X
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
$2,000
Rental yield
4.8%
Est. cash flow
-$1,276
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$122,867
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$515,397
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