212 King Edward Avenue
London South, N5Z 3T7·MLS® X13512228·
Listing courtesy of Century 21 First Canadian Corp·Updated 3 hours ago
Listing price
$525,000
Est. $2,500/mo
Days on market
Listed Jul 2, 2026
Description
Potential in-law suite or income-generating opportunity with separate entrance! This exceptionally well-maintained 3-bedroom, 2-bath home offers incredible flexibility for families, investors, or multi-generational living, all while showcasing true pride of ownership throughout.The bright and welcoming main floor features an open-concept layout designed for both everyday living and entertaining. A spacious front living room is filled with natural light from a large picture window, while the dining area overlooks the backyard, creating a seamless connection to the outdoor space. The functional kitchen is ideally positioned with views of both the front and rear yards.The lower level offers outstanding versatility with separate backyard access, a partial kitchen, and a large recreation room anchored by a cozy gas fireplace. A dedicated workshop provides additional flexibility and could easily be converted into a fourth bedroom, home office, or hobby space, further enhancing the home's income or in-law suite potential.Outside, you'll find a private backyard retreat featuring a large concrete patio, covered sitting area, mature grapevines, red and black currant bushes, raspberries, and established asparagus beds-perfect for gardeners, entertainers, and those who appreciate outdoor living.With parking for four vehicles and a convenient location close to shopping, parks, and everyday amenities, this home is ideally situated just steps from CC Carrothers Public School and St. Sebastian Catholic School.A rare opportunity to own a lovingly cared-for home that combines comfort, flexibility, and future potential in one exceptional package.
Property details
Basement
Full, Partially Finished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London South, ON
South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,975
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$330,000
1033 Trafalgar Street, London East
Sold$457,500
287 Panorama Crescent, London South
See all 10 comparables
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Market conditions · South J
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
$2,100
Rental yield
4.8%
Est. cash flow
-$1,328
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$128,557
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$525,000
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