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212 King Edward Avenue

London South, N5Z 3T7·MLS® X13512228·

Listing courtesy of Century 21 First Canadian Corp·Updated 3 hours ago

For sale
1 / 45
3Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$525,000

Est. $2,500/mo

Days on market

1

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

$525,000At Market
$493,500$556,500

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Pond Mills

London South, ON

South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,500
Property tax$569
Insurance (est.)$109
Utilities (est.)$250
Total monthly$3,428

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

Jul 2, 2026Listed
$525,000

Sold comparables nearby

1033 Trafalgar Street, London EastSold

$330,000

1033 Trafalgar Street, London East

3 bd·1 ba·1,100-1,500 sqft
287 Panorama Crescent, London SouthSold

$457,500

287 Panorama Crescent, London South

2 bd·2 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · South J

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

$2,100

Rental yield

4.8%

Est. cash flow

-$1,328

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

$128,557

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

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AI estimate

$525,000

At Market

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