226 Grand Avenue
London South, N6C 1M7·MLS® X13525034·
Listing courtesy of Maverick Real Estate INC.·Updated 5 hours ago
Listing price
$389,900
Est. $1,857/mo
Days on market
Listed Jul 6, 2026
Description
Nestled on a quiet dead end street with no rear neighbours, this charming one floor home offers the perfect balance of convenience and peaceful living. With over 1,000 sq ft of thoughtfully designed space, this 2 bedroom home is an ideal fit for first time buyers, empty nesters, investors, or anyone looking for a low maintenance alternative to condo living without sacrificing privacy or outdoor space. The welcoming enclosed front porch leads into a cozy living room centred around a wood burning fireplace, flowing into a dedicated dining area and an open concept kitchen with generous counter space, breakfast bar, and plenty of room to add an island. The spacious primary bedroom features a large closet with built in dressing and storage space, while the full bathroom offers a double vanity, tub, and shower. Main floor laundry adds everyday convenience, and patio door leads to a recently built sun deck (2025) overlooking a beautiful tree lined fenced backyard. With gated access directly to the Thames Valley Parkway, Watson Street Park, and the Thames River, you'll enjoy nature right outside your door while remaining just minutes from downtown, easy access to Highway 401, and only moments from the shops, restaurants, and charm of Old South. This is a rare opportunity to enjoy an efficient lifestyle in a truly special setting.
Property details
Basement
Full, Unfinished, Separate Entrance
Parking
2 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$4,324
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$545,000
142 Harley Street, London East
Sold$419,900
94 Josephine Street, London South
See all 10 comparables
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Market conditions · South H
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
$1,560
Rental yield
4.8%
Est. cash flow
-$1,050
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$97,889
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$401,987
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