Homes for Sale in London, Ontario
557 Ferndale Court
London South, N6C 5C2·MLS® X13526332·
Listing courtesy of Century 21 First Canadian Corp·Updated yesterday
Listing price
$524,900
Est. $2,500/mo
Days on market
Listed Jul 6, 2026
Description
Welcome to 557 Ferndale Court, located on a quiet court in the desirable Cleardale neighbourhood of South London. This bright and inviting raised ranch offers 4 bedrooms and 2 full bathrooms, with 3 bedrooms on the main level and 1 bedroom on the lower level. The main floor features hardwood flooring, a functional layout, and plenty of natural sunlight throughout. The lower level includes a full bathroom and offers added flexibility for families, guests, a home office, or additional living space. A convenient rear entrance provides direct access from the backyard to the lower level, creating excellent potential for multi-generational living or future possibilities. Outside, enjoy a fully fenced backyard with a large permanent shed and a two-tier deck, including access from the primary bedroom to part of the deck. The home also features a concrete driveway and a durable metal roof for added peace of mind. Situated in a family-friendly location, this home is a great opportunity for first-time buyers, growing families, or investors. Within minutes walking distance to Cleardale Public School, and close to two major bus routes providing access to Fanshawe College and Western University, this location offers excellent everyday convenience. Also nearby are the new Bus Rapid Transit route, Victoria Hospital, White Oaks Mall, parks, shopping, and Highway 401, making this a well-connected South London home with plenty to offer.
Property details
Basement
Walk-Up, Finished, Full
Parking
3 spaces
Type
Detached — Bungalow-Raised
Heating
Forced Air
AI property estimate
81% confidence · 25 sold homes within 2 km, by price per sq ft
Location & neighbourhood
London South, ON
Large south London neighbourhood anchored by White Oaks Mall with diverse housing and strong transit.
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,973
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$522,000
136 Lacey Crescent, London South
Sold$490,000
96 Beechbank Crescent, London South
See all 10 comparables
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Market conditions · South Q
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
$128,535
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$411,923
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