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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

For sale
1 / 48
3Beds
2Baths
700-1,100Sqft
31-50Year Built

Listing price

$524,900

Est. $2,500/mo

Days on market

2

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

$411,923Below Market
$339,231$490,000

81% confidence · 25 sold homes within 2 km, by price per sq ft

Location & neighbourhood

White Oaks

London South, ON

Large south London neighbourhood anchored by White Oaks Mall with diverse housing and strong transit.

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

$6,973

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jul 6, 2026Listed
$524,900

Sold comparables nearby

136 Lacey Crescent, London SouthSold

$522,000

136 Lacey Crescent, London South

3 bd·2 ba·1,100-1,500 sqft
96 Beechbank Crescent, London SouthSold

$490,000

96 Beechbank Crescent, London South

3 bd·2 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · South Q

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

$128,535

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

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AI estimate

$411,923

Below Market

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