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$456,000

Est. $2,136/mo mortgage

3bd·1ba·700-1,100sqft

55 Ada Street · London South, N5Z 2X3

MLS® X13536434

78 days on market78 days on market

Listed Jul 8, 2026

Listing courtesy of Re/max Centre City Realty INC.·Updated Jul 21

Description

Welcome to quiet 55 Ada St, near Chelsea Green Park!Located on a peaceful street, just a stone's throw from vibrant downtown London, this home is on a direct bus route to Masonville Mall and White Oaks Mall.Features include:Open-concept layout, new kitchen with quartz countertops, 5 new appliances, vinyl click flooring, updated bathroom, fresh paint, pot lights throughout, double parking, fenced backyard with deck, and beautiful views facing the green Thames.High school and middle school are within walking distance.

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Property details

Interior

Interior
700-1100 sqft
Rooms
3 rooms
Bathrooms
1 × 3-piece
Basement
Partial Basement
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow-Raised
Age
51-99 years
Lot size
31.25 × 120 ft
Exterior
Aluminum Siding, Concrete
Foundation
Brick
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Parking
2 spaces

Fees & taxes

Property tax
$2,598/yr (2025)

AI property estimate

$365,000Estimate is ~20.0% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$328,500$401,500

76% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Old East Village

London South, ON

Vibrant arts district with walkable streets and character homes.

Monthly paymentest. $2,756/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,136
Property tax$275
Insurance (est.)$95
Utilities (est.)$250
Total monthly$2,756
Land transfer tax$5,595 on closing

Ontario LTT

$5,595

First-time rebate

$4,000

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

Price & listing history

Listed 2 times · asking price up 1% from the first ask

$456,000 1%

Listed Jul 8, 2026

On the market
$449,900

Listed May 6, 2023 · 9 days on market

Sold

May 15, 2023

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

9 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

367 Maitland Street, London EastSold

367 Maitland Street, London East

3 bd·2 ba·2,000-2,500 sqft
119 ALEXANDRA Street, London SouthSold

119 ALEXANDRA Street, London South

2 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Highland

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 91.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$378,583

Sale-to-list ratio

91.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $113,000 household income

Minimum household income required

$113,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$2,200/mo median for 3 bed nearby

$2,200/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 52 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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