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Homes for Sale in London, Ontario

4542 Avenue Road

London South, N6N 1E7·MLS® X13537498·

Listing courtesy of Corcoran Horizon Realty·Updated 3 hours ago

For sale
1 / 50
3Beds
2Baths
2,000-2,500Sqft
Year Built

Listing price

$899,990

Est. $4,286/mo

Days on market

1

Listed Jul 8, 2026

Description

Set on a picturesque 1.45-acre lot, this spacious bungalow offers a rare combination of space, privacy, and convenience-just minutes from Highways 401 and 402. With over 2,000 sq ft on the main floor plus a fully finished lower level, the home provides a versatile layout suited for a variety of lifestyles. The main level features generous principal rooms, a bright family room with skylights, and a well-appointed kitchen overlooking the expansive backyard. All bedrooms are well-sized, complemented by a convenient cheater ensuite. The main kitchen is equipped with brand new appliances (2026), enhancing both functionality and everyday living. Main floor laundry adds to the ease of day-to-day living. Step outside to enjoy your private outdoor setting featuring a saltwater inground pool with recent updates, including liner and pump (2024), surrounded by open space ideal for relaxing or entertaining. The fully finished lower level offers excellent flexibility with a separate walk-up entrance, kitchen, bedroom, bathroom, and living space-well suited for extended family or potential income. A separate laundry area in the basement provides added convenience and independence between levels. Additional updates include furnace (2022), A/C (2024), roof with skylights (2020), upgraded water filtration system (2026), new sump pump with battery backup (2026), and a 200-amp electrical panel. The property also features a heated double garage and ample driveway parking. A unique opportunity to enjoy country-style living on a generous lot while remaining close to major routes and everyday amenities.

Property details

Garage

2 car Attached

Basement

Partially Finished, Walk-Out

Parking

10 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$1,164,821Above Market
$1,048,588$1,282,102

52% confidence · 6 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Summerside

London South, ON

Newer southeast neighbourhood with diverse housing, growing commercial options, and family appeal.

Monthly payment estimate

Mortgage (5.24%, 25yr)$4,286
Property tax$975
Insurance (est.)$187
Utilities (est.)$250
Total monthly$5,698

Land transfer tax

Ontario LTT

$14,475

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 8, 2026Listed
$899,990

Sold comparables nearby

5051 Wellington Road, London SouthSold

$505,000

5051 Wellington Road, London South

2 bd·1 ba·700-1,100 sqft
2578 Jenedere Court, LondonSold

$1,175,000

2578 Jenedere Court, London

3 bd·4 ba·3,000-3,500 sqft

See all 10 comparables

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Market conditions · South ZZ

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

$3,600

Rental yield

4.8%

Est. cash flow

-$2,098

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

$213,690

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

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AI estimate

$1,164,821

Above Market

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