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
Listing price
$899,990
Est. $4,286/mo
Days on market
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
52% confidence · 6 sold homes within 2 km, by price per sq ft
Location & neighbourhood
London South, ON
Newer southeast neighbourhood with diverse housing, growing commercial options, and family appeal.
Monthly payment estimate
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
Sold comparables nearby
Sold$505,000
5051 Wellington Road, London South
Sold$1,175,000
2578 Jenedere Court, London
See all 10 comparables
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Market conditions · South ZZ
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
Affordability
Minimum household income required
$213,690
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$1,164,821
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