Homes for Sale in London, Ontario
3 Johnston Street
London South, N6J 2R6·MLS® X13550572·
Listing courtesy of Sutton Group - Hodgson Realty INC.·Updated 4 hours ago
Listing price
$514,900
Est. $2,452/mo
Days on market
Listed Jul 10, 2026
Description
Located in one of London's most cherished neighbourhoods, The Coves offers a rare combination of natural beauty and urban convenience. Surrounded by mature trees and just steps from the scenic Coves trails, residents enjoy an exceptional lifestyle with nature, abundant wildlife and direct access to more than 40 km of the Thames Valley Parkway, perfect for walking, running and cycling. Just minutes from downtown, Wortley Village, Victoria Hospital and everyday amenities, it's easy to see why this neighbourhood is so highly sought after. Tucked away on a quiet street, this charming yellow brick home is an ideal first home, offering an impressive list of quality updates. The bright, modernized kitchen features abundant cabinetry and opens to inviting living spaces, including a spacious living room and a cozy secondary family room, providing flexibility for everyday living. Upstairs offers three generously sized bedrooms and a beautifully updated bathroom. Many of the home's most significant improvements have already been completed, including updated windows, exterior doors, furnace and heat pump and steel roof giving buyers added confidence and peace of mind for years to come. The private backyard is larger than expected, bordered by mature trees and offering plenty of space for children, pets, gardening or summer entertaining. Parking for two vehicles adds everyday convenience, completing this exceptional opportunity to own a thoughtfully updated home in one of London's most desirable neighbourhoods.
Property details
Basement
Partial Basement
Parking
2 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
77% confidence · 21 sold homes within 2 km, by price per sq ft
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,773
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$640,000
39 Gerrard Street, London South
Sold$650,000
74 Victoria Street, London East
See all 10 comparables
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Market conditions · South E
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
$2,060
Rental yield
4.8%
Est. cash flow
-$1,307
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$126,268
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$545,000
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