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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

For sale
1 / 27
3Beds
1Baths
1,100-1,500Sqft
Year Built

Listing price

$514,900

Est. $2,452/mo

Days on market

1

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

$545,000Above Market
$404,857$640,000

77% confidence · 21 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Wortley Village

London South, ON

Artisan neighbourhood with boutique shops and cafes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,452
Property tax$558
Insurance (est.)$107
Utilities (est.)$250
Total monthly$3,367

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

Jul 10, 2026Listed
$514,900

Sold comparables nearby

39 Gerrard Street, London SouthSold

$640,000

39 Gerrard Street, London South

4 bd·2 ba·1,100-1,500 sqft
74 Victoria Street, London EastSold

$650,000

74 Victoria Street, London East

2 bd·2 ba·1,500-2,000 sqft

See all 10 comparables

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Market conditions · South E

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

$2,060

Rental yield

4.8%

Est. cash flow

-$1,307

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

$126,268

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

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AI estimate

$545,000

Above Market

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