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Homes for Sale in London, Ontario

15 Southland Drive

London South, N6P 1C2·MLS® X13560432·

Listing courtesy of Blue Forest Realty INC.·Updated 2 hours ago

For sale
1 / 42
3Beds
2Baths
1,100-1,500Sqft
51-99Year Built

Listing price

$739,900

Est. $3,524/mo

Days on market

1

Listed Jul 14, 2026

Description

Welcome to this beautifully maintained 4-bedroom, 2-bathroom bungalow in the desirable community of Lambeth. The main floor features an open-concept living room and kitchen, perfect for entertaining or relaxing with family. Three spacious bedrooms are located on the main level, with an additional bedroom and finished living space in the basement for added comfort and flexibility. Step outside to enjoy a fully landscaped yard with a stamped concrete patio and built-in BBQ an ideal setting for outdoor dining and gatherings. Situated on a quiet street, this home offers a peaceful retreat while still being just minutes from highway access, shopping, and restaurants.

Property details

Garage

1 car Attached

Basement

Finished

Parking

5 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$557,527Below Market
$486,401$756,182

75% confidence · 26 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Lambeth

London South, ON

Growing south-end community with new builds and green space.

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,524
Property tax$802
Insurance (est.)$154
Utilities (est.)$250
Total monthly$4,730

Land transfer tax

Ontario LTT

$11,273

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 14, 2026Listed
$739,900

Sold comparables nearby

37 Dennis Avenue, London SouthSold

$650,000

37 Dennis Avenue, London South

3 bd·2 ba·1,100-1,500 sqft
2051 Westpoint Heights, London SouthSold

$952,900

2051 Westpoint Heights, London South

4 bd·4 ba·3,000-3,500 sqft

See all 10 comparables

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Market conditions · South V

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

$2,960

Rental yield

4.8%

Est. cash flow

-$1,770

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

$177,357

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

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AI estimate

$557,527

Below Market

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