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$600,000

Estimated value $570K–$630K

Est. $2,811/mo mortgage

3bd·2ba·1,500-2,000sqft

31 Gerrard Street · London, N6C 4C6

MLS® X13568560

92 days on market92 days on market

Listed Jul 15, 2026

Listing courtesy of Keller Williams Lifestyles·Listing last changed Sep 14

Key facts

Property type
Detached
Square footage
1500-2000 sqft
Lot size
40.1 × 100.05 ft · < .50 acres
Age
100+ years
Parking
5 spaces
Property tax
$4,442/yr (2025)

Description

Century brick home with a garage in Old South. 3-bedroom, 2-bathroom two story on a tree lined street in one of London, Ontario's most established neighbourhoods. Inside, natural light fills the living room, the dining room's bay window makes space for long dinners, and the kitchen comes equipped with the fridge, stove, and dishwasher included. Cabinets repainted in 2026. Upstairs are three bedrooms - including a generously sized primary & a 4 piece bath, alongside a den for morning coffee or the work from home desk. The finished lower level adds a rec room for movie nights, an exercise room, a second 4 piece bath, and laundry with the washer and dryer included. Forced air gas heat and central air keep this century home comfortable year round. Stepping outside you will enjoy a fully fenced yard and a detached garage. Schools are within walking distance: A neighbourhood voted one of Canadas best comes packed with parks and trails. Heading down to Wortley Village is a short stroll for coffee, patios, and local shops. Downtown London and the VIA Rail station are within walking distance with Victoria Hospital a few minutes away.

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Property details

Interior

Size
1500-2000 sqft
Rooms
9 rooms
Bathrooms
1 × 4-piece on Second, 1 × 4-piece on Lower
Basement
Full, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
100+ years
Lot size
40.1 × 100.05 ft · < .50 acres
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Detached
Driveway
Private (4 spaces)
Parking
5 spaces

Fees & taxes

Property tax
$4,442/yr (2025)

Rooms

Main

Living Room
4.4 × 4.28 m
Kitchen
4.19 × 3.22 m
Dining Room
4.59 × 4.06 m

Second

Primary Bedroom
6.23 × 3.75 m
Den
2.28 × 2.1 m
Bathroom, 4 Pc Bath
3.3 × 2.51 m
Bedroom 3
3.55 × 3.18 m
Bedroom 2
5.04 × 3.43 m

Lower

Laundry
5.43 × 3.97 m
Utility Room
3.97 × 2.52 m
Recreation
5.14 × 3.22 m
Exercise Room
3.22 × 2.91 m
Bathroom, 4 Pc Bath
2.46 × 1.49 m

Estimated value range

$570K–$630K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Old South →

London South, ON

Established neighbourhood with character homes and walkable local businesses south of downtown.

Schools nearbyclosest is London South Collegiate Institute, 240 m

Elementary

  • Tecumseh Public School

    300 m · Grades JK-8

    Thames Valley District School Board

    6.9
  • Wortley Road Public School

    760 m · Grades JK-8

    Thames Valley District School Board

    6.8
  • St Martin Separate School

    840 m · Grades JK-8

    London District Catholic School Board

    7.5

Secondary

  • London South Collegiate Institute

    240 m · Grades 9-12

    Thames Valley District School Board

    4.2
  • Catholic Central High School

    1.8 km · Grades 9-12

    London District Catholic School Board

    5.7
  • H B Beal Secondary School

    1.9 km · Grades 9-12

    Thames Valley District School Board

    5.3

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $3,556/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,811
Property tax$370
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,556
Land transfer tax$8,475 on closing

Ontario LTT

$8,475

First-time rebate

−$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$600,000

Listed Jul 15, 2026

On the market

Sold comparables nearby

47 Alexandra Street, London SouthSold

47 Alexandra Street, London South

3 bd·2 ba·1,100-1,500 sqft
46 Cliftonvale Avenue, London SouthSold

46 Cliftonvale Avenue, London South

3 bd·3 ba·1,100-1,500 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.8 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 94.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$685,517

Sale-to-list ratio

94.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $147,000 household income

Minimum household income required

$147,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin →
Rental market$2,250/mo median for 3 bed nearby

$2,250/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 53 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

No obligation. Pick a time that suits you.

226-212-5099 · colin@searchlondonhomes.com

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