Homes for Sale in London, Ontario
254 King Edward Avenue
London South, N5Z 3T7·MLS® X13572602·
Listing courtesy of The Agency Real Estate·Updated 2 hours ago
Listing price
$520,000
Est. $2,477/mo
Days on market
Listed Jul 16, 2026
Description
Welcome to 254 King Edward Ave! This 2-bedroom + den, 2-bathroom bungalow features an expansive living room anchored by a cozy gas fireplace, where large windows frame peaceful views and create an inviting atmosphere for both daily living and hosting. The spacious kitchen is designed for efficiency, equipped with a new fridge (2026), dishwasher, and electric stove, flowing naturally into the dining area. The main level hosts 2 spacious bedrooms + den, providing excellent flexibility for a home office, hobby room, or playroom and a full bathroom. With the addition of new central air (2026), modern comfort is assured. The attached garage is fully equipped for the modern homeowner, featuring a 220V EV charger outlet and ample driveway parking for three cars. The backyard serves as a private sanctuary. A mature, tree-lined lot provides a quiet retreat complete with a garden shed and a stunning screened-in, covered porch. This purposeful addition extends your living space, offering a private lounge to enjoy the outdoors, whether you are entertaining or spending time with family. The basement offers significant additional living and storage space, including a finished family room, a 2-piece bathroom, a workbench area, and a convenient walk-up entrance. Extra peace of mind is provided by the installed SumpJet system. Located just moments from Victory Hospital, local parks, scenic trails, shopping, schools, and the 401, this property is a fantastic opportunity for those who value both lifestyle and location!
Property details
Garage
1 car Attached
Basement
Partially Finished, Walk-Up
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
79% confidence · 27 sold homes within 2 km, by price per sq ft
Location & neighbourhood
London South, ON
South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,875
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$500,000
106 Stanhope Place, London South
Sold$532,000
30 Gerald Crescent, London South
See all 10 comparables
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Market conditions · South J
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
$2,080
Rental yield
4.8%
Est. cash flow
-$1,318
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$127,423
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$388,731
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