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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

For sale
1 / 50
2Beds
2Baths
700-1,100Sqft
51-99Year Built

Listing price

$520,000

Est. $2,477/mo

Days on market

1

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

$388,731Below Market
$333,692$424,565

79% confidence · 27 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Pond Mills

London South, ON

South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,477
Property tax$563
Insurance (est.)$108
Utilities (est.)$250
Total monthly$3,398

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

Jul 16, 2026Listed
$520,000

Sold comparables nearby

106 Stanhope Place, London SouthSold

$500,000

106 Stanhope Place, London South

3 bd·2 ba·1,500-2,000 sqft
30 Gerald Crescent, London SouthSold

$532,000

30 Gerald Crescent, London South

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South J

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

$2,080

Rental yield

4.8%

Est. cash flow

-$1,318

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

$127,423

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

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AI estimate

$388,731

Below Market

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