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Homes for Sale in London, Ontario

4242 Colonel Talbot Road

London South, N6P 1A2·MLS® X13578234·

Listing courtesy of Sutton Group Preferred Realty INC.·Updated 4 hours ago

For sale
1 / 41
3Beds
2Baths
1,500-2,000Sqft
Year Built

Listing price

$599,000

Est. $2,853/mo

Days on market

1

Listed Jul 17, 2026

Description

Built in 1900, this yellow brick 1.5 -story is a must-see! Electrical, furnace, and air conditioning all updated. Kitchen and 2 baths also updated on a large lot that is fully fenced in the rear yard in beautiful Lambeth.

Property details

Basement

Unfinished

Parking

3 spaces

Type

Detached — 1 1/2 Storey

Heating

Forced Air

AI property estimate

$757,611Above Market
$659,432$927,729

74% confidence · 28 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)$2,853
Property tax$649
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,877

Land transfer tax

Ontario LTT

$8,455

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 17, 2026Listed
$599,000

Sold comparables nearby

6445 Royal Magnolia Avenue, London SouthSold

$665,000

6445 Royal Magnolia Avenue, London South

3 bd·3 ba·1,500-2,000 sqft
37 Dennis Avenue, London SouthSold

$650,000

37 Dennis Avenue, London South

3 bd·2 ba·1,100-1,500 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

$2,396

Rental yield

4.8%

Est. cash flow

-$1,481

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$145,380

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

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AI estimate

$757,611

Above Market

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