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$620,000

Est. $2,905/mo mortgage

3bd·2ba·1,500-2,000sqft

31 Applewood Lane · London South, N6J 3P9

MLS® X13635944

51 days on market51 days on market

Listed Aug 4, 2026

Listing courtesy of Zolo Realty·Updated 3 days ago

Description

Fantastic Opportunity in Berkshire Village! Enjoy comfort, space, and convenience in this beautifully situated 3-bedroom bungalow on a generous 60 x 120 ft lot. Surrounded by mature trees, this home offers a double-car garage, a spacious kitchen with direct garage access, and a separate dining room perfect for family gatherings. The expansive main floor layout includes a formal family room overlooking a private sundeck and backyard, plus an inviting living room. Located on a quiet street in a highly desirable family neighborhood, you're just steps from transit, nearby schools, grocery stores, and only minutes to Western University and major amenities.

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Property details

Interior

Interior
1500-2000 sqft
Rooms
9 rooms
Bathrooms
1 × 4-piece on Main, 1 × 2-piece on Main
Basement
Full, Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
60.15 × 120.31 ft
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2 car Attached
Driveway
Private Double (4 spaces)
Parking
6 spaces

Fees & taxes

Property tax
$4,870/yr (2026)

Rooms

Main

Dining Room, laminate, pot lights
3.2 × 3.28 m
Bedroom 3, Laminate
3.14 × 3.05 m
Family Room, fireplace, laminate, w/o to deck
6.7 × 3.38 m
Bedroom 2, Laminate
4.66 × 3.02 m
Primary Bedroom, laminate, closet, window
4.66 × 3.52 m
Kitchen, window, b/i dishwasher, w/o to garage
5.76 × 3.88 m
Living Room, bay window, laminate
4.92 × 3.63 m

Basement

Utility Room
9.04 × 5.41 m
Recreation
9.62 × 8.92 m

AI property estimate

$672,000Estimate is ~8.4% above asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$604,800$739,200

77% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Oakridge

London South, ON

Established neighbourhood with mature trees and great schools.

Monthly paymentest. $3,657/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,905
Property tax$374
Insurance (est.)$129
Utilities (est.)$250
Total monthly$3,657
Land transfer tax$8,875 on closing

Ontario LTT

$8,875

First-time rebate

$4,000

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

Price & listing history

Listed 2 times · asking price down 7% from the first ask · sold 6% below the final ask

$620,000 7%

Listed Aug 4, 2026

On the market
$669,900

Listed Apr 27, 2023 · 15 days on market

Sold

May 12, 2023

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

15 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

46 Garden Walk, London SouthSold

46 Garden Walk, London South

3 bd·4 ba·2,000-2,500 sqft
286 Highview Crescent, London SouthSold

286 Highview Crescent, London South

3 bd·3 ba·2,000-2,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London South

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.2% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$684,500

Sale-to-list ratio

97.2%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $152,000 household income

Minimum household income required

$152,000

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$2,675/mo median for 3 bed nearby

$2,675/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 24 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

519-859-4579 · colin@searchlondonhomes.com

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