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12 Orchard Street

London South, N6J 2R3·MLS® X13649520

Listing courtesy of Royal Lepage Triland Premier Brokerage·Updated 4 hours ago

For sale
1 / 32
3Beds
3Baths
1,500-2,000Sqft
Year Built

Listing price

$499,900

Est. $2,381/mo

Days on market

1

Listed Aug 7, 2026

Description

Conveniently located just steps from Old South, this Licensed two-unit property offers an excellent opportunity for investors or owner-occupiersalike. The spacious main floor unit features two bedrooms, updated flooring throughout, a large kitchen, a generous 4-piece bathroom, and abright living room with bay window. The dining room, which can also serve as a second bedroom, provides access to the large backyard anddeck-perfect for relaxing or entertaining. The upper-level apartment offers one bedroom, a 4-piece bathroom, and an open-concept living areaadjoining the kitchen. A separate entrance to the basement provides access to shared laundry facilities serving both units. Outside, enjoy adetached garage, ample parking, and a spacious yard rare for this sought-after neighbourhood. Located close to parks, schools, public transit, downtown, and all that Old South has to offer, this income property combines location, flexibility, and investment potential.

Property details

Garage

1 car Detached

Basement

Partial Basement, Separate Entrance, Unfinished

Parking

4 spaces

Type

Duplex — 1 1/2 Storey

Heating

Forced Air

Property tax

$3,286/yr (2025)

AI property estimate

$582,217~16.5% above asking

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

$506,529$657,905

58% confidence · 5 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Wortley Village

London South, ON

Artisan neighbourhood with boutique shops and cafes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,381
Property tax$542
Insurance (est.)$104
Utilities (est.)$250
Total monthly$3,276

Land transfer tax

Ontario LTT

$6,473

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

$499,900

Listed Aug 7, 2026

On the market
$499,900

Listed Aug 7, 2026

On the market

Sold comparables nearby

133 Wilson Avenue, London NorthSold

$620,000

133 Wilson Avenue, London North

3 bd·3 ba·1,500-2,000 sqft
Upper - 31 Langarth Street, London SouthSold

$1,495

Upper - 31 Langarth Street, London South

2 bd·1 ba·1,500-2,000 sqft

See all 6 sold comparables

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Market conditions · London South

Buyer's marketBalancedSeller's market

Avg. sold price

$506,083

Sale-to-list ratio

95.1%

Based on 6 recent comparable sales near this home.

Affordability

Minimum household income required

$122,867

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

Not sure about financing? Ask Colin

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AI estimate

$582,217

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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