$599,900
Est. $2,810/mo mortgage
40 David Street · London South, N6P 1B3
MLS® X13677750
Listed Aug 14, 2026
Listing courtesy of Sutton Group - Select Realty·Updated Sep 15
Description
Welcome to 40 David Street, a spacious 3-bedroom bungalow on a large, mature lot in the heart of sought-after Lambeth. Offering approximately 1,550 sq. ft. on the main level, an attached garage and a finished lower level, this home delivers an impressive amount of living space in one of London's most desirable neighbourhoods.The bright and inviting main floor features a generous living room, formal dining area and an updated kitchen with granite countertops and plenty of cabinetry. Three large bedrooms and 1.5 bathrooms provide comfortable main-floor living, while the rear sunroom offers an additional living space complete with a gas fireplace and convenient access to the backyard.Downstairs, the finished lower level adds substantial living space with a large family/rec room, second gas fireplace, bar area and den. A sizeable unfinished workshop and storage area provides plenty of additional space for hobbies, projects or future possibilities.Outside, the large private lot offers room to entertain, garden or simply enjoy the mature surroundings, while the attached garage adds everyday convenience.Set on a quiet street in the heart of Lambeth, just minutes from parks, schools, shopping, restaurants and easy access to Highways 401 and 402. Whether you're a first-time buyer, growing family, downsizer or someone looking for a solid home to personalize over time, 40 David Street offers exceptional space, location and potential at $599,900.
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Property details
Interior
- Size
- 1500-2000 sqft
- Rooms
- 7 rooms
- Bathrooms
- 1 × 2-piece on Main, 1 × 4-piece on Main
- Basement
- Full, Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Lot size
- 60.9 × 135 ft
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Attached
- Driveway
- Private Double (4 spaces)
- Parking
- 5 spaces
Fees & taxes
- Property tax
- $3,923/yr (2025)
Rooms
Main
- Bedroom
- 3.21 × 3.98 m
- Bedroom
- 2 × 3.99 m
- Dining Room
- 3.26 × 3.06 m
- Primary Bedroom, Walk-In Closet(s)
- 3 × 4.26 m
- Family Room
- 3.86 × 4.1 m
- Living Room, Fireplace
- 3.68 × 6.52 m
- Kitchen
- 3.26 × 3.47 m
Lower
- Den
- 3.31 × 4.21 m
- Den
- 4.55 × 2.53 m
- Recreation
- 7.91 × 5.34 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
79% confidence · 40 sold homes within 2 km, by price per sq ft
Monthly paymentest. $3,547/mo all in
Monthly payment estimate
Land transfer tax$8,473 on closing
Ontario LTT
$8,473
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 Aug 14, 2026
Sold comparables nearby
Sold$749,900
6327 Royal Magnolia Avenue, London South
Sold$1,115,820
4079 Fallingbrook Road, London South
See what these 6 homes sold for
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Market conditionsBalanced market in Lambeth
Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 98.4% of asking.
Avg. sold price
$815,103
Sale-to-list ratio
98.4%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $147,000 household income
Minimum household income required
$147,000
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$2,800/mo median for 3 bed nearby
$2,800/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 17 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.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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