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For sale
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$699,000

Estimated value $664K–$734K

Est. $3,275/mo mortgage

2+1bd·4ba·1,500-2,000sqft

501 COMMISSIONERS Road · London South, N6C 2T9

MLS® X13685708

46 days on market46 days on market

Listed Aug 18, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated Sep 15

Description

Immaculate 3 level side split with a double garage, sitting on an extra large lot of 87 X 110 ft; Spacious home with 1942 sqft above grade, plus 600 sqft fully finished basment. Main level features a huge living room with fireplace and hardwood floor, family room with gas fireplace. Fully renovated kitchen has upgraded cabinet, quiz countertop and newer stainless appliance. Upper level has 2 bedrooms and 2 bathrooms, Masterbedroom has walk in closet and ensuite bath. a skylight in the large foyer and 2 fireplaces on the main level. Lower level has a bedroom, a full bath and a Rec room. Extra long driveway with a turn around holds up to 10 parking spaces. Walking distance to 2 elementary schools and 1secondary school. A lot of upgrades: Fully rennovated Kitchen cabinet, quiz countertop and newer stainless appliance (2017); renovated basement floor tiles, carpet and bathroom (2018), Concrete driveway (2023); Replaced 14 new windows (2024) (kitchen window, family room big window and arch window, basement windows), furnace (2024). Walking distance to stores, restaurants, transit, and Victoria Hospital.

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Property details

Interior

Size
1500-2000 sqft
Bedrooms
2 above grade, 1 lower level
Rooms
10 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Upper, 1 × 3-piece on Upper, 1 × 3-piece on Lower
Basement
Crawl Space
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Sidesplit 3
Age
51-99 years
Lot size
87 × 110.78 ft
Exterior
Aluminum Siding, Brick
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
2 car Attached
Driveway
Private Double, Inside Entry, Other (8 spaces)
Parking
10 spaces

Fees & taxes

Property tax
$5,181/yr (2026)

Rooms

Main

Dining Room
3.35 × 2.25 m
Family Room, Eat-in Kitchen
6.72 × 3.91 m
Bathroom, 2 Pc Bath
1 × 1.5 m
Kitchen, Fireplace
3.91 × 3.35 m
Living Room
6.68 × 7.94 m
Laundry
3.32 × 1.65 m

Upper

Bedroom 2
3.66 × 2.86 m
Bathroom, 3 Pc Ensuite
3 × 2.4 m
Bathroom, 4 Pc Bath
3.4 × 2.86 m
Primary Bedroom, 3 Pc Ensuite
5.56 × 3.85 m

Lower

Recreation
6.44 × 3.81 m
Bathroom, 3 Pc Bath
3.11 × 1.88 m
Bedroom 3
3.96 × 3.82 m

Estimated value range

$664K–$734K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Westminster →

London South, ON

Expansive southeast neighbourhood with diverse housing, numerous schools, and Wellington Road access.

Monthly paymentest. $4,092/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,275
Property tax$421
Insurance (est.)$146
Utilities (est.)$250
Total monthly$4,092
Land transfer tax$10,455 on closing

Ontario LTT

$10,455

First-time rebate

−$4,000

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

Price & listing history

$699,000

Listed Aug 18, 2026

On the market

Sold comparables nearby

20 Hines Crescent, London SouthSold

20 Hines Crescent, London South

2 bd·2 ba·700-1,100 sqft
250 Cathcart Street, London SouthSold

250 Cathcart Street, London South

3 bd·3 ba·1,100-1,500 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer's market in Westminster

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.9% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$492,833

Sale-to-list ratio

97.9%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $171,000 household income

Minimum household income required

$171,000

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$1,785/mo median for 2 bed nearby

$1,785/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 66 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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