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5 Cove Road

London South, N6J 1H7·MLS® X13736028

Listing courtesy of Keller Williams Lifestyles·Updated 7 hours ago

Listing price

$499,000

Est. $2,377/mo

Days on market

1

Listed Sep 2, 2026

For sale
1 / 47
4bd·2ba·1,500-2,000sqft·100+ yearsold

Description

Welcome to The Coves, one of London's best-kept secrets, where nature, character and community come together. Surrounded by environmentally significant green space, peaceful ponds and winding walking trails, this unique neighbourhood offers a feeling of being tucked away from the city while keeping everything you need close at hand. It's a setting that makes it easy to forget you're still right in the city. With fall just around the corner, imagine relaxing on the front porch swing, included with the home, while enjoying the changing colours of the forest just across the way. Step off the porch and you are moments from beautiful walking paths where every season brings something new to enjoy. This charming 2.5 storey red brick home offers plenty of room for a growing or busy family, with generous bedrooms, parking for three vehicles and an easy-care yard. One of the home's unexpected bonuses is the fully finished attic, accessed by a full staircase and offering flexible additional living space. Create a cozy upper family room, a private parents' retreat, or even a spacious primary bedroom tucked away on its own level. The basement, with its separate entrance, kitchenette and 3-piece bath, provides a great space for a teenager or young adult wanting a little independence while still being close to home. Just a short walk away is Wortley Village, with its local shops, restaurants and welcoming community atmosphere. The Coves itself has a wonderful neighbourhood feel, including organized street gatherings that make it easy to get to know the people around you. If you have been looking for a home with character, space and a setting that feels a little different from anywhere else in the city, this one deserves another look. Come experience The Coves and see why people who discover this neighbourhood tend to fall in love with it.

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Property details

Type
Detached, 2 1/2 Storey
Age
100+ years
Lot size
35.59 × 70.83 ft · < .50 acres
Interior
1500-2000 sqft
Rooms
8 rooms
Bathrooms
1 × 4-piece on Second, 1 × 3-piece on Basement
Basement
Separate Entrance, Full, Finished
Heating
Forced Air
Cooling
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer
Driveway
Private (3 spaces)
Parking
3 spaces
Property tax
$3,437/yr (2025)

Rooms

Main

Dining Room
3.55 × 3.25 m
Kitchen
3.35 × 2.74 m
Living Room
3.68 × 3.25 m

Second

Bedroom 2
3.3 × 3.17 m
Bedroom 3
3.5 × 3.25 m
Primary Bedroom
4.26 × 3.27 m

Third

Bedroom 4
6.57 × 4.26 m

Basement

Laundry
3.04 × 1.82 m
Family Room
3.65 × 3.14 m
Play
3.65 × 3.04 m
Recreation
3.88 × 3.14 m

AI property estimate

$654,174~31.1% above asking

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

$588,757$719,591

78% confidence · 36 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 paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,377
Property tax$541
Insurance (est.)$104
Utilities (est.)$250
Total monthly$3,271
Land transfer taxOne-time, on closing

Ontario LTT

$6,455

First-time rebate

$4,000

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

Price & listing history

Listed 3 times · asking price down 10% from the first ask

$499,000 0%

Listed Sep 2, 2026

On the market
$499,900 10%

Listed Jun 25, 2026 · 67 days on market

Listing expired

Aug 31, 2026

$557,500

Listed Apr 21, 2026 · 64 days on market

Taken off the market

Jun 24, 2026

131 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

18 McAlpine Avenue, London SouthSold

$545,000

18 McAlpine Avenue, London South

3 bd·1 ba·1,100-1,500 sqft
3 Johnston Street, London SouthSold

$403,500

3 Johnston Street, London South

3 bd·1 ba·1,100-1,500 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsLondon South · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$482,500

Sale-to-list ratio

97%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$122,670

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

$654,174

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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