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For sale
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$499,900

Estimated value $475K to $525K

Est. $2,342/mo mortgage

3bd·1ba·700-1,100sqft

62 Thorncrest Crescent · London, N6J 1K3

MLS® X13757120

48 days on market48 days on market

Listed Sep 8, 2026

Listing courtesy of Century 21 First Canadian Corp·Listing last changed 35 min ago

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
51 × 125 ft
Parking
3 spaces
Property tax
$3,252/yr (2025)

Description

Welcome to 62 Thorncrest Crescent, nestled in the lovely and established Southcrest neighbourhood. This well-maintained 3-bedroom, 1-bathroom bungalow offers a bright and inviting atmosphere with a functional layout and generously sized rooms throughout.The spacious living room features a large window that fills the space with natural light, creating a warm and airy feel. The kitchen provides direct access through the back door to a beautifully landscaped backyard, offering a peaceful space to relax, entertain, or simply enjoy the outdoors.The basement provides ample storage and plenty of additional space with great potential to expand and customize to suit your needs.Conveniently located close to schools, parks, shopping, public transit, and everyday amenities.

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Property details

Interior

Size
700-1,100 sqft
Rooms
5 rooms
Bathrooms
1 × 4-piece
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
51 × 125 ft
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Parking
3 spaces

Fees & taxes

Property tax
$3,252/yr (2025)

Estimated value range

$475K to $525K

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

Southcrest

London South, ON

Schools nearbyclosest is École élémentaire catholique Frère André, 350 m

Elementary

  • École élémentaire catholique Frère André

    350 m · Grades JK-6

    Conseil scolaire de district des écolesCatholique

    8.9
  • Kensal Park Public School

    470 m · Grades JK-8

    Thames Valley District School Board

    7.1
  • Woodland Heights Public School

    820 m · Grades JK-8

    Thames Valley District School Board

    4.4

Secondary

  • Westminster Secondary School

    800 m · Grades 9-12

    Thames Valley District School Board

    2.7
  • Saunders Secondary School

    2.5 km · Grades 9-12

    Thames Valley District School Board

    4.9
  • London South Collegiate Institute

    2.7 km · Grades 9-12

    Thames Valley District School Board

    4.2

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $2,967/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$271
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,967
Land transfer tax$6,473 on closing

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

$499,900

Listed Sep 8, 2026

On the market

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

Sold comparables nearby

155 Trowbridge Avenue, London SouthSold

155 Trowbridge Avenue, London South

2 bd·2 ba·700-1,100 sqft
7 Erie Avenue, London SouthSold

7 Erie Avenue, London South

3 bd·2 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 London

7 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$479,667

Sale-to-list ratio

97%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $121,000 household income

Minimum household income required

$121,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin →
Rental market$2,500/mo median for 3 bed nearby

$2,500/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 47 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

No obligation. Pick a time that suits you.

(226) 212-5099 · colin@searchlondonhomes.com

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