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$1,299,999

Est. $6,090/mo mortgage

2bd·3ba·1,500-2,000sqft

4228 Fallingbrook Road · London South, N6P 0H8

MLS® X13786470

1 day on market

Listed Sep 15, 2026

Listing courtesy of The Agency Real Estate·Updated 6 hours ago

Description

Tucked into the prestigious enclave of Heathwoods in Lambeth. This exceptional bungalow sits on a premium 50 x 152 ft lot, bordered by a green space entrance and backing onto protected trees offering rare privacy and a peaceful natural backdrop just minutes to the 401, shopping, schools and dining.Thoughtfully designed with nearly 2,000 sq ft on the main level, this 2 bedroom, 2.5 bath home also features an unfinished lower level with over 1,100 sq ft, a finished hallway and bathroom rough-in ideal for future bedrooms, living space or a custom layout tailored to your needs.This home is defined by two standout themes. First, a refined Scandinavian-inspired aesthetic with a focus on simplicity, warmth and upscale finishes. Clean lines, natural textures, custom millwork, statement ceiling beams and expansive windows create a calm, elevated living experience that feels both modern and timeless.Second, a commitment to eco-conscious, high-efficiency living. Designed for long-term sustainability and low maintenance, the home features a durable metal roof, solar panel system, high-performance heat pump, multi-zone HVAC, enhanced insulation, and energy-efficient systems throughout delivering comfort, significant cost savings (estimated TOTAL annual energy cost for heating and lights -$310 or less ) and peace of mind for years to come.The result is a rare offering with over $250,000 in upgrades, that seamlessly blends design-forward living with smart, future-focused performance all at a price that represents incredible value.

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Property details

Interior

Interior
1500-2000 sqft
Rooms
6 rooms
Bathrooms
1 × 3-piece on Main, 1 × 4-piece on Main, 1 × 2-piece on Main
Basement
Full, Unfinished
Heating
Heat Pump
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
New
Lot size
50 × 152 ft · < .50 acres
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete
Roof
Metal
Water & sewer
Sewer

Parking

Garage
2 car Attached
Driveway
Private Double, Private (4 spaces)
Parking
6 spaces

Rooms

Main

Office
3.51 × 3.05 m
Primary Bedroom
4.36 × 3.51 m
Laundry
1.96 × 1.96 m
Great Room
6.4 × 5.26 m
Bedroom 2
3.63 × 3.32 m
Mud Room
2.41 × 2.38 m
Kitchen
3.73 × 3.15 m
Pantry
1.55 × 1.59 m

Location & neighbourhood

Directions
Lambeth

London South, ON

Growing south-end community with new builds and green space.

Monthly paymentest. $7,394/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$6,090
Property tax$783
Insurance (est.)$271
Utilities (est.)$250
Total monthly$7,394
Land transfer tax$22,475 on closing

Ontario LTT

$22,475

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 4% from the first ask

$1,299,999

Listed Sep 15, 2026

On the market
$1,299,999 4%

Listed May 4, 2026 · 133 days on market

Listing expired

Sep 14, 2026

$1,349,000

Listed Apr 13, 2026 · 21 days on market

Taken off the market

May 4, 2026

154 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

71 Marianna Drive, London SouthSold

$674,900

71 Marianna Drive, London South

3 bd·2 ba·700-1,100 sqft
6770 James Street, London SouthSold

$635,000

6770 James Street, London South

3 bd·4 ba·1,100-1,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Lambeth

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 96.9% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$643,233

Sale-to-list ratio

96.9%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $312,000 household income

Minimum household income required

$312,000

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$1,850/mo median for 2 bed nearby

$1,850/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 11 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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