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For sale
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$699,000

Est. $3,275/mo mortgage

3bd·3ba·1,500-2,000sqft

6453 Royal Magnolia Avenue · London South, N6P 0K2

MLS® X13801446

1 day on market

Listed Sep 18, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated 4 hours ago

Description

Welcome to this stunning detached home in the highly sought-after Magnolia Fields community in Southwest London. Offering approximately 1,720 sq. ft. of beautifully designed living space, this nearly-new home combines modern elegance, comfort, and functionality in one exceptional package. From the moment you step inside the impressive two-storey foyer, you'll be greeted by an abundance of natural light and an inviting open-concept layout designed for both everyday living and effortless entertaining. The spacious dining area flows seamlessly into the modern kitchen and cozy family room, creating the perfect gathering space for family and friends. The thoughtfully designed kitchen is ideal for preparing meals and making lasting memories. Upstairs, you'll find three generously sized bedrooms, two full bathrooms, and the convenience of second-floor laundry. A versatile bonus area off the staircase provides the perfect space for a home office, reading nook, kids' play area, or additional lounge space. The unfinished basement offers endless potential to customize to your lifestyle - whether you envision a home theatre, fitness studio, recreation room, or additional living quarters. Perfectly located in the family-friendly Lambeth area, this home provides quick access to Highways 401 and 402, making commuting simple and convenient. Enjoy being just minutes from shopping, restaurants, gyms, parks, top-rated schools, and major employers, including the new Amazon fulfillment centre and easy access to St. Thomas. This move-in-ready home offers the perfect blend of style, location, and opportunity - an incredible chance to become part of one of London's fastest-growing communities. Don't miss your opportunity to call this beautiful property home.

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Property details

Interior

Interior
1500-2000 sqft
Rooms
13 rooms
Bathrooms
1 × 2-piece on Main, 1 × 3-piece on Second, 1 × 4-piece on Second
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
0-5 years
Lot size
30.1 × 115.13 ft · < .50 acres
Exterior
Brick, Concrete
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
1 car Attached
Driveway
Available, Private (2 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$5,247/yr (2025)

AI property estimate

$730,000Estimate is ~4.4% above asking

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

$657,000$803,000

77% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Lambeth

London South, ON

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

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

Listed 7 times · asking price down 13% from the first ask

$699,000

Listed Sep 18, 2026

On the market
$699,000

Listed Sep 18, 2026

On the market
$699,000 4%

Listed Aug 21, 2026 · 27 days on market

Taken off the market

Sep 17, 2026

$669,000 2%

Listed Jul 16, 2026 · 36 days on market

Taken off the market

Aug 21, 2026

$679,900 15%

Listed May 22, 2026 · 55 days on market

Taken off the market

Jul 16, 2026

$799,888 0%

Listed Apr 28, 2025 · 15 days on market

Taken off the market

May 13, 2025

$799,900

Listed Feb 21, 2025 · 65 days on market

Taken off the market

Apr 27, 2025

198 days on the market in total across 7 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
3354 Mersea Street, London SouthSold

$855,000

3354 Mersea Street, London South

4 bd·3 ba·2,500-3,000 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 95.9% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$705,817

Sale-to-list ratio

95.9%

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$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 23 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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