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$500,000

Est. $2,342/mo mortgage

3+2bd·2ba·700-1,100sqft

56 Ashbury Avenue · London South, N6E 1T1

MLS® X13822172

1 day on marketListed yesterday

Listed Sep 24, 2026

Listing courtesy of Exp Realty·Updated 8 hours ago

Description

Welcome to 56 Ashbury Avenue, a beautifully maintained detached bungalow in a desirable South London community. Situated on a spacious corner lot, this versatile 3+2 bedroom, 2 full bathroom home offers exceptional flexibility for families, multi-generational living, or investors. The thoughtfully designed layout features bright and comfortable living spaces, two fully equipped kitchens, and a finished lower level with additional bedrooms and living space, providing plenty of room to accommodate a growing family, guests, or a potential in-law setup. Enjoy the convenience of a location that puts everyday amenities close at hand. White Oaks Mall, one of London's largest shopping destinations, is nearby, along with Walmart, Costco, restaurants, services, and recreational facilities. White Oaks Park offers paved walking paths, sports fields, tennis courts, and playgrounds, while excellent schools and public transit are also within easy reach.Commuters will appreciate quick access to Wellington Road and Highway 401, making travel throughoutLondon and beyond convenient. With its generous 3+2 bedroom configuration, two kitchens, two full bathrooms, corner-lot setting, and highly convenient South London location, 56 Ashbury Avenue is a wonderful opportunity to enjoy a comfortable home with outstanding versatility and long-term potential.

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Property details

Interior

Size
700-1100 sqft
Bedrooms
3 above grade, 2 lower level
Rooms
6 rooms
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Basement
Basement
Full, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
50 × 100.26 ft
Exterior
Brick, Wood
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private Double (4 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$3,051/yr (2025)

Rooms

Main

Living Room
3.96 × 4.49 m
Bedroom 3
3.68 × 3.25 m
Dining Room
3.96 × 1.52 m
Kitchen
3.68 × 3.25 m
Bedroom 2
3.96 × 2.59 m
Bedroom
3.68 × 2.61 m

Basement

Bedroom 5
3.58 × 2.56 m
Kitchen
2.84 × 3.12 m
Utility Room
1.88 × 2.08 m
Bedroom 4
2.31 × 5.18 m
Recreation
3.63 × 5.79 m

AI property estimate

$471,562Estimate is ~5.7% below asking

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

$424,406$518,718

76% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Summerside →

London South, ON

Newer southeast neighbourhood with diverse housing, growing commercial options, and family appeal.

Monthly paymentest. $2,998/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$301
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,998
Land transfer tax$6,475 on closing

Ontario LTT

$6,475

First-time rebate

−$4,000

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

Price & listing history

$500,000

Listed Sep 24, 2026

On the market

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

Sold comparables nearby

965 Osgoode Drive, London SouthSold

965 Osgoode Drive, London South

3 bd·2 ba·1,100-1,500 sqft
98 Surrey Crescent, London SouthSold

98 Surrey Crescent, London South

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London South

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$474,642

Sale-to-list ratio

97.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $124,000 household income

Minimum household income required

$124,000

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$2,375/mo median for 3 bed nearby

$2,375/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 44 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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