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$774,900

Est. $3,630/mo mortgage

2+2bd·3ba·1,100-1,500sqft

12 Mountsfield Drive · London South, N6C 2S5

MLS® X13823526

1 day on marketListed yesterday

Listed Sep 24, 2026

Listing courtesy of Royal Lepage Triland Realty·Updated 4 hours ago

Description

Presenting 12 Mountsfield Dr, a fully permitted and professionally engineered 2+2 Bed, 3 Bath Bungalow. This extensively renovated Old South Bungalow offers the feel of anew property with thoughtful design, quality finishes, and exceptional flexibility. The main floor has been reconfigured into a bright, open-concept Living Room, Dining Room, and Kitchen with new engineered hardwood and recessed lighting throughout. The relocated Kitchen features new cabinetry, quartz countertops, LG appliances, and an island with casual seating. The Dining Area opens directly to a new cedar deck with structural supports for a future covered outdoor living area. The redesigned main-floor Primary Bedroom includes a walk-in closet and accessible ensuite with walk-in shower, double vanity, stylish tile, and radiant heat. A separate laundry closet supports convenient one-floor living. The finished Lower Level is insulated to code and features recessed lighting, a spacious Family Room with wet bar, two bedrooms with a new egress window, a new three-piece bathroom, open linen storage, and a separate laundry room with utility sink. The cold room includes a new submersible sump system with battery backup and exterior surface discharge representing a water management solution that is guaranteed for twenty years. Extensive exterior improvements include a new stone driveway and walkway that was regraded, two new garage doors, and a 200 amp service for the home with a 60 amp service ready for a future EV Charger. The rear yard was significantly regraded to create a usable rolling greenspace, then levelled and sodded. Major tree maintenance, a new pressure-treated privacy fence and gate, and the new mahogany deck complete the transformation. Ideally located near Mountsfield Public School, Highland Golf & Country Club, London Health Sciences Centre, and 400-series highways. A worry-free renovation offering Old South living in what feels like anew home.

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Property details

Interior

Size
1100-1500 sqft
Bedrooms
2 above grade, 2 lower level
Rooms
7 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Basement, 1 × 4-piece on Lower
Basement
Full, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
69 × 125 ft · < .50 acres
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

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

Fees & taxes

Property tax
$5,147/yr (2025)

Rooms

Main

Primary Bedroom, hardwood floor, ensuite bath, walk-in closet(s)
3.81 × 3.8 m
Living Room, hardwood floor, fireplace, picture window
4.17 × 5.08 m
Kitchen, hardwood floor, b/i desk, double closet
3.35 × 3.51 m
Laundry, Hardwood Floor
0.99 × 0.99 m
Dining Room, hardwood floor, w/o to sundeck, access to garage
3.35 × 2.95 m
Foyer, hardwood floor, closet
1.5 × 1.22 m
Bathroom, tile floor, 4 pc bath, linen closet
1.97 × 2.77 m
Bedroom 2, hardwood floor, closet organizers, overlooks frontyard
3.81 × 2.41 m
Bathroom, 3 pc ensuite, double sink
3.91 × 3.81 m

Lower

Cold Room/Cantina, sump pump, concrete floor
1.96 × 2.01 m
Bedroom, broadloom, window, closet
3.96 × 3.38 m
Laundry, hardwood floor, laundry sink, pass through
3.38 × 2.82 m
Bedroom, broadloom, window, closet
3.48 × 2.97 m
Bathroom, 3 pc bath, linen closet, tile floor
2.36 × 2.6 m
Family Room, broadloom, wet bar, walk-in closet(s)
3.78 × 8.69 m
Furnace Room, unfinished, concrete floor
2.87 × 3.15 m

AI property estimate

$567,878Estimate is ~26.7% below asking

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

$511,090$624,666

74% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Highland →

London South, ON

Mid-south residential area built around Highland Country Club with well-maintained homes.

Monthly paymentest. $4,508/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,630
Property tax$467
Insurance (est.)$161
Utilities (est.)$250
Total monthly$4,508
Land transfer tax$11,973 on closing

Ontario LTT

$11,973

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 2 times · asking price up 41% from the first ask · sold 4% below the final ask

$774,900↑ 41%

Listed Sep 24, 2026

On the market
$549,900

Listed Feb 23, 2026 · 9 days on market

Sold

Mar 4, 2026

9 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

232 Edward Street, London SouthSold

232 Edward Street, London South

2 bd·2 ba·700-1,100 sqft
119 ALEXANDRA Street, London SouthSold

119 ALEXANDRA Street, London South

2 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

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 97.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$515,083

Sale-to-list ratio

97.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $188,000 household income

Minimum household income required

$188,000

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$1,763/mo median for 2 bed nearby

$1,763/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 70 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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Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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