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$484,900

Estimated value $461K to $509K

Est. $2,272/mo mortgage

3bd·2ba·700-1,100sqft

407 Vermont Avenue · London, N5Z 3E4

MLS® X13823898

46 days on market46 days on market

Listed Sep 24, 2026

Listing courtesy of Blue Forest Realty INC.·Listing last changed Oct 23

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
50.13 × 119.77 ft · < 0.50 acres
Age
51-99 years
Parking
4 spaces
Property tax
$3,973/yr (2025)

Description

On a quiet residential street in the Glen Cairn neighbourhood, sits this beautifully maintained all-brick bungalow. A long private driveway offers parking for three vehicles with an additional space in the detahhed garage. The main floor has hardwood flooring and large picturesque windows throughout, letting in tons of natural light. The kitchen can be accessed by the side door, so you can easily bring your groceries in from your car. Some major improvements have been done! Including: electrical wiring & 200 Amp service, and on-demand water heater and furnace (2025). Located close to schools, parks and public transit, this home is built solid and ready for your finishing touch. Sold as is with no representations or warranties.

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Property details

Interior

Size
700-1,100 sqft
Rooms
5 rooms
Bathrooms
1 × 4-piece on Main, 1 × 2-piece on Basement
Basement
Full, Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
50.13 × 119.77 ft · < 0.50 acres
Exterior
Brick, Aluminum Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Detached
Driveway
Private (3 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$3,973/yr (2025)

Rooms

Main

Bedroom 3
3.17 × 2.41 m
Bedroom 2
4.09 × 2.44 m
Primary Bedroom
3.48 × 3 m
Living Room
6.02 × 4.37 m
Kitchen
3.53 × 3.48 m

Basement

Utility Room
6.25 × 5.18 m
Recreation
6.71 × 6.05 m

Estimated value range

$461K to $509K

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
Glen Cairn →

London South, ON

Established south-end neighbourhood with mature trees and a community-park-centred layout.

Schools nearbyclosest is C C Carrothers Public School, 270 m

Elementary

  • C C Carrothers Public School

    270 m · Grades JK-8

    Thames Valley District School Board

    2.9
  • St Sebastian Separate School

    340 m · Grades JK-8

    London District Catholic School Board

    6.2
  • Princess Elizabeth Public School

    940 m · Grades JK-8

    Thames Valley District School Board

    5.8

Secondary

  • G A Wheable Secondary School

    1.1 km · Grades 9-12

  • B Davison Secondary School

    1.6 km · Grades 9-12

    Thames Valley District School Board

  • Sir Wilfrid Laurier Secondary School

    2.1 km · Grades 9-12

    Thames Valley District School Board

    3.9

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. $2,954/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,272
Property tax$331
Insurance (est.)$101
Utilities (est.)$250
Total monthly$2,954
Land transfer tax$6,173 on closing

Ontario LTT

$6,173

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 down 12% from the first ask

$484,900↓ 12%

Listed Sep 24, 2026

On the market
$549,900

Listed Jan 24, 2023 · 21 days on market

Sold

Feb 14, 2023

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

21 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

30 Glenwood Avenue, London EastSold

30 Glenwood Avenue, London East

2 bd·1 ba·700-1,100 sqft
16 Redan Street, London EastSold

16 Redan Street, London East

4 bd·2 ba·1,500-2,000 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

6.6 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$410,000

Sale-to-list ratio

97.5%

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? Call Colin at (226) 212-5099 or text

Rental market$2,400/mo median for 3 bed nearby

$2,400/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 49 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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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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