$499,900
Est. $2,342/mo mortgage
407 Vermont Avenue · London South, N5Z 3E4
MLS® X13823898
Listed Sep 24, 2026
Listing courtesy of Blue Forest Realty INC.·Updated 6 hours ago
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
- 700-1100 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 · < .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
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
74% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon South, ON
South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.
Monthly paymentest. $2,997/mo all in
Monthly payment estimate
Land transfer tax$6,473 on closing
Ontario LTT
$6,473
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 over 1 month · asking price down 9% from the first ask
Listed Sep 24, 2026
Listed Jan 24, 2023 · 21 days on market
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
Sold$415,000
119 ALEXANDRA Street, London South
Sold$280,000
85 Josephine Street, London South
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 94.6% of asking.
Avg. sold price
$402,317
Sale-to-list ratio
94.6%
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$2,275/mo median for 3 bed nearby
$2,275/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 52 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.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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