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$485,000

Est. $2,272/mo mortgage

2+1bd·3ba·1,000-1,199sqft

20 Kernohan Parkway #23 · London South, N6J 4Y3

MLS® X13833952

1 day on marketListed yesterday

Listed Sep 28, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated 3 hours ago

Description

Fully updated one-floor living, just steps from everyday amenities. This turnkey bungalow townhome is truly walkable to Southcrest Shopping Plaza with Giant Tiger, Tim Hortons, Pet Valu, restaurants, and services, while still offering a quiet, private setting away from heavy traffic. A private rear deck with sunny southwest exposure provides an excellent outdoor space and fills the home with natural light. Well kept and cared for, the bright main floor features updated flooring, in-ceiling lighting, and an open living and dining area centred around a built-in electric fireplace/media wall with a walkout to the deck. The kitchen offers high-end appliances (including a NEW built-in microwave), ample cabinetry, and a practical layout with everything within easy reach. Enjoy true single-level ease with main-floor laundry, a dedicated powder room off the main living area, and a spacious primary bedroom with two closets, lots of room for a king-size bed and additional furniture, plus an updated ensuite bathroom. A second main-floor bedroom offers flexibility as a guest room or den/office. The finished lower level includes a rec room, third bedroom, full bathroom with stand-up shower, and storage, ideal for visiting family, hobbies, or a quiet work-from-home setup. Additional features include an attached garage, driveway parking, and an owned water heater**, with** no rental fees. Close to Springbank Park, walking trails, and transit, this is a move-in-ready opportunity for downsizers or anyone seeking low-maintenance living in London's beautiful Southcrest community.

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Property details

Interior

Size
1000-1199 sqft
Bedrooms
2 above grade, 1 lower level
Rooms
7 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Main, 1 × 3-piece on Basement
Basement
Full, Partially Finished
Heating
Forced Air
Cooling
Central Air
Laundry
N

Building & lot

Type
Condo Townhouse, Bungalow
Age
16-30 years
Exterior
Brick Veneer
Storeys
1
Exposure
East

Parking

Garage
1 car Attached
Parking
2 spaces
Locker
None

Fees & taxes

Condo fee
$358/mo
Fee includes
parking
Pets
Yes-with Restrictions
Property tax
$3,101/yr (2025)
Corporation
MCC 392
Managed by
Gregg Condominium Management

AI property estimate

$332,281Estimate is ~31.5% below asking

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

$299,053$365,509

79% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Wortley Village →

London South, ON

Artisan neighbourhood with boutique shops and cafes.

Monthly paymentest. $3,274/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,272
Property tax$292
Insurance (est.)$101
Utilities (est.)$250
Condo fee$358
Total monthly$3,274
Land transfer tax$6,175 on closing

Ontario LTT

$6,175

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 3 times · asking price up 10% from the first ask · sold 22% above the final ask

$485,000↓ 8%

Listed Sep 28, 2026

On the market
$524,900↑ 19%

Listed May 22, 2026

On the market
$439,900

Listed Apr 17, 2023 · 3 days on market

Sold

Apr 20, 2023

3 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

28 - 40 Quinella Drive, London SouthSold

28 - 40 Quinella Drive, London South

2 bd·3 ba·1,400-1,599 sqft
12 - 535 Topping Lane, London SouthSold

12 - 535 Topping Lane, London South

3 bd·4 ba·1,600-1,799 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Old South

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.2% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$419,475

Sale-to-list ratio

97.2%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $120,000 household income

Minimum household income required

$120,000

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$1,970/mo median for 2 bed nearby

$1,970/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 40 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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