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For sale
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$829,000

Estimated value $817K–$870K

Est. $3,884/mo mortgage

3bd·4ba·1,500-2,000sqft

3998 Malpass Road · London South, N6P 1E8

MLS® X13854282

2 days on market2 days on market

Listed Oct 2, 2026

Listing courtesy of Royal Lepage Triland Realty·Updated 7 hours ago

Description

Welcome to 3998 Malpass Road, a beautiful two-storey family home located in one of Lambeth's most sought-after, family-friendly neighbourhoods. Offering a spacious layout, thoughtful updates and an incredible backyard oasis, this home is perfect for growing families and entertaining.The main floor features an inviting open-concept dining area with soaring ceilings, a stylish wine bar and an updated kitchen (2019) complete with quartz countertops, a 5-burner gas stove, double oven and generous peninsula with seating for barstools. The adjoining breakfast nook looks out to the spectacular backyard through extra large patio doors. A spacious living room with fireplace, convenient powder room and laundry/mudroom complete the main level, with the mudroom providing access to the double garage.Upstairs, the generous primary suite features beautiful backyard views, a walk-in closet and 4-piece ensuite. Two additional bedrooms and a second 4-piece bathroom provide plenty of room for the family.The finished lower level offers even more living space with an additional bedroom, 3-piece bathroom and large family room, perfect for movie nights, kids' space, guests or a home office. The garage also provides convenient access to the basement.Step outside to your own backyard oasis featuring a new heated 16' x 32' saltwater pool (2024), surrounded by stamped concrete, armour stone and a safety gate, plus an outdoor shower for easy rinsing after a swim. Plenty of space to relax, play and entertain all summer long.Recent updates include windows and doors (2023), A/C (2019), furnace (2017) and water heater (2020).A wonderful opportunity to enjoy the space, comfort and lifestyle of a beautiful Lambeth family home!

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Property details

Interior

Size
1500-2000 sqft
Rooms
10 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Second, 1 × 5-piece on Second, 1 × 3-piece on Basement
Basement
Full, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
16-30 years
Lot size
50.78 × 288.42 ft · < .50 acres
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer
Pool
None, Inground, Salt

Parking

Garage
2 car Attached
Driveway
Private (4 spaces)
Parking
6 spaces

Fees & taxes

Property tax
$7,577/yr (2025)

Estimated value range

$817K–$870K

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
Lambeth →

London South, ON

Growing south-end community with new builds and green space.

Monthly paymentest. $4,806/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,884
Property tax$499
Insurance (est.)$173
Utilities (est.)$250
Total monthly$4,806
Land transfer tax$13,055 on closing

Ontario LTT

$13,055

First-time rebate

−$4,000

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

Price & listing history

$829,000

Listed Oct 2, 2026

On the market

Sold comparables nearby

6327 Royal Magnolia Avenue, London SouthSold

6327 Royal Magnolia Avenue, London South

4 bd·4 ba·2,000-2,500 sqft
4079 Fallingbrook Road, London SouthSold

4079 Fallingbrook Road, London South

4 bd·4 ba·2,500-3,000 sqft

See what these 6 homes sold for

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Market conditionsBalanced market in Lambeth

Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 98.6% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$851,770

Sale-to-list ratio

98.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $201,000 household income

Minimum household income required

$201,000

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$2,925/mo median for 3 bed nearby

$2,925/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 14 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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