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For sale
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$515,000

Estimated value about $489K

Est. $2,413/mo mortgage

3bd·2ba·1,100-1,500sqft

51 Salvia Street · London South, N5Z 4T1

MLS® X13867954

22 days on market22 days on market

Listed Sep 20, 2026

Listing courtesy of Coldwell Banker Southwest Realty·Listing last changed 4 days ago

Key facts

Property type
Semi-Detached
Square footage
1100-1500 sqft
Lot size
19.58 × 132.55 ft · < .50 acres
Parking
2 spaces
Property tax
$2,371/yr (2025)

Description

Welcome to 51 Salvia Street, a beautifully updated 3-bedroom, 1.5-bathroom semi-detached home located in a desirable, family-friendly London neighbourhood. Step inside to a bright, welcoming interior that has been freshly painted and thoughtfully updated, with many of the major improvements already completed, including the roof, windows and kitchen. The real showstopper is the incredible fully fenced backyard, featuring a spacious entertaining deck and fire pit area that feels straight out of a magazine-the perfect setting for summer evenings with family and friends. Ideally located close to excellent schools, a new neighbourhood park and everyday amenities, this move-in-ready home offers the perfect combination of comfort, style and location. 51 Salvia Street is one you won't want to miss. **INTERBOARD LISTING: SARNIA-LAMBTON ASSOCIATION OF REALTORS**

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Property details

Interior

Size
1100-1500 sqft
Rooms
6 rooms
Bathrooms
1 × 4-piece on Second, 1 × 2-piece on Lower
Basement
Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Semi-Detached, Backsplit 3
Lot size
19.58 × 132.55 ft · < .50 acres
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Available, Front Yard Parking (2 spaces)
Parking
2 spaces

Fees & taxes

Property tax
$2,371/yr (2025)

Estimated value range

$489K–$489K

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
Pond Mills →

London South, ON

South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.

Monthly paymentest. $3,080/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,413
Property tax$198
Insurance (est.)$107
Utilities (est.)$250
Total monthly$2,967
Land transfer tax$6,775 on closing

Ontario LTT

$6,775

First-time rebate

−$4,000

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

Price & listing history

$515,000

Listed Sep 20, 2026

On the market

Sold comparables nearby

34 Oregon Road, London SouthSold

34 Oregon Road, London South

2 bd·2 ba·700-1,100 sqft
116 Glenroy Crescent, London SouthSold

116 Glenroy Crescent, London South

3 bd·2 ba·1,100-1,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer’s market in London

6.4 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$476,833

Sale-to-list ratio

95.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $127,000 household income

Minimum household income required

$127,000

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.

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Rental market$2,475/mo median for 3 bed nearby

$2,475/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 48 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.

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