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For sale
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$525,000

Estimated value $499K–$551K

Est. $2,460/mo mortgage

3bd·2ba·1,100-1,500sqft

7 ERIE Avenue · London South, N6J 1H9

MLS® X13875936

4 days on market4 days on market

Listed Oct 8, 2026

Listing courtesy of Royal Lepage Triland Realty·Listing last changed yesterday

Key facts

Property type
Detached
Square footage
1100-1500 sqft
Lot size
35.04 × 142.35 ft · < .50 acres
Age
100+ years
Parking
5 spaces
Property tax
$4,590/yr (2025)

Description

A cherished home, ready for your family. Tucked away on a quiet dead-end street in the sought-after Coves area, this well-cared-for two-storey home offers 3 bedrooms, 2 bathrooms and inviting spaces inside and out. Original character shines through in the main-floor entryway, living room and dining room. At the heart of the home is a beautifully updated custom kitchen featuring quartz countertops and stainless-steel appliances perfect for everyday cooking and entertaining. The finished lower level provides additional living space for movie nights, a home office, a playroom or whatever suits your lifestyle. Recent improvements include a new furnace installed in 2023 and a fully updated electrical system, with final upgrades completed in 2026.Outside, enjoy your morning coffee on the welcoming front porch or unwind in the private backyard, surrounded by mature trees and established gardens. A poured concrete patio with a powered awning creates a comfortable setting for outdoor dining and relaxing at the end of the day. The detached, heated garage with electrical service is ideal for a workshop or year-round storage, while a separate storage shed adds practical convenience. With Wortley Village's local shops, cafés and restaurants just minutes away, you can leave the car at home to explore. The Coves watershed and access to London's Thames Valley trail system are also nearby, offering a wonderful blend of nature, neighbourhood character and city convenience.

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Property details

Interior

Size
1100-1500 sqft
Rooms
8 rooms
Bathrooms
1 × 4-piece on Upper, 1 × 3-piece on Basement
Basement
Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
100+ years
Lot size
35.04 × 142.35 ft · < .50 acres
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

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

Fees & taxes

Property tax
$4,590/yr (2025)

Rooms

Main

Kitchen
2.98 × 4.15 m
Living Room
4.03 × 4.31 m
Foyer
2.43 × 3.47 m
Dining Room
3.49 × 4.13 m

Upper

Primary Bedroom
4.08 × 3.8 m
Bedroom
4.1 × 2.87 m
Bedroom
2.85 × 3.39 m
Bathroom, 4 Pc Bath
2.43 × 3.43 m

Basement

Laundry
2.71 × 3.91 m
Utility Room
3.4 × 2.78 m
Recreation
3.29 × 6.65 m
Bathroom, 3 Pc Bath
2.76 × 1.26 m

Estimated value range

$499K–$551K

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

Southcrest

London South, ON

Monthly paymentest. $3,135/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,460
Property tax$383
Insurance (est.)$109
Utilities (est.)$250
Total monthly$3,201
Land transfer tax$6,975 on closing

Ontario LTT

$6,975

First-time rebate

−$4,000

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

Price & listing history

$525,000

Listed Oct 8, 2026

On the market

Sold comparables nearby

46 Cliftonvale Avenue, London SouthSold

46 Cliftonvale Avenue, London South

3 bd·3 ba·1,100-1,500 sqft
49 Euclid Avenue, London SouthSold

49 Euclid Avenue, 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 97.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$752,667

Sale-to-list ratio

97.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $130,000 household income

Minimum household income required

$130,000

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$2,400/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 47 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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