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For sale
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$549,900

Estimated value $558K–$577K

Est. $2,576/mo mortgage

3+1bd·2ba·1,100-1,500sqft

465 Averill Crescent · London South, N6C 2R8

MLS® X13885390

1 day on marketListed yesterday

Listed Oct 11, 2026

Listing courtesy of Blue Forest Realty INC.·Listing last changed 4 hours ago

Key facts

Property type
Detached
Square footage
1100-1500 sqft
Lot size
75 × 129.89 ft
Parking
5 spaces
Property tax
$5,348/yr (2025)

Description

Welcome to 465 Averill Crescent, a brick ranch tucked along a quiet crescent in Old South, one of London's lovely established neighbourhoods. This single owner home has been loved by the same family since 1960. With large windows that bring plenty of natural light into the home, a practical layout and so much potential to make it your own, this property has plenty to offer.The main floor features three bedrooms, a four-piece bathroom and a bright living room with a gas fireplace. The separate dining room offers space to gather, while the eat-in kitchen provides another spot for everyday meals. A door from the dining room leads directly to the backyard, making it easy to take dinner outside or step out to enjoy the garden.The lower level offers a large rec room with built-ins and plenty of space for relaxing or entertaining. There is another room that could be used as a workout room or den, alongside a three-piece bathroom. A large storage and utility room provides additional space to keep things organized.Outside, the south facing backyard is surrounded by beautiful mature trees and established landscaping, with room to garden, entertain or simply enjoy the setting. A detached single-car garage and a large driveway with plenty of parking space complete the property. A wonderful opportunity to bring your ideas to a home in one of London's best neighbourhoods.

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Property details

Interior

Size
1100-1500 sqft
Bedrooms
3 above grade, 1 lower level
Rooms
6 rooms
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Lower
Basement
Full, Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
75 × 129.89 ft
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

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

Fees & taxes

Property tax
$5,348/yr (2025)

Rooms

Main

Foyer
2.26 × 3.58 m
Bedroom 2
2.82 × 3.59 m
Kitchen
3.76 × 3.57 m
Primary Bedroom
3.68 × 3.22 m
Dining Room
3.88 × 2.9 m
Bedroom 3
3.4 × 3.59 m
Living Room
5.38 × 3.68 m

Lower

Utility Room
7.74 × 3.15 m
Recreation
6.67 × 4.33 m
Exercise Room
7.74 × 3.15 m
Laundry
3.08 × 3.25 m

Estimated value range

$558K–$577K

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
Old South →

London South, ON

Established neighbourhood with character homes and walkable local businesses south of downtown.

Monthly paymentest. $3,272/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,576
Property tax$446
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,387
Land transfer tax$7,473 on closing

Ontario LTT

$7,473

First-time rebate

−$4,000

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

Price & listing history

$549,900

Listed Oct 11, 2026

On the market

Sold comparables nearby

47 Alexandra Street, London SouthSold

47 Alexandra Street, London South

3 bd·2 ba·1,100-1,500 sqft
12 Mountsfield Drive, London SouthSold

12 Mountsfield Drive, London South

2 bd·3 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 95.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$735,500

Sale-to-list ratio

95.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $135,000 household income

Minimum household income required

$135,000

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 53 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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