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$499,900

Estimated value $475K to $525K

Est. $2,342/mo mortgage

3bd·1ba·700-1,100sqft

39 Gerald Crescent · London, N5Z 5A4

MLS® X14106990

4 days on market4 days on market

Listed Oct 22, 2026

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

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
29.75 × 119.7 ft
Parking
2 spaces
Property tax
$3,487/yr (2026)

Description

Welcome to 39 Gerald Cres, a solid all-brick bungalow nestled on a quiet street. Situated on a generous pie-shaped lot, this home offers plenty of outdoor space. The kitchen features oak cabinetry, a skylight, and convenient pantry. Downstairs, the finished basement provides additional living space, complete with a versatile rec room, separate workshop complete with workbench, a dedicated storage room, and a separate utility and laundry room. The furnace and AC have been serviced annually, offering peace of mind. With its spacious lot, versatile one floor layout, and ample room to make it your own, this property is full of opportunity!

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Property details

Interior

Size
700-1,100 sqft
Rooms
5 rooms
Bathrooms
1 × 4-piece on Main
Basement
Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
29.75 × 119.7 ft
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Parking
2 spaces

Fees & taxes

Property tax
$3,487/yr (2026)

Estimated value range

$475K to $525K

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
Glen Cairn →

London South, ON

Established south-end neighbourhood with mature trees and a community-park-centred layout.

Schools nearbyclosest is St Sebastian Separate School, 390 m

Elementary

  • St Sebastian Separate School

    390 m · Grades JK-8

    London District Catholic School Board

    6.2
  • C C Carrothers Public School

    760 m · Grades JK-8

    Thames Valley District School Board

    2.9
  • Glen Cairn Public School

    1.0 km · Grades JK-8

    Thames Valley District School Board

    3.2

Secondary

  • G A Wheable Secondary School

    1.6 km · Grades 9-12

  • B Davison Secondary School

    2.0 km · Grades 9-12

    Thames Valley District School Board

  • Sir Wilfrid Laurier Secondary School

    2.2 km · Grades 9-12

    Thames Valley District School Board

    3.9

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $2,986/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$291
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,986
Land transfer tax$6,473 on closing

Ontario LTT

$6,473

First-time rebate

−$4,000

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

Price & listing history

$499,900

Listed Oct 22, 2026

On the market

Sold comparables nearby

446 Scenic Drive, London SouthSold

446 Scenic Drive, London South

3 bd·2 ba·1,100-1,500 sqft
151 Hale Street, London EastSold

151 Hale Street, London East

2 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.8 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$475,083

Sale-to-list ratio

97%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $122,000 household income

Minimum household income required

$122,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin →
Rental market$2,300/mo median for 3 bed nearby

$2,300/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 46 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

No obligation. Pick a time that suits you.

(226) 212-5099 · colin@searchlondonhomes.com

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Colin Abbot, Broker, Westwood Realty Team

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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