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For sale
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$619,900

Estimated value $589K to $651K

Est. $2,904/mo mortgage

2bd·1ba·700-1,100sqft

786 Springbank Drive · London, N6K 1A4

MLS® X14107262

4 days on market4 days on market

Listed Oct 22, 2026

Listing courtesy of Blue Forest Realty INC.·Listing last changed yesterday

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
50 × 174 ft
Parking
3 spaces
Property tax
$4,853/yr (2026)

Description

Imagine having Springbank Park as your neighbour, with mature trees all around you, scenic trails just steps away and the conveniences of the city close at hand. Welcome to 786 Springbank Drive, a distinctive hillside home set back from the road on a generous 50 x 174 ft lot. This is a special opportunity to enjoy west London park-side living at a more approachable price point. Inside, beautiful cherrywood flooring brings warmth to the main living areas, including a bright living room with a large picture window overlooking the greenery, a separate dining space, and a kitchen with a centre island and charming breakfast nook. The home features two bedrooms, a full bathroom with double sinks, and a spacious walkout lower level offering exciting possibilities for a home-based business, private office, creative studio, fitness space or potential income-generating use, subject to necessary approvals. Outside, a stone patio, mature landscaping and towering trees create a peaceful setting for relaxing or entertaining. Potential rear access and additional parking are subject to verification. Notable improvements include a roof replaced in 2020, updated eavestroughs, exterior repainting and new appliances. The septic system was pumped in summer 2026. With Springbank Park and the Thames Valley Parkway trail network directly across the street, leisurely walks, bike rides and time spent surrounded by nature can become part of everyday life. This property offers the feeling of a woodland retreat without leaving the city. An opportunity to embrace nature, enjoy an exceptional location and make this unique property your own.

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Property details

Interior

Size
700-1,100 sqft
Rooms
8 rooms
Bathrooms
1 × 4-piece
Basement
Finished with Walk-Out
Heating
Baseboard
Cooling
None

Building & lot

Type
Detached, Sidesplit 3
Lot size
50 × 174 ft
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Septic

Parking

Parking
3 spaces

Fees & taxes

Property tax
$4,853/yr (2026)

Rooms

Main

Recreation
3.17 × 7.39 m
Recreation
7.26 × 3.07 m

Second

Dining Room
3.25 × 3.51 m
Kitchen
4.22 × 3.89 m
Living Room
5.38 × 3.48 m
Family Room
3.02 × 4.06 m
Foyer
1.37 × 0.89 m

Third

Bathroom
1.91 × 2.26 m
Bedroom
3.63 × 2.64 m
Primary Bedroom
3.63 × 3.45 m

Estimated value range

$589K to $651K

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
Oakridge →

London South, ON

Established neighbourhood with mature trees and great schools.

Schools nearbyclosest is Woodland Heights Public School, 1.6 km

Elementary

  • Woodland Heights Public School

    1.6 km · Grades JK-8

    Thames Valley District School Board

    4.4
  • St. Rose of Lima Separate School

    1.7 km · Grades JK-8

    London District Catholic School Board

    8.1
  • West Oaks French Immersion Public School

    1.7 km · Grades JK-8

    Thames Valley District School Board

    8.9

Secondary

  • Saunders Secondary School

    1.7 km · Grades 9-12

    Thames Valley District School Board

    4.9
  • Oakridge Secondary School

    2.2 km · Grades 9-12

    Thames Valley District School Board

    7.1
  • Westminster Secondary School

    2.2 km · Grades 9-12

    Thames Valley District School Board

    2.7

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. $3,688/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,904
Property tax$404
Insurance (est.)$129
Utilities (est.)$250
Total monthly$3,688
Land transfer tax$8,873 on closing

Ontario LTT

$8,873

First-time rebate

−$4,000

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

Price & listing history

$619,900

Listed Oct 22, 2026

On the market

Sold comparables nearby

379 Willard Crescent, London SouthSold

379 Willard Crescent, London South

3 bd·2 ba·700-1,100 sqft
155 Trowbridge Avenue, London SouthSold

155 Trowbridge Avenue, London South

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

7 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 98% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$665,517

Sale-to-list ratio

98%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $152,000 household income

Minimum household income required

$152,000

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.

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Rental market$1,975/mo median for 2 bed nearby

$1,975/month is the median rent for 2-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

No obligation. Pick a time that suits you.

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

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