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$504,900

Estimated value $480K to $530K

Est. $2,365/mo mortgage

3bd·2ba·1,100-1,500sqft

601 Sherene Terrace · London, N6H 3J9

MLS® X14129340

Listed yesterdayListed yesterday

Listing courtesy of Sutton Group Chapman Realty INC.·Listing last changed 21 hours ago

Open house

  • Sat, Oct 31 · 11:00 a.m. to 1:00 p.m.

Key facts

Property type
Detached
Square footage
1,100-1,500 sqft
Lot size
75 × 130 ft
Parking
3 spaces
Property tax
$4,090/yr (2025)

Description

Welcome to desirable Oakridge! This charming 3-bedroom bungalow offers a wonderful opportunity to enjoy comfortable one-floor living in a sought-after West London neighbourhood. Situated on a large, private lot, this home combines inviting living spaces with plenty of potential to make it your own. Inside, you'll find gleaming hardwood floors throughout the living room, dining room, and bedrooms, adding warmth and timeless appeal. The bright and spacious kitchen offers plenty of cupboard space, providing ample room for everyday cooking. With three bedrooms and two bathrooms, there's flexibility for families, first-time buyers, downsizers, or those looking for a property with room to grow. The lower level presents exciting development potential, offering the opportunity to create additional living space tailored to your needs. Whether you envision a recreation room, home office, hobby space, or extra room for guests, the possibilities are yours to explore! Just a short walk from the Oakridge Optimist Community Centre and nearby public and Catholic elementary schools. With its established neighbourhood setting, generous outdoor space, and excellent potential, this bungalow is a fantastic opportunity to settle into one of West London's popular communities. Whether you're searching for your first home, looking to downsize, or hoping to add your personal touch to a property in a great location, this home is full of possibilities. Don't miss your chance to make it yours! Some pictures have been virtually staged.

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Property details

Interior

Size
1,100-1,500 sqft
Rooms
6 rooms
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Lower
Basement
Development Potential
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
75 × 130 ft
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Parking
3 spaces

Fees & taxes

Property tax
$4,090/yr (2025)

Estimated value range

$480K to $530K

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 North, ON

Established neighbourhood with mature trees and great schools.

Schools nearbyclosest is Notre Dame Separate School, 190 m

Elementary

  • Notre Dame Separate School

    190 m · Grades JK-8

    London District Catholic School Board

    7.8
  • Riverside Public School

    510 m · Grades JK-8

    Thames Valley District School Board

    7.7
  • West Oaks French Immersion Public School

    1.2 km · Grades JK-8

    Thames Valley District School Board

    8.9

Secondary

  • Oakridge Secondary School

    1.1 km · Grades 9-12

    Thames Valley District School Board

    7.1
  • Westminster Secondary School

    2.8 km · Grades 9-12

    Thames Valley District School Board

    2.7
  • Sir Frederick Banting Secondary School

    2.8 km · Grades 9-12

    Thames Valley District School Board

    5.7

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. $3,061/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,365
Property tax$341
Insurance (est.)$105
Utilities (est.)$250
Total monthly$3,061
Land transfer tax$6,573 on closing

Ontario LTT

$6,573

First-time rebate

−$4,000

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

Price & listing history

$504,900

Listed yesterday

On the market

Sold comparables nearby

994 Mapleridge Street, London NorthSold

994 Mapleridge Street, London North

3 bd·3 ba·1,500-2,000 sqft
369 Hyde Park Road, London NorthSold

369 Hyde Park Road, London North

3 bd·2 ba·1,100-1,500 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

6.3 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 94% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$527,483

Sale-to-list ratio

94%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $125,000 household income

Minimum household income required

$125,000

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? Call Colin at (226) 212-5099 or text

Rental market$2,650/mo median for 3 bed nearby

$2,650/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 83 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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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

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.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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