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$449,900

Estimated value $427K to $472K

Est. $2,108/mo mortgage

4bd·2ba·1,500-2,000sqft

5 Cove Road · London, N6J 1H7

MLS® X14137190

3 days on market3 days on market

Listed Oct 30, 2026

Listing courtesy of Keller Williams Lifestyles·Listing last changed 14 hours ago

Key facts

Property type
Detached
Square footage
1,500-2,000 sqft
Lot size
35.59 × 70.83 ft · < 0.50 acres
Age
100+ years
Parking
3 spaces
Property tax
$3,437/yr (2025)

Description

Welcome to The Coves, one of London's best-kept secrets, where nature, character and community come together. Surrounded by environmentally significant green space, peaceful ponds and winding walking trails, this unique neighbourhood offers a feeling of being tucked away from the city while keeping everything you need close at hand. It's a setting that makes it easy to forget you're still right in the city. With fall finally here, imagine relaxing on the front porch swing, included with the home, while enjoying the colours of the forest just across the way. Step off the porch and you are moments from beautiful walking paths where every season brings something new to enjoy. This charming 2.5 storey red brick home offers plenty of room for a growing or busy family, with generous bedrooms, parking for three vehicles and an easy-care yard. One of the home's unexpected bonuses is the fully finished attic, accessed by a full staircase and offering flexible additional living space. Create a cozy upper family room, a private parents' retreat, or even a spacious primary bedroom tucked away on its own level. The basement, with its separate entrance, kitchenette and 3-piece bath, provides a great space for a teenager or young adult wanting a little independence while still being close to home. Just a short walk away is Wortley Village, with its local shops, restaurants and welcoming community atmosphere. The Coves itself has a wonderful neighbourhood feel, including organized street gatherings that make it easy to get to know the people around you. If you have been looking for a home with character, space and a setting that feels a little different from anywhere else in the city, this one deserves another look. Come experience The Coves and see why people who discover this neighbourhood tend to fall in love with it.

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Property details

Interior

Size
1,500-2,000 sqft
Rooms
8 rooms
Bathrooms
1 × 4-piece on Second, 1 × 3-piece on Basement
Basement
Separate Entrance, Full, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2 1/2 Storey
Age
100+ years
Lot size
35.59 × 70.83 ft · < 0.50 acres
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private (3 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$3,437/yr (2025)

Rooms

Main

Kitchen
3.35 × 2.74 m
Dining Room
3.55 × 3.25 m
Living Room
3.68 × 3.25 m

Second

Primary Bedroom
4.26 × 3.27 m
Bedroom 2
3.3 × 3.17 m
Bedroom 3
3.5 × 3.25 m

Third

Bedroom 4
6.57 × 4.26 m

Basement

Play
3.65 × 3.04 m
Family Room
3.65 × 3.14 m
Recreation
3.88 × 3.14 m
Laundry
3.04 × 1.82 m

Estimated value range

$427K to $472K

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.

Schools nearbyclosest is Victoria Public School, 190 m

Elementary

  • Victoria Public School

    190 m · Grades JK-8

    Thames Valley District School Board

    3.3
  • St Martin Separate School

    860 m · Grades JK-8

    London District Catholic School Board

    7.5
  • Wortley Road Public School

    1.2 km · Grades JK-8

    Thames Valley District School Board

    6.8

Secondary

  • London South Collegiate Institute

    1.7 km · Grades 9-12

    Thames Valley District School Board

    4.2
  • Westminster Secondary School

    1.9 km · Grades 9-12

    Thames Valley District School Board

    2.7
  • London Central Secondary School

    2.4 km · Grades 9-12

    Thames Valley District School Board

    8.0

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. $2,738/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,108
Property tax$286
Insurance (est.)$94
Utilities (est.)$250
Total monthly$2,738
Land transfer tax$5,473 on closing

Ontario LTT

$5,473

First-time rebate

−$4,000

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

Price & listing history

$449,900

Listed Oct 30, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

349 Emery Street, London SouthSold

349 Emery Street, London South

4 bd·2 ba·1,500-2,000 sqft
62 Thorncrest Crescent, London SouthSold

62 Thorncrest Crescent, London South

3 bd·1 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

6.6 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$521,667

Sale-to-list ratio

97.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $111,000 household income

Minimum household income required

$111,000

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

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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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