$899,900
For sale: Detached

Discover the ease and comfort of bungalow living in one of Lambeth's most desirable new-home communities. Set on a premium 40' 114' lot backing directly onto park space, this thoughtfully designed home offers open views, added privacy and no rear neighbours. With exciting new HST incentives available in Ontario, now is an exceptional time to purchase a brand-new home.Perfect for downsizers, retirees or anyone seeking the convenience of main-floor living, this bungalow-style home combines a functional layout with modern finishes and quality craftsmanship. Professionally curated selection packages offer exceptional value while making the building process simple and enjoyable.Located in Phase 2 of Magnolia Fields and built by Ferox Design + Build, a trusted local builder known for outstanding craftsmanship and personalized client care. Just minutes from Highway 402, excellent schools, shopping, dining and all the amenities Lambeth has to offer. Secure your new bungalow today and enjoy comfortable, low-maintenance living in a beautiful park-facing setting. Price includes the proposed 2026 HST rebates.
Sold data
Homes in South V took a median of 43 days to sell over the last 90 days, with the quickest quarter selling within 23 days and the slowest quarter taking more than 64, across 42 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 86 days.
The median sale price was $804,450.
Homes sold for about 0.8% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 42 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South V) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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