$587,611
For sale: Vacant Land

Experience the difference of a home built beyond the ordinary. This brand-new 4-bedroom, 4-bathroom townhome at Olive Tree Gardens by Millstone Homes offers nearly 2,000 sq. ft. of thoughtfully designed living space across three levels. The versatile layout features a ground-floor bedroom with backyard walkout, an open-concept main level with a spacious island kitchen, dining area, living room, pantry, and private deck, plus three additional bedrooms on the upper level, including a primary retreat with ensuite and walk-in closet. Built to the same construction and finishing standards found in Millstone's custom homes, this residence showcases custom cabinetry by Elite Kitchen Designs, European tilt-and-turn windows, SPC vinyl flooring throughout with no carpet, flat ceilings, stain-grade wood stairs, Riobel fixtures, and designer tile finishes. Energy-efficient mechanical systems include a high-efficiency furnace, HRV, central air conditioning, and tankless water heater. Located in Southwest London, minutes from shopping, restaurants, transit, and Highway 401/402 access, Olive Tree Gardens offers the perfect combination of convenience, low-maintenance condominium living, and exceptional build quality rarely found at this price point. Price includes the proposed 2026 HST rebate. The final rebate amount will depend on the approval of Provincial and Federal legislation and the purchaser meeting government eligibility requirements, such as occupying the property as a primary residence or using it as a qualifying rental property. The photos on this listing are of the end unit, which is priced at $605,310.00. The listing price of $ 587,611.00 is for the interior unit.
Sold data
Homes in South W took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.
The median sale price was $629,000.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 31 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 W) 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.
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