$769,900
For sale: Detached

**WHY RENT WHEN YOUR TENANT CAN HELP PAY YOUR MORTGAGE?** Welcome To This Beautifully Upgraded Detached Home In London's Highly Desirable Summerside Community, Featuring A **Brand-New Legal Basement Apartment (2025)** With 1 Bedroom, Spacious Recreation Room & 2 Washrooms. A Rare Opportunity For First-Time Buyers, Growing Families, Multi-Generational Households & Investors!Offering **4+1 Bedrooms + 1 Recreation Room, 5 Bathrooms & Over 3,100 Sq. Ft. Of Total Finished Living Space**, This Move-In Ready Home Offers Comfort, Flexibility & Income Potential. **Major 2026 Updates Include A Brand-New Roof & Brand-New Lennox High-Efficiency Furnace!**The Bright Upper Level Features 4 Spacious Bedrooms, 3 Bathrooms, Main Floor Laundry With New Washer & Dryer, New Engineered Hardwood Flooring, Fresh Paint, And A Modern Kitchen With New Quartz Countertops, New Stove & Refrigerator. The Open-Concept Layout Is Perfect For Family Living & Entertaining.The **Legal Basement Apartment** Features 1 Bedroom, Large Recreation Room, 2 Bathrooms, Separate Laundry, Full Kitchen With New Appliances & Private Living Space. Currently Occupied By Excellent Tenants, It Provides Immediate Rental Income And An Excellent Mortgage Helper, While Also Offering Flexible Space For Extended Family.Enjoy A **Double-Car Garage & Parking For 4 Vehicles**, Along With Extensive Recent Upgrades Making This A Low-Maintenance, Turnkey Property.Conveniently Located Minutes From **Hwy 401, Public Transit, Meadowgate Park, Trails, Sports Facilities, Shopping & Schools**, This Family-Friendly Location Offers The Perfect Blend Of Lifestyle & Investment Potential.Whether You're A First-Time Buyer Looking To Reduce Your Monthly Housing Costs, A Family Seeking Flexible Living Space, Or An Investor Looking For Rental Income, This Exceptional Home Checks All The Boxes. **Book Your Private Showing Today!**
Sold data
Detached homes in London South (South U) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 45, across 783 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.
The median sale price was $639,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 783 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South U) 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

$699,999
Detached305 ANDOVER DRIVE, South O, London South

$789,900
Detached264 SUFFOLK PLACE, North K, London North

$769,000
Detached1197 SMITHER ROAD, North I, London North

$699,900
Detached850 COMMISSIONERS ROAD W, South J, London South

$649,000
Detached1135 KIMBALL CRESCENT, North E, London North

$699,999
Detached442 CHELTON ROAD, South U, London South

$699,000
Detached37 LAURENTIAN DRIVE S, East O, London East

$714,900
Detached220 KILLARNEY GROVE, North H, London North