$499,900
For sale: Detached

Much larger than it appears, this beautifully updated 4-bedroom, 3-bathroom home offers exceptional flexibility for families, multi-generational living, or savvy buyers looking for additional income. Backing directly onto Euston Park and the natural beauty of the Coves area, you'll enjoy a rare combination of privacy, green space, and city convenience, with no back neighbours, ever. Thoughtfully renovated in 2016, the home features two updated kitchens, three full bathrooms, updated flooring, trim, hardware, exterior siding, insulation, plumbing, electrical, furnace, and air conditioning. The bright and spacious main level offers generous living and dining spaces, a large eat-in kitchen, convenient main floor laundry, and direct access to the sunny south-facing backyard. One of the standout features is the self-contained lower-level suite with its own entrance, kitchen, bathroom, and laundry. Currently leased month-to-month to an excellent long-term tenant for $1,200/month inclusive of utilities, it provides an outstanding mortgage helper, with the tenant eager to remain if desired. Step outside to a private backyard retreat complete with a gas line-fed BBQ (incl.), storage shed, and direct access to Euston Park. The park stretches out behind the property with grasslands, walking paths, and a connection to the environmentally significant Coves area, creating a peaceful backdrop rarely found within the city. Evenings and weekends are especially quiet here, with just one active side neighbour and nothing but green space at the back. This is also a smart location for attracting tenants: a city bus route runs nearby, offering easy access to nearby amenities, an easy sell for future renters. Additional features include parking for up to three vehicles and proximity to schools, shopping, parks, and everyday conveniences. This is a rare opportunity to own a spacious, income-generating home with a truly remarkable natural setting right in the heart of the city.
Sold data
Detached homes in London South (South E) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 48, across 777 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $629,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 777 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South E) 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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