Comparable sales vary too widely to call a direction
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales — not an appraisal. The area price benchmark for this neighbourhood is still being prepared.
About this home
2 bedrooms, 1 bathroom, approximately 1100–1500 sq ft
Main house currently rents for $1,950 per month; building permit issued for detached 2-bedroom ADU (838 sq ft) with estimated construction cost of $200,000 and projected rent of $1,950 per month
Detached garage/shop (21'6" x 26") has separate hydro meter, electric heat, water, CCTV and security system; projected rent $1,100 per month
Renovated kitchen with modern countertops and four stainless steel appliances; 5-piece bathroom with custom double vanity; laundry room
Furnace and heat-pump/air-conditioning system installed 2023; upgraded electrical and plumbing; updated windows; metal roof installed 2019
7 parking spaces available
Private fenced backyard with wood deck; minutes from downtown, parks, trails, shopping, restaurants and transit
Key points summarised from the listing description.
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 5.7% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$7,975
Legal · title · inspection$2,800
Closing costs$10,775
Down payment$115,000
Total cash to close$125,775
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$575,000
Similar homes for sale
Comparable homes on the market near London South · South E — same kind of property, similar size and price.
You're looking at real recent sales near here. Sign in free to reveal the sold prices, addresses and photos — sold data is protected under TRREB rules.