$484,900

$499,900For salePrice drop↓ $15,000 (3%)

407 Vermont Avenue, London South (South J) - Single Family for Sale

407 Vermont Avenue, London South (South J), Ontario, N5Z3E4

3 beds2 baths4 parking900 ft²50 × 120 ft (6,002 sq ft) lot sizeListed 43 days ago

Overview

This 3-bedroom, 2-bathroom home in London South is for sale offering roughly 900 sq ft of space. Listed at $484,900, it is attractively priced about 13% below the $560,000 median asking price in London South. It has been on the market 43 days, fresher than the London South average of 59 days.

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Description

On a quiet residential street in the Glen Cairn neighbourhood, sits this beautifully maintained all-brick bungalow. A long private driveway offers parking for three vehicles with an additional space in the detahhed garage. The main floor has hardwood flooring and large picturesque windows throughout, letting in tons of natural light. The kitchen can be accessed by the side door, so you can easily bring your groceries in from your car. Some major improvements have been done! Including: electrical wiring & 200 Amp service, and on-demand water heater and furnace (2025). Located close to schools, parks and public transit, this home is built solid and ready for your finishing touch. Sold as is with no representations or warranties. (id:66096)

Property Details

MLS®: X13823898
Property Type: Single Family
Zoning: R1-7
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 50 × 120 ft (6,002 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership

Rooms

Main level

Living room: 6.02 x 4.37 meters
Primary Bedroom: 3.48 x 3 meters
Bedroom 2: 4.09 x 2.44 meters
Bedroom 3: 3.17 x 2.41 meters
Kitchen: 3.53 x 3.48 meters

Basement

Recreational, Games room: 6.71 x 6.05 meters
Utility room: 6.25 x 5.18 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water Heater - Tankless
Foundation: Poured Concrete
Exterior: Brick, Aluminum siding
Lot Features: Flat site, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

London South (South J) listings, avg age

59d

Price / ft²

$539

List price

$485K

Haho

This 3-bed single family in London South (South J) has been listed for 43 days, which is 16 days fresher than the city average of 59. Act while there is still low competition.

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Listed by BLUE FOREST REALTY INC. · BRIDGET GATSCHENE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Z)

This home lists at $484,900, about 7.5× the local median household income of $64,500.

Carrying it typically needs a household income of about $94,718 (20% down, 25-yr amortization, stress-tested) — roughly 47% above the area median.

Median household income: $64,500
Population: 24,067
Median age: 40
Owner / renter: 62% / 38%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N5Z)

$484,900· $539/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,245

Min 5%50%

Mortgage payment$2,554/mo

↳ CMHC premium ($18,426 capitalized)

Property tax (est.)$331/mo

Total monthly$2,885

Cash Needed to Close

Down payment (5%)$24,245

Land transfer tax$6,173

Est. closing costs$3,955

Total cash needed$34,373

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