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For SaleDetached · BungalowMLS® #X14165810 · TRREB MLS®

549 Gordon Ave, London South, Ontario

South O, London South, Ontario N6J 2V9

Bedrooms
3
Lot Size
75 x 283.5 ft
Bathrooms
2
Type
Detached
Basement
Full

$599,000

Estimated market value

About 549 Gordon Ave

549 Gordon Ave is a 3-bedroom, 2-bathroom detached house in South O, London South, listed for sale at an asking price of $599,000 (MLS® X14165810).

A rare opportunity to discover the charm and possibilities of this original one-owner vintage 1960s ranch-style home, situated on a generous nearly 1/2 acre lot right in the heart of the city. Offering a wonderful country feel with the convenience of city living, this spacious property is ready for someone to bring new life and fresh ideas to its timeless design.The property offers exceptional park like outdoor space, including a 15' x 10' greenhouse for gardening enthusiasts with grape vines, pear and apple trees. A separate 12' x 24' workshop for hobbies, projects or additional storage. 75' x 283' lot. A large double concrete driveway provides parking for up to six vehicles.A unique opportunity to restore, renovate and create something special. Whether you're looking for room to grow, space for your hobbies or simply the appeal of a large in-city property, this one-owner vintage home offers tremendous potential and in a setting that's hard to find!

Insights

  • Condition Score

    Good
    68out of 100

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    35out of 100

    −$784/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 16 detached homes with 3 bedrooms for lease in London South right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$4,811 / 2025
MLS® number
X14165810
Board
TRREB MLS®
Property Type
Detached
Building Age
51-99
Days on market
Size
1100-1500 sqft
Lot Size
75 x 283.5 ft
Listed on
Parking
1 Attached, 7 Parking
Listing brokerage: CENTURY 21 FIRST CANADIAN CORPData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 549 Gordon Ave, London South, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$599,000N/AFor SaleX14165810

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.

Property details

Property

Property Type
Detached
Style
Bungalow
Community
South O
Municipality
London South

Building

Size
1100-1500 sqft
Building Age
51-99
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 2pc Bsmt
Basement Type
Full
Kitchens
1

Parking

Driveway
Pvt Double
Garage Type
Attached
Garage
1
Additional Parking
6
Total Parking
7

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
75 ft
Depth
283.5 ft
Lot Size
75 x 283.5 ft

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
No
Family room
No
Extras
2 Stainless steel fridges, gas stove, stove, washer, dryer, freezer

Rooms

RoomSizeFeaturesLevel
Kitchen2.77 × 3.08 m—Main
Dining2.77 × 3.87 m—Main
Living2.78 × 4.24 m—Main
Primary2.77 × 4.27 m—Main
2nd Br2.78 × 3.08 m—Main
3rd Br2.78 × 3.02 m—Main
Rec36.88 × 13.35 m—Bsmt
Cold/Cant1.8 × 3.2 m—Bsmt
Kitchen3.78 × 3.57 m—Bsmt
Office3.76 × 3.63 m—Bsmt
Laundry2.68 × 4.91 m—Bsmt
Other3.66 × 3.08 m—Bsmt

Map and tour

Detached homes for sale in South O right now

For sale now
10
Median asking price
$687K

Middle half: $647K to $722K

New in 7 days
3

4 in 28 days

Price cuts
20%

2 listings

This home is asking 13% below the median, lower than three quarters of them.

See all homes in South O

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Land transfer tax on this home

Ontario land transfer tax
$8,455
Total land transfer tax
$8,455
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$4,455
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $599,000
$3,980
Ontario total
$8,455

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Arthur Ford Public SchoolThames Valley DSBPublic · grades JK–8450 m69%Grade 6 average
St Jude Separate SchoolLondon District Catholic School BoardCatholic · grades JK–8750 m79%Grade 6 average
Sir Isaac Brock Public SchoolThames Valley DSBPublic · grades JK–81.2 km78%Grade 6 average
École élémentaire catholique Frère AndréConseil scolaire catholique ProvidenceFrench-language Catholic · grades JK–61.5 km85%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Westminster Secondary SchoolThames Valley DSBPublic · grades 9–121.1 km38%Grade 9 math
London South Collegiate InstituteThames Valley DSBPublic · grades 9–12 · French Immersion2.4 km49%Grade 9 math
Catholic Central High SchoolLondon District Catholic School BoardCatholic · grades 9–124.1 km57%Grade 9 math
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–127.3 km57%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Lot

Lot area
21,263 sq ft1,975 m²
Street frontage
75 ft22.9 m
Depth
283.5 ft86.4 m
75 × 283.5 ftGORDON AVE

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $119,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$119,800
Total mortgage amount
$479,200
Total interest payment
$340,700
Total purchase cost
$939,700
Mortgage payment
$2,733/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

43%

Monthly carrying cost

$3,134
−$784per month
  • Rent $2,350
  • Shortfall $784

Rental income opens at $2,350, the median asking rent of 16 comparable homes for lease in London South. Type over it with the rent you expect. This is a planning tool, not advice.

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Sold prices in South O are shown to signed-in members.

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