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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13813686For SaleDetached

40 Leland Pl

South M, London South, Ontario N6K 1S6

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40 Leland Pl, London South, photo 1
Asking$899,999
Bedrooms
4
Bathrooms
3
Size
2,000–2,500sq ft
Per sq ft
$400at the range’s middle
Lot
52 ft frontage
Tax a year
$5,4992025 tax year
Built
51-99
Parking
82 attached
Days on market
Members

The brief

About 40 Leland Pl

40 Leland Pl is a 4-bedroom, 3-bathroom detached house in South M, London South, listed for sale at an asking price of $899,999 (MLS® X13813686).

One of South London's premiere neighbourhoods on a sought after street. Welcome to 40 Leland Place. Situated on the end of a quiet cul-de-sac this lovingly maintained and fully renovated home is nestled away on a private and spacious lot. The welcoming entrance off the front porch provides the centerpiece for a main floor that features a large living room, dining room and upgraded kitchen. Custom coffered ceilings, pot lights, crown moulding, hardwood floors and stylish california shutters accentuate the modernity and attention to detail this home exemplifies. The eat-in kitchen features granite countertops and a spacious area for the home chef. The main floor is complemented with a bonus family room accompanied by a gas fireplace/custom TV stand and offers double doors that lead to an expansive backyard cedar deck. The second floor of this home features a master bedroom and ensuite with three additional bedrooms and a full bathroom. The private and expansive backyard is a striking feature to this property with a large deck area, custom pergula, gazebo and numerous areas to sit and relax. The yard allows both for seclusion, entertaining and spacious opportunities for a pool or other backyard amenities. The back also offers a space for a camper/auxiliary vehicle with a power source with plenty of storage space in the double car garage and accompanying shed. This quiet and private neighbourhood offers excellent proximity to top quality schools and numerous commercial amenities.

Insights

  • Condition Score

    Good

    2 documented update signals

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

  • Cashflow Quality

    Shortfall

    −$1,714/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 23 detached homes with 4 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.

The home

Key facts

Tax
$5,499 / 2025
MLS® number
X13813686
Board
TRREB MLS®
Property Type
Detached
Building Age
51-99
Days on market
Size
2000-2500 sqft
Lot Size
52 ft frontage
Listed on
Parking
2 Attached, 8 Parking
Listing brokerage: THE REALTY FIRM INC.Data 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.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
South M
Municipality
London South

Building

Size
2000-2500 sqft
Building Age
51-99
Construction
Brick

Inside

Bedrooms
4
Bathrooms
3
Bathroom Details
1 × 2pc Main, 1 × 4pc 2nd, 1 × 4pc 2nd
Basement Type
Development Potential
Kitchens
1

Parking

Garage Type
Attached
Garage
2
Additional Parking
6
Total Parking
8

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
52 ft
Lot Size
52 ft frontage

Additional

Foundation
Poured Concrete
Roof
Fibreglass Shingle
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
Refrigerator, Stove, Dishwasher, Washer, Dryer, Pool Table.

Rooms

RoomSizeFeaturesLevel
Foyer3.08 × 4.37 m—Main
Living3.9 × 7.88 m—Main
Dining5.96 × 6.04 m—Main
Kitchen4.85 × 3.4 m—Main
Bathroom1.48 × 2.27 m2 Pc BathMain
Laundry2.31 × 4.44 m—Main
Family4.79 × 4.44 mFireplaceMain
Primary4.16 × 4.37 m4 Pc Ensuite, W/I Closet2nd
Bathroom2.17 × 2.44 m4 Pc Ensuite2nd
2nd Br3.89 × 4.37 m—2nd
3rd Br3.56 × 3.41 m—2nd
4th Br2.63 × 3.4 m—2nd
Bathroom2.94 × 2.08 m4 Pc Bath2nd
Utility3.95 × 3.64 m—Bsmt
Other3.57 × 7.25 m—Bsmt
Other6.4 × 7.25 m—Bsmt
Other6.9 × 4.13 m—Bsmt

Listing history

Buy/sell history for 40 Leland Pl, 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$899,999N/AFor SaleX13813686

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $180,000

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
$180,000
Total mortgage amount
$719,999
Total interest payment
$511,801
Total purchase cost
$1,411,800
Mortgage payment
$4,106/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

53%

Monthly carrying cost

$4,564
−$1,714per month
  • Rent $2,850
  • Shortfall $1,714

Rental income opens at $2,850, the median asking rent of 23 comparable homes for lease in London South. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$14,475
Total land transfer tax
$14,475
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$10,475
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 $899,999
$10,000
Ontario total
$14,475

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

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 Kassaundra Dobson, Broker of Record for a full comparative market analysis.

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.

The land

Lot

Street frontage
52 ft15.8 m
Depth
Not in the record

Confirm with a survey before you buy.

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

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

10 records · 4 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas2 licensed pits or quarries within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by London Hydro Inc.Wired internet 50/10 Mbps or faster is listed at a household 100 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m

Province of Ontario open data

Planning and building activity1

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address

Province of Ontario open data

Environmental records4

  • 2 licensed pits or quarries within 2 kmThe nearest is 1.0 km away, as mapped.2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by London Hydro Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 100 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (100 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.100 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, TekSavvy, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Detached homes for sale in South M right now

For sale now
9
Median asking price
$800K

Middle half: $775K to $900K

New in 7 days
0

3 in 28 days

Price cuts
0%

0 listings

This home is asking 13% above the median.

See all homes in South M

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

Market area · filters apply to the charts below

The street

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St. Rose of Lima Separate SchoolLondon District Catholic School BoardCatholic · grades JK–8400 m81%Grade 6 average
Westmount Public SchoolThames Valley DSBPublic · grades JK–8500 m71%Grade 6 average
W Sherwood Fox Public SchoolThames Valley DSBPublic · grades JK–81.1 km60%Grade 6 average
École élémentaire La PommeraieConseil scolaire ViamondeFrench-language public · grades JK–61.8 km77%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Saunders Secondary SchoolThames Valley DSBPublic · grades 9–12550 m46%Grade 9 math
Westminster Secondary SchoolThames Valley DSBPublic · grades 9–122.1 km38%Grade 9 math
St Thomas Aquinas Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–123.9 km64%Grade 9 math
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–129.3 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.

The verdict

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Recently sold nearby

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

Email Kassaundra Dobson, Broker of Record