- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 700–1,100sq ft
- Per sq ft
- $539at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $3,9732025 tax year
- Built
- 51-99
- Parking
- 41 detached
- Days on market
- Members
The brief
About 407 Vermont Ave
407 Vermont Ave is a 3-bedroom, 2-bathroom detached house in South J, London South, listed for sale at an asking price of $484,900 (MLS® X13823898).
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.
Insights
Condition Score
Fair56/100Listing notes possible renovation needs
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even53/100−$169/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 homes with 3 bedrooms for lease in South J right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,973 / 2025
- MLS® number
- X13823898
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 700-1100 sqft
- Lot Size
- 50.13 x 119.77 ft
- Listed on
- Parking
- 1 Detached, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- South J
- Municipality
- London South
Building
- Size
- 700-1100 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
- Private
- Garage Type
- Detached
- Garage
- 1
- Additional Parking
- 3
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 50.13 ft
- Depth
- 119.77 ft
- Lot Size
- 50.13 x 119.77 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- NONE
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.37 × 6.02 m | — | Main |
| Primary | 3.0 × 3.48 m | — | Main |
| 2nd Br | 2.44 × 4.09 m | — | Main |
| 3rd Br | 2.41 × 3.17 m | — | Main |
| Kitchen | 3.48 × 3.53 m | — | Main |
| Rec | 6.05 × 6.71 m | — | Bsmt |
| Utility | 5.18 × 6.25 m | — | Bsmt |
Listing history
Buy/sell history for 407 Vermont Ave, London South, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $484,900 | N/A | Pc | X13823898 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $96,980
- Total mortgage amount
- $387,920
- Total interest payment
- $275,980
- Total purchase cost
- $760,880
- Mortgage payment
- $2,213/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
26%Monthly carrying cost
$2,544- Rent $2,375
- Shortfall $169
Rental income opens at $2,375, the median asking rent of 6 comparable homes for lease in South J. 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
- $6,173
- Total land transfer tax
- $6,173
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,173
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 $484,900
- $1,698
- Ontario total
- $6,173
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
- 50.13 ft15.3 m
- Depth
- 119.77 ft36.5 m
- Lot size
- Under 0.50 acresAs the board bands it
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m9 test or monitoring holes also recorded.250 m
- Groundwater recorded about 5 m below ground nearbyThe middle water level in the well records within 500 m (25 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 7.8 km7.8 km
Province of Ontario open data
Around the home2
- Nearest rail line: 840 m840 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Canadian Linen & Uniform Service — Canadian Linen & Uniform Service - D14, 1.0 km away. Only 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 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 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, 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 J right now
- For sale now
- 20
- Median asking price
- $565K
- New in 7 days
- 3
- Price cuts
- 20%
Middle half: $499K to $682K
6 in 28 days
4 listings
This home is asking 14% below the median, lower than three quarters of them.
See all homes in South JAsking 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
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| C C Carrothers Public SchoolThames Valley DSB | Public · grades JK–8 | 300 m | 46%Grade 6 average |
| St Sebastian Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 350 m | 68%Grade 6 average |
| Princess Elizabeth Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 950 m | 76%Grade 6 average |
| École élémentaire catholique Saint-Jean-de-BrébeufConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 2.9 km | 73%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| G A Wheable Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.1 km | — |
| B Davison Secondary School Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.6 km | — |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 3.5 km | 57%Grade 9 math |
| École secondaire Gabriel-DumontConseil scolaire Viamonde | French-language public · grades 9–12 | 3.5 km | 77%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
Similar Active Listings
Recently sold nearby
Sold prices in South J are shown to signed-in members.