786 Springbank Dr
South C, London South, Ontario N6K 1A4
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700–1,100sq ft
- Per sq ft
- $667at the range’s middle
- Lot
- 50 x 174 ft
- Tax a year
- $4,8532026 tax year
- Parking
- 3none
- Days on market
- Members
The brief
About 786 Springbank Dr
786 Springbank Dr is a 2-bedroom, 1-bathroom detached house in South C, London South, listed for sale at an asking price of $599,900 (MLS® X14107262).
Imagine having Springbank Park as your neighbour, with mature trees all around you, scenic trails just steps away and the conveniences of the city close at hand. Welcome to 786 Springbank Drive, a distinctive hillside home set back from the road on a generous 50 x 174 ft lot. This is a special opportunity to enjoy west London park-side living at a more approachable price point. Inside, beautiful cherrywood flooring brings warmth to the main living areas, including a bright living room with a large picture window overlooking the greenery, a separate dining space, and a kitchen with a centre island and charming breakfast nook. The home features two bedrooms, a full bathroom with double sinks, and a spacious walkout lower level offering exciting possibilities for a home-based business, private office, creative studio, fitness space or potential income-generating use, subject to necessary approvals. Outside, a stone patio, mature landscaping and towering trees create a peaceful setting for relaxing or entertaining. Potential rear access and additional parking are subject to verification. Notable improvements include a roof replaced in 2020, updated eavestroughs, exterior repainting and new appliances. The septic system was pumped in summer 2026. With Springbank Park and the Thames Valley Parkway trail network directly across the street, leisurely walks, bike rides and time spent surrounded by nature can become part of everyday life. This property offers the feeling of a woodland retreat without leaving the city. An opportunity to embrace nature, enjoy an exceptional location and make this unique property your own.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall14/100−$1,441/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 21 detached homes with 2 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
- $4,853 / 2026
- MLS® number
- X14107262
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 700-1100 sqft
- Lot Size
- 50 x 174 ft
- Listed on
- Parking
- None, 3 Parking
Property details
Property
- Property Type
- Detached
- Style
- Sidesplit 3
- Community
- South C
- Municipality
- London South
Building
- Size
- 700-1100 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 3
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Baseboard
Land
- Sewer
- Septic
- Frontage
- 50 ft
- Depth
- 174 ft
- Lot Size
- 50 x 174 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge, Stove, Dishwasher, Washer, Dryer
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Rec | 3.07 × 7.26 m | — | Main |
| Rec | 7.39 × 3.17 m | — | Main |
| Dining | 3.51 × 3.25 m | — | 2nd |
| Family | 4.06 × 3.02 m | — | 2nd |
| Foyer | 0.89 × 1.37 m | — | 2nd |
| Kitchen | 3.89 × 4.22 m | — | 2nd |
| Living | 3.48 × 5.38 m | — | 2nd |
| Bathroom | 2.26 × 1.91 m | — | 3rd |
| Br | 2.64 × 3.63 m | — | 3rd |
| Primary | 3.45 × 3.63 m | — | 3rd |
Listing history
Buy/sell history for 786 Springbank Dr, 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 | $599,900 | N/A | Pc | X14107262 |
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
- $119,980
- Total mortgage amount
- $479,920
- Total interest payment
- $341,180
- Total purchase cost
- $941,080
- Mortgage payment
- $2,737/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
62%Monthly carrying cost
$3,141- Rent $1,700
- Shortfall $1,441
Rental income opens at $1,700, the median asking rent of 21 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
- $8,473
- Total land transfer tax
- $8,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,473
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 $599,900
- $3,998
- Ontario total
- $8,473
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
- Lot area
- 8,700 sq ft808 m²
- Street frontage
- 50 ft15.2 m
- Depth
- 174 ft53 m
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.
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 m2 test or monitoring holes also recorded.250 m
- Groundwater recorded about 22.1 m below ground nearbyThe middle water level in the well records within 500 m (10 records). It changes with the season and from spot to spot.500 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
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- 2 licensed pits or quarries within 2 kmThe nearest is 930 m 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 CanadaThe nearest is Corporation of the City of London — Greenway Pollution Control Centre, 2.5 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 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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 C right now
- For sale now
- 5
- Median asking price
- $800K
- New in 7 days
- 1
- Price cuts
- 20%
Middle half: $630K to $950K
2 in 28 days
1 listing
This home is asking 25% below the median, lower than three quarters of them.
See all homes in South CAsking 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Woodland Heights Public SchoolThames Valley DSB | Public · grades JK–8 | 1.6 km | 69%Grade 6 average |
| St. Rose of Lima Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.7 km | 81%Grade 6 average |
| West Oaks French Immersion Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 1.7 km | 88%Grade 6 average |
| École élémentaire catholique Frère AndréConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 2.1 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Saunders Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.7 km | 46%Grade 9 math |
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 2.2 km | 64%Grade 9 math |
| St Thomas Aquinas Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 2.8 km | 64%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 8.6 km | 57%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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Sold prices in South C are shown to signed-in members.