- Bedrooms
- 4
- Bathrooms
- 4
- Size
- 2,500–3,000sq ft
- Per sq ft
- $387at the range’s middle
- Lot
- 40 x 111.8 ft
- Built
- New
- Parking
- 42 attached
- Days on market
- Members
The brief
About Lot 31 Virtue Dr
Lot 31 Virtue Dr is a 4-bedroom, 4-bathroom detached house in South B, London South, listed for sale at an asking price of $1,065,000 (MLS® X12056767).
Step into "The Hawthorn," a beautifully designed home offering 2,588 square feet of sophisticated living space. The main floor has a welcoming layout, with a spacious great room that flows seamlessly into the kitchen and dining space, creating an inviting atmosphere perfect for both daily living and entertaining. A main floor office provides a quiet and productive space, ideal for remote work or study. The kitchen features premium finishes and ample storage. "The Hawthorn" includes four generously sized bedrooms, each offering plenty of space and natural light. The primary suite provides both comfort and privacy, with an ensuite bathroom designed for relaxation. The home also features 3 and a half bathrooms, ensuring convenience for everyone in the household. With a two-car garage and a stylish brick and stone exterior, "The Hawthorn" has excellent curb appeal. The full basement offers exciting future potential, with rough-ins in place for a future bedroom and additional living space, allowing you to customize the layout to suit your needs.This home is thoughtfully designed to accommodate the demands of modern living while maintaining a welcoming, family-friendly feel. **Purchase price includes proposed 2026 HST rebates** More floorplan options available!
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall19/100−$2,009/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. This record states no property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- MLS® number
- X12056767
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- New
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 40 x 111.8 ft
- Listed on
- Parking
- 2 Attached, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- South B
- Municipality
- London South
Building
- Size
- 2500-3000 sqft
- Building Age
- New
- Construction
- Stone
Inside
- Bedrooms
- 4
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Main, 1 × 3pc Upper, 1 × 4pc Upper, 1 × 5pc Upper
- Basement Type
- Full
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 2
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 40 ft
- Depth
- 111.8 ft
- Lot Size
- 40 x 111.8 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Shingles
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for Lot 31 Virtue 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 | $1,065,000 | N/A | Pc | X12056767 |
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
- $213,000
- Total mortgage amount
- $852,000
- Total interest payment
- $605,700
- Total purchase cost
- $1,670,700
- Mortgage payment
- $4,859/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
53%Monthly carrying cost
$4,859- Rent $2,850
- Shortfall $2,009
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
- $17,775
- Total land transfer tax
- $17,775
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $13,775
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 $1,065,000
- $13,300
- Ontario total
- $17,775
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
- 4,472 sq ft415 m²
- Street frontage
- 40 ft12.2 m
- Depth
- 111.8 ft34.1 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
- 5 water-supply wells recorded within 250 mAll were drilled for domestic use; 5 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 10.1 m.250 m
- Groundwater recorded about 6.4 m below ground nearbyThe middle water level in the well records within 500 m (45 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
- 1 licensed pit or quarry within 2 kmThe nearest is 580 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 — Oxford Pollution Control Plant, 2.2 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 120 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (120 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.120 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Execulink, NFTC, Rogers. 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 B right now
- For sale now
- 35
- Median asking price
- $1.05M
- New in 7 days
- 5
- Price cuts
- 40%
Middle half: $914K to $1.1M
10 in 28 days
14 listings
This home is asking 2% above the median.
See all homes in South BAsking 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 |
|---|---|---|---|
| St. Nicholas Senior Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 900 m | 86%Grade 6 average |
| Byron Northview Public SchoolThames Valley DSB | Public · grades JK–8 | 2.4 km | 74%Grade 6 average |
| St Theresa Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 2.8 km | 78%Grade 6 average |
| École élémentaire Marie-CurieConseil scolaire Viamonde | French-language public · grades JK–6 | 3.6 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Thomas Aquinas Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 2.8 km | 64%Grade 9 math |
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 4.7 km | 64%Grade 9 math |
| Saunders Secondary SchoolThames Valley DSB | Public · grades 9–12 | 6.5 km | 46%Grade 9 math |
| St. Andre Bessette Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 6.7 km | 70%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 B are shown to signed-in members.