27 Gerald Cres is a 3-bedroom, 2-bathroom detached home in London, listed for $574,900. It has 1100-1500 sq ft of living space.
1Walk into your bright main floor featuring well appointed living room with pot lights, dinning room and spacious chef kitchen with stainless steel appliances and back splash.
2The 2nd floor offers a large primary bedroom with a private ensuite and walk-in closet.
3Finished basement includes a spacious recreation room, roughed-in bathroom, storage and laundry rooms.
Attention First Time Buyers and investors! Welcome to 27 Gerald Crescent! This very affordable and nicely maintained 3 bedrooms, 2.5 bathrooms two-storey home is located in the desirable Pond Mills neighbourhood. Enjoy living on a quiet crescent just minutes to many amenities including Victoria hospital, downtown, shopping, parks and schools. Appreciate your carpet-free main and second floors for easy maintenance! Walk into your bright main floor featuring well appointed living room with pot lights, dinning room and spacious chef kitchen with stainless steel appliances and back splash. The 2nd floor offers a large primary bedroom with a private ensuite and walk-in closet. Other 2 bedrooms and full bathroom completes the 2nd level. Finished basement includes a spacious recreation room, roughed-in bathroom, storage and laundry rooms. Relish fresh air in your front porch. Sliding doors leads to a large deck where you can enjoy your quiet and fully-fenced backyard, flanked by mature trees, perfect for relaxing or entertaining. Parking for 3 vehicles with an attached single garage and double driveway. Recent updates include the furnace and A/C unit, some windows and shingles (Nov. 2020). Six (6) appliances included in the sale in 'as is' condition. Easy access to airport, Hwy 401/402. A move-in-ready home offering excellent value and space!
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $523 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 27 Gerald Cres
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Full, Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Full · Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
27 Gerald Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,824
/mo
based on the purchase price of $574,900
$114,980 cash
$459,920 financed
$387,373 total interest
Principal54%$459,920
Interest46%$387,373
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in London
Other 2–3 bed homes for sale in London around $575K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,434Homes for sale here right now.
Median vs prior 90 days−1.8%Compared with May 2 – Jul 31, 2026: prices down.
Based on 1,738 sales from Jul 31 – Oct 29, 2026 (1,496 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 27 Gerald Cres
How much is 27 Gerald Cres listed for?
27 Gerald Cres is listed at $574,900 (MLS® X14127544). Summitly updates the price as soon as the MLS® record changes.
Is $574,900 a good price for 27 Gerald Cres?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 27 Gerald Cres changed?
No — 27 Gerald Cres is still listed at its original asking price of $574,900.
How many bedrooms and bathrooms does 27 Gerald Cres have?
27 Gerald Cres has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 27 Gerald Cres?
About $2,824 a month — principal and interest on $574,900 with 20% down ($114,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 27 Gerald Cres compare with other homes in London?
Its asking price of $574,900 is about 3% above the median sold price in London over the last 90 days, $560,000, across 1,738 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 27 Gerald Cres been sold before?
Yes — Summitly has 1 earlier MLS® listing of 27 Gerald Cres on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 27 Gerald Cres?
27 Gerald Cres is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 27 Gerald Cres been on the market?
27 Gerald Cres was listed today (October 29, 2026).
What is the price per square foot of 27 Gerald Cres?
About $383 to $523 per square foot: the asking price of $574,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 27 Gerald Cres have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 27 Gerald Cres have a basement, and is it finished?
The listing describes the basement as: Full, Partially Finished.
