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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 16 days

    3181 Gristmill Lane

    South V·London South, ON·N6P 0C1·Near TILLMAN RD & SOUTHDALE

    • 4 beds
    London South real estate›X13439650
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    A true home corner lot in the heart of Talbot Village in southwest London look no further as this home contains spectacular finishes throughout all levels including custom built cabinetry with fabulous granite counters and an amazing Butlers pantry connected to it. Enjoy year round the open concept living area and family room on main floor with large windows allowing light to continually flow through the home! Upper level offers a Primary Suite with tray ceiling, walk-in closet, and spa-like Ensuite with dual sinks, tub, and glass walk-in shower. Three additional Bedrooms and a 3-piece Bathroom upstairs. Finished lower level adds additional living space with a large Rec Room, bar , custom built-ins, 5th Bedroom, 3-piece Bath. there are numerous sports fields, playgrounds, a YMCA and Boler Mountain near-by. Don't miss this chance to let your family enjoy all that Talbot Village has to offer. Prime location with easy access to the 402 located within walking distance too local shops, restaurants and amenities.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 12, 2026ListedCurrentFor sale$1,100,000 —X13439650This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 3181 Gristmill Lane
    What's nearby

    Points of interest classified by the MLS® feed.

    • Fenced Yard
    • Park
    • Public Transit
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $5,404
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $728
    0.79% mill rate · ON
    The market

    How this home sits in the London South market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The London South market right now

    Average sold price, days on market, and closed-transaction count for London South — sourced from MLS®.

    • Avg sold price
      $639,633
      Last 30 days
    • Median sold price
      $584,714
      Middle of the market
    • Days on market
      36 d
      Avg from list to close
    • Closed last 30d
      594
      MLS® transactions
    Full London South market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 3181 Gristmill Lane — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 3181 Gristmill Lane and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 3181 Gristmill Lane listed for?

      3181 Gristmill Lane is listed at $1,100,000 on the MLS® (listing X13439650). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 3181 Gristmill Lane have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 4 baths
  2. 2500-3000 sqft
  3. Detached
  4. Built 6-15
  5. Asking
    $1,100,000
    $0 / sqft · MLS® X13439650
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $754,767
    $694,386Confidence range$815,148
    Asking vs estimate
    ↑↑well-above
    +$345,233
    (+45.7%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in London South sell in about 36 days — this one has been listed 16 days.

    Avg sold price
    $639,633
    Median sold
    $584,714
    Avg days on market
    36
    Recently sold
    594
    See comparable sales
    Enjoy year round the open concept living area and family room on main floor with large windows allowing light to continually flow through the home!
  7. Upper level offers a Primary Suite with tray ceiling, walk-in closet, and spa-like Ensuite with dual sinks, tub, and glass walk-in shower.
  8. Three additional Bedrooms and a 3-piece Bathroom upstairs.
  9. Finished lower level adds additional living space with a large Rec Room, bar , custom built-ins, 5th Bedroom, 3-piece Bath. there are numerous sports fields, playgrounds, a YMCA and Boler Mountain near-by.
  10. Ask Zara a follow-up
    None
  11. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    6
    Driveway
    Available
  12. Interior

    5
    Basement
    Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    9
    Laundry level
    Main Level
  13. Exterior & construction

    4
    Exterior
    Brick, Shingle
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    None
  14. Lot & land

    2
    Year built
    6-15
    Zoning
    R2-1, R4-3
  15. Listing & possession

    4
    Possession
    2026-08-31T00:00:00.000-00:00
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Detached
  16. Room-by-room · 6 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    6 rooms
    • Bathroom
      2 Pc Bath
      5.2 × 5.0 ft
    • Kitchen
      16.1 × 11.5 ft
    • Great Room
      17.5 × 16.1 ft
    • Dining Room
      9.7 × 13.4 ft
    • Laundry
      8.7 × 6.1 ft
    • Foyer
      17.4 × 5.2 ft
    Combined estimate
    $6,132
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $5,404
    /mo
    based on the purchase price of $1,100,000
    $220,000 cash
    $880,000 financed
    $741,191 total interest
    Monthly payment$5,404/ month
    Principal54%$880,000
    Interest46%$741,191

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in London South

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 107 Golfdale Place
      Sold
      Sign in for price
      107 Golfdale Place
      Detached
    • 142 Ridout Street
      Sold
      Sign in for price
      142 Ridout Street
      Detached
    • 190 Gladman Avenue
      Sold
      Sign in for price
      190 Gladman Avenue
      Detached
    • 4252 Liberty Cross
      Sold
      Sign in for price
      4252 Liberty Cross
      Detached
    • 497 Old Wonderland Road
      Sold
      Sign in for price
      497 Old Wonderland Road
      Detached
    • 27 Foxcroft Crescent
      Sold
      Sign in for price
      27 Foxcroft Crescent
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    3181 Gristmill LaneThis home4 / 425,003,000$1,100,000ask———
    107 Golfdale Place4 / 21,500—
    142 Ridout Street3 / 21,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in London South

    Active listings within ±20% of this asking price.

    • 1336 BIRCHWOOD Drive
      $929,900
      1336 BIRCHWOOD Drive
      Detached 4 4
    • 6863 Heathwoods Avenue
      $949,900
      6863 Heathwoods Avenue
      Detached 3 2
    • 7290 Silver Creek Circle
      $1,299,900
      7290 Silver Creek Circle
      Detached 4 4
    • 944 Trailsway Avenue
      $1,148,000
      944 Trailsway Avenue
      Detached 4 5
    • 1765 Brayford Avenue
      $949,000
      1765 Brayford Avenue
      Detached 3 4
    • 6537 Old Garrison Boulevard
      $1,099,000
      6537 Old Garrison Boulevard
      Detached 3 5
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  17. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  18. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  19. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  20. Public listing courtesy of STREETCITY REALTY INC. · displayed on Summitly per MLS® data-share rules

    3181 Gristmill Lane is a 4-bedroom, 4-bath, 2500-3000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 3181 Gristmill Lane built?

    3181 Gristmill Lane was built in 6-15. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 3181 Gristmill Lane?

    The 'Property tax' tab in the History section shows the most recent annual tax for 3181 Gristmill Lane plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 3181 Gristmill Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,100,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 3181 Gristmill Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 3181 Gristmill Lane with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 3181 Gristmill Lane in?

    3181 Gristmill Lane is in South V, London South. The 'Neighbourhood' section below links to the live London South real estate hub with average sold price, days on market, and current inventory.

  26. Is London South a good place to live?

    London South is one of ON's actively-tracked Summitly markets. The full London South real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  27. 190 Gladman Avenue
    3 / 1
    700
    —
    4252 Liberty Cross3 / 31,500—
    497 Old Wonderland Road4 / 42,000—
    27 Foxcroft Crescent4 / 32,000—