39 Gerald Cres is a 3-bedroom, 1-bathroom detached home in London, listed for $499,900. It has 700-1100 sq ft of living space.
1Situated on a generous pie-shaped lot, this home offers plenty of outdoor space.
2The kitchen features oak cabinetry, a skylight, and convenient pantry.
3Downstairs, the finished basement provides additional living space, complete with a versatile rec room, separate workshop complete with workbench, a dedicated storage room, and a separate utility and laundry room.
Welcome to 39 Gerald Cres, a solid all-brick bungalow nestled on a quiet street. Situated on a generous pie-shaped lot, this home offers plenty of outdoor space. The kitchen features oak cabinetry, a skylight, and convenient pantry. Downstairs, the finished basement provides additional living space, complete with a versatile rec room, separate workshop complete with workbench, a dedicated storage room, and a separate utility and laundry room. The furnace and AC have been serviced annually, offering peace of mind. With its spacious lot, versatile one floor layout, and ample room to make it your own, this property is full of opportunity!
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $714 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 39 Gerald Cres
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
2 spaces
Basement
Finished
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
39 Gerald Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14106990$499,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 39 Gerald Cres Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$2,456
/mo
based on the purchase price of $499,900
$99,980 cash
$399,920 financed
$336,838 total interest
Principal54%$399,920
Interest46%$336,838
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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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in London
Other 3–4 bed homes for sale in London around $500K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,483Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 1,772 sales from Jul 24 – Oct 22, 2026 (1,468 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 39 Gerald Cres
How much is 39 Gerald Cres listed for?
39 Gerald Cres is listed at $499,900 (MLS® X14106990). Summitly updates the price as soon as the MLS® record changes.
Is $499,900 a good price for 39 Gerald Cres?
Summitly rates it Well Above Market: the asking price is 15% or more 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 39 Gerald Cres changed?
No — 39 Gerald Cres is still listed at its original asking price of $499,900.
How many bedrooms and bathrooms does 39 Gerald Cres have?
39 Gerald Cres has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 39 Gerald Cres?
About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), 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.
Are there open houses at 39 Gerald Cres?
Yes — Saturday, October 24, 2:00 PM – 4:00 PM; Sunday, October 25, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 39 Gerald Cres compare with other homes in London?
Its asking price of $499,900 is about 11% below the median sold price in London over the last 90 days, $560,000, across 1,772 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 39 Gerald Cres been sold before?
Summitly has no earlier MLS® sale or lease of 39 Gerald Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 39 Gerald Cres?
39 Gerald Cres is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 39 Gerald Cres been on the market?
39 Gerald Cres was listed today (October 22, 2026).
What is the price per square foot of 39 Gerald Cres?
About $454 to $714 per square foot: the asking price of $499,900 over the 700–1,100 sq ft the listing gives as its size range.
