Welcome to 465 Averill Crescent, a brick ranch tucked along a quiet crescent in Old South, one of London's lovely established neighbourhoods. This single owner home has been loved by the same family since 1960. With large windows that bring plenty of natural light into the home, a practical layout and so much potential to make it your own, this property has plenty to offer.The main floor features three bedrooms, a four-piece bathroom and a bright living room with a gas fireplace. The separate dining room offers space to gather, while the eat-in kitchen provides another spot for everyday meals. A door from the dining room leads directly to the backyard, making it easy to take dinner outside or step out to enjoy the garden.The lower level offers a large rec room with built-ins and plenty of space for relaxing or entertaining. There is another room that could be used as a workout room or den, alongside a three-piece bathroom. A large storage and utility room provides additional space to keep things organized.Outside, the south facing backyard is surrounded by beautiful mature trees and established landscaping, with room to garden, entertain or simply enjoy the setting. A detached single-car garage and a large driveway with plenty of parking space complete the property. A wonderful opportunity to bring your ideas to a home in one of London's best neighbourhoods.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $500 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.Ask Zara a follow-up
Inside 465 Averill Cres
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Full, Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Full · Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
465 Averill 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® X13885390$549,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 465 Averill 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
$2,701
/mo
based on the purchase price of $549,900
$109,980 cash
$439,920 financed
$370,528 total interest
Principal54%$439,920
Interest46%$370,528
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 2–3 bed homes for sale in London around $550K.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio97.4%On average, homes sold below asking.
Active listings2,414Homes for sale here right now.
Median vs prior 90 days−0.4%Compared with Apr 14 – Jul 13, 2026: prices down.
Based on 1,851 sales from Jul 13 – Oct 11, 2026 (1,395 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 465 Averill Cres
How much is 465 Averill Cres listed for?
465 Averill Cres is listed at $549,900 (MLS® X13885390). Summitly updates the price as soon as the MLS® record changes.
Is $549,900 a good price for 465 Averill 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 465 Averill Cres changed?
No — 465 Averill Cres is still listed at its original asking price of $549,900.
How many bedrooms and bathrooms does 465 Averill Cres have?
465 Averill 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 465 Averill Cres?
About $2,701 a month — principal and interest on $549,900 with 20% down ($109,980), 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 465 Averill Cres compare with other homes in London?
Its asking price of $549,900 is about 2% below the median sold price in London over the last 90 days, $562,500, across 1,851 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 465 Averill Cres been sold before?
Summitly has no earlier MLS® sale or lease of 465 Averill Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 465 Averill Cres?
465 Averill Cres is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 465 Averill Cres been on the market?
1 day — 465 Averill Cres was listed on October 10, 2026.
What is the price per square foot of 465 Averill Cres?
About $367 to $500 per square foot: the asking price of $549,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 465 Averill Cres have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 465 Averill Cres have a basement, and is it finished?
The listing describes the basement as: Full, Partially Finished.
