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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 Listed 4 days ago

    56 Forbes Street

    South E·London South, ON·N6J 1L5·Near Wharncliffe Rd. S. and Tecumseh Rd. W.

    • 3 beds
    London South real estate›X13541754
    • 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

    Welcome to 56 Forbes Street! Located on a quiet dead-end street in the heart of London, this home is an excellent opportunity for first-time buyers and investors.This move-in ready and affordable home features 3 bedrooms, 1.5 bathrooms, a partially finished basement with a separate entrance, and a fully-fenced backyard. The main floor offers a functional kitchen with ample storage, a bright living and dining area with original hardwood floors, two generously sized bedrooms, and a 4-piece bathroom. Upstairs, you'll find a spacious third bedroom with a large dressing area with built in storage cabinets.The lower level is mostly finished and includes a large open family room for lots of extra living space, a powder room, and plenty of storage. Outside, the fully fenced backyard has a large patio area, a large garden shed, and convenient direct access to the basement. Located within close proximity to lots of amenities, bus routes, parks, and playgrounds. Recent Updates Include: Furnace (2023), Main Floor Bedroom Windows (2022).

    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
    Jul 9, 2026ListedCurrentFor sale$469,900 —X13541754This page
    Jun 17, 2026Previously listedTer$489,900 —X13456236View
    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.

    📍 56 Forbes Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Ravine
    • 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
    $2,308
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $222
    0.57% 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
      $636,829
      Last 30 days
    • Median sold price
      $582,250
      Middle of the market
    • Days on market
      36 d
      Avg from list to close
    • Closed last 30d
      608
      MLS® transactions
    Full London South market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 56 Forbes Street — 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 56 Forbes Street 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 56 Forbes Street listed for?

      56 Forbes Street is listed at $469,900 on the MLS® (listing X13541754). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 56 Forbes Street 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. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. Built 100+
  5. Asking
    $469,900
    $0 / sqft · MLS® X13541754
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $636,829
    $585,883Confidence range$687,775
    Asking vs estimate
    ↓below
    −$166,929
    (-26.2%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in London South sell in about 36 days — this one has been listed 4 days.

    Avg sold price
    $636,829
    Median sold
    $582,250
    Avg days on market
    36
    Recently sold
    608
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    Welcome to 56 Forbes Street!
  7. The main floor offers a functional kitchen with ample storage, a bright living and dining area with original hardwood floors, two generously sized bedrooms, and a 4-piece bathroom.
  8. Outside, the fully fenced backyard has a large patio area, a large garden shed, and convenient direct access to the basement.
  9. Located within close proximity to lots of amenities, bus routes, parks, and playgrounds.
  10. Ask Zara a follow-up
    Sewer
  11. Parking & garage

    3
    Garage
    None
    Parking spaces
    2
    Driveway
    Private Double, Private
  12. Interior

    5
    Basement
    Full, Separate Entrance, Walk-Up
    Family room
    Y
    Kitchens
    1
    Total rooms
    7
    Laundry level
    Lower Level
  13. Exterior & construction

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

    1
    Year built
    100+
  15. Listing & possession

    3
    Occupancy
    Flex/Immediate
    Property style
    1 1/2 Storey
    Property class
    Detached
  16. Room-by-room · 12 rooms

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

    Room dimensions

    Main level

    5 rooms
    • Bedroom 2
      hardwood floor · carpet free
      11.5 × 10.8 ft
    • Living Room
      combined w/dining · hardwood floor · carpet free
      11.5 × 18.5 ft
    • Kitchen
      7.7 × 13.3 ft
    • Bedroom
      hardwood floor · carpet free
      9.0 × 10.3 ft
    • Bathroom
      4 Pc Bath
      6.6 × 5.4 ft

    Second level

    2 rooms
    • Bedroom 3
      14.2 × 15.0 ft
    • Other
      Closet
      11.5 × 14.0 ft

    Basement level

    5 rooms
    • Workshop
      11.1 × 9.0 ft
    • Utility Room
      11.1 × 16.0 ft
    • Other
      6.0 × 5.2 ft
    • Bathroom
      2 Pc Bath
      7.7 × 4.6 ft
    • Family Room
      Combined w/Rec
      11.5 × 29.7 ft
    Combined estimate
    $2,530
    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
    $2,308
    /mo
    based on the purchase price of $469,900
    $93,980 cash
    $375,920 financed
    $316,623 total interest
    Monthly payment$2,308/ month
    Principal54%$375,920
    Interest46%$316,623

    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.

    • 4067 Winterberry Drive
      Sold
      Sign in for price
      4067 Winterberry Drive
      Detached
    • 81 Beechbank Crescent
      Sold
      Sign in for price
      81 Beechbank Crescent
      Detached
    • 30 Gerald Crescent
      Sold
      Sign in for price
      30 Gerald Crescent
      Detached
    • 3 Holborn Avenue
      Sold
      Sign in for price
      3 Holborn Avenue
      Detached
    • 39 Gerrard Street
      Sold
      Sign in for price
      39 Gerrard Street
      Detached
    • 1093 Viscount Road
      Sold
      Sign in for price
      1093 Viscount Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    56 Forbes StreetThis home3 / 211,001,500$469,900ask———
    4067 Winterberry Drive5 / 53,000—
    81 Beechbank Crescent3 / 2700—
    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.

    • 3 Johnston Street
      $514,900
      3 Johnston Street
      Detached 3 1
    • 58 HARCROFT Crescent
      $499,900
      58 HARCROFT Crescent
      Detached 3 2
    • 407 Vermont Avenue
      $529,900
      407 Vermont Avenue
      Detached 3 2
    • 316 RIDGEWOOD Crescent
      $474,900
      316 RIDGEWOOD Crescent
      Detached 4 2
    • 176 Renfro Crescent
      $499,900
      176 Renfro Crescent
      Detached 3 1
    • 198 Arlington Crescent
      $519,900
      198 Arlington Crescent
      Detached 3 2
    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 KELLER WILLIAMS LIFESTYLES · displayed on Summitly per MLS® data-share rules

    56 Forbes Street is a 3-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 56 Forbes Street built?

    56 Forbes Street was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 56 Forbes Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 56 Forbes Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 56 Forbes Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $469,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 56 Forbes Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 56 Forbes Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 56 Forbes Street in?

    56 Forbes Street is in South E, 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. 30 Gerald Crescent
    3 / 2
    1,100
    —
    3 Holborn Avenue2 / 1700—
    39 Gerrard Street4 / 21,100—
    1093 Viscount Road4 / 31,500—