Attention investors, Builders and Contractors Renovators! Prime location, trendy growing area, solid potential, this bungalow is ready for your personal touch. The property is close to transit, amenities and downtown. Strong potential for rental with separate entrances. With a little TLC, this property can truly shine and unlock even greater returns. Important updates include roof (2010), siding, doors and windows (2011), furnace and A/C (2011), rental water heater (2012), and attic insulation (2014), helping reduce major capital costs. Add value, build equity, and capitalize on the upside this amazing property offers. Great opportunity for making an additional Residential Unit at the back. Properties as is, where is.
4 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $464 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 565 South St S
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
Crawl Space
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
565 South St S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13734730$324,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 565 South St S 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
$1,597
/mo
based on the purchase price of $324,999
$65,000 cash
$259,999 financed
$218,987 total interest
Principal54%$259,999
Interest46%$218,987
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 $325K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,490Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 1,748 sales from Jul 25 – Oct 23, 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 565 South St S
How much is 565 South St S listed for?
565 South St S is listed at $324,999 (MLS® X13734730). Summitly updates the price as soon as the MLS® record changes.
Is $324,999 a good price for 565 South St S?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% 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 565 South St S changed?
No — 565 South St S is still listed at its original asking price of $324,999.
How many bedrooms and bathrooms does 565 South St S have?
565 South St S has 4 bedrooms and 2 bathrooms, 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 565 South St S?
About $1,597 a month — principal and interest on $324,999 with 20% down ($65,000), 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 565 South St S compare with other homes in London?
Its asking price of $324,999 is about 42% below the median sold price in London over the last 90 days, $560,000, across 1,748 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 565 South St S been sold before?
Summitly has no earlier MLS® sale or lease of 565 South St S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 565 South St S?
565 South St S is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 565 South St S been on the market?
52 days — 565 South St S was listed on September 1, 2026.
What is the price per square foot of 565 South St S?
About $295 to $464 per square foot: the asking price of $324,999 over the 700–1,100 sq ft the listing gives as its size range.
Does 565 South St S have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 565 South St S have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
