Welcome to desirable Oakridge! This charming 3-bedroom bungalow offers a wonderful opportunity to enjoy comfortable one-floor living in a sought-after West London neighbourhood. Situated on a large, private lot, this home combines inviting living spaces with plenty of potential to make it your own. Inside, you'll find gleaming hardwood floors throughout the living room, dining room, and bedrooms, adding warmth and timeless appeal. The bright and spacious kitchen offers plenty of cupboard space, providing ample room for everyday cooking. With three bedrooms and two bathrooms, there's flexibility for families, first-time buyers, downsizers, or those looking for a property with room to grow. The lower level presents exciting development potential, offering the opportunity to create additional living space tailored to your needs. Whether you envision a recreation room, home office, hobby space, or extra room for guests, the possibilities are yours to explore! Just a short walk from the Oakridge Optimist Community Centre and nearby public and Catholic elementary schools. With its established neighbourhood setting, generous outdoor space, and excellent potential, this bungalow is a fantastic opportunity to settle into one of West London's popular communities. Whether you're searching for your first home, looking to downsize, or hoping to add your personal touch to a property in a great location, this home is full of possibilities. Don't miss your chance to make it yours! Some pictures have been virtually staged.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $459 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 601 Sherene Terr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
3 spaces
Basement
Development Potential
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Development Potential
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
601 Sherene Terr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14129340$504,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 601 Sherene Terr 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
$2,480
/mo
based on the purchase price of $504,900
$100,980 cash
$403,920 financed
$340,207 total interest
Principal54%$403,920
Interest46%$340,207
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.
For homeowners nearby
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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 $505K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,459Homes for sale here right now.
Median vs prior 90 days−1.8%Compared with May 2 – Jul 31, 2026: prices down.
Based on 1,737 sales from Jul 31 – Oct 29, 2026 (1,496 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 601 Sherene Terr
How much is 601 Sherene Terr listed for?
601 Sherene Terr is listed at $504,900 (MLS® X14129340). Summitly updates the price as soon as the MLS® record changes.
Is $504,900 a good price for 601 Sherene Terr?
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 601 Sherene Terr changed?
No — 601 Sherene Terr is still listed at its original asking price of $504,900.
How many bedrooms and bathrooms does 601 Sherene Terr have?
601 Sherene Terr 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 601 Sherene Terr?
About $2,480 a month — principal and interest on $504,900 with 20% down ($100,980), 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 601 Sherene Terr?
Yes — Saturday, October 31, 11:00 AM – 1:00 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 601 Sherene Terr compare with other homes in London?
Its asking price of $504,900 is about 10% below the median sold price in London over the last 90 days, $560,000, across 1,737 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 601 Sherene Terr been sold before?
Summitly has no earlier MLS® sale or lease of 601 Sherene Terr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 601 Sherene Terr?
601 Sherene Terr is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 601 Sherene Terr been on the market?
601 Sherene Terr was listed today (October 29, 2026).
What is the price per square foot of 601 Sherene Terr?
About $337 to $459 per square foot: the asking price of $504,900 over the 1,100–1,500 sq ft the listing gives as its size range.
