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For SaleDetached · BungalowMLS® #X14179590 · TRREB MLS®

1022 Thornley St, London South, Ontario

South L, London South, Ontario N6K 4V6

Bedrooms
4
Lot Size
46.19 x 174.23 ft
Bathrooms
4
Type
Detached
Basement
Finished

$828,500

Estimated market value

About 1022 Thornley St

1022 Thornley St is a 4-bedroom, 4-bathroom detached house in South L, London South, listed for sale at an asking price of $828,500 (MLS® X14179590).

Exceptional Westmount Home with an Incredible Backyard Retreat! Welcome to this meticulously maintained and thoughtfully updated home, nestled on a desirable street in the sought-after Westmount neighbourhood. From the moment you enter, you'll appreciate the attention to detail, tasteful finishes and rich engineered hardwood flooring that extends throughout the main living areas and bedrooms.Offering four generously sized bedrooms, two full bathrooms and a convenient powder room on the main level, this home provides plenty of space for family living. The finished lower level offers even more room to enjoy, featuring an inviting recreation room, games room, dedicated exercise room, an additional three-piece bathroom and an abundance of storage.Step outside and discover your own private backyard retreat! The spectacular inground pool, installed in 2021, is surrounded by extensive stone decking, representing an investment of over $100,000. The fully fenced yard is enhanced by evergreen trees that provide a wonderful natural backdrop and an added sense of privacy. Whether entertaining family and friends or enjoying a quiet summer afternoon, this outdoor space is designed to be enjoyed.Car enthusiasts will appreciate the double-car garage, complete with a vehicle hoist providing space for a third vehicle, along with a generous driveway offering parking for multiple vehicles.Located in an established Westmount neighbourhood, with welcoming neighbours and scenic walking paths just a short stroll away, this property offers an exceptional combination of comfort, quality and lifestyle.A home that has been lovingly cared for, thoughtfully improved and is ready for its next chapter!

Insights

  • Condition Score

    Good
    73out of 100

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    25out of 100

    −$1,518/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 24 detached homes with 4 bedrooms for lease in London South right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$7,359 / 2025
MLS® number
X14179590
Board
TRREB MLS®
Property Type
Detached
Building Age
16-30
Days on market
Size
2000-2500 sqft
Lot Size
46.19 x 174.23 ft
Listed on
Parking
3 Attached, 7 Parking
Listing brokerage: KELLER WILLIAMS LIFESTYLESData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 1022 Thornley St, London South, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Dates and closing prices are shown to signed-in members.

Date StartDate EndList PricePriceEventListing ID
Date Start——$828,500—For SaleX14179590

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.

Property details

Property

Property Type
Detached
Style
Bungalow
Community
South L
Municipality
London South

Building

Size
2000-2500 sqft
Building Age
16-30
Construction
Brick

Inside

Bedrooms
4
Bathrooms
4
Bathroom Details
1 × 4pc Main, 1 × 2pc Main, 1 × 4pc Main, 1 × 3pc Bsmt
Basement Type
Finished
Kitchens
1

Parking

Driveway
Inside Entry
Garage Type
Attached
Garage
3
Additional Parking
4
Total Parking
7

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
46.19 ft
Depth
174.23 ft
Lot Size
46.19 x 174.23 ft

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
Indoor
Den
No
Family room
No
Extras
Fridge, Stove, Dishwasher, Washer, Dryer, Microwave on main floor. Stove in Basement, All pool equipment, safety cover, solar blanket, car hoist, front hall white cabinet, electric fireplace in basement and TV on top, All wall mounts for T.V's All window coverings and blinds

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Map and tour

Detached homes for sale in South L right now

For sale now
10
Median asking price
$1.19M

Middle half: $844K to $1.45M

This home is asking 31% below the median, lower than three quarters of them.

See all homes in South L

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Land transfer tax on this home

Ontario land transfer tax
$13,045
Total land transfer tax
$13,045
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$9,045
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $828,500
$8,570
Ontario total
$13,045

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St. Rose of Lima Separate SchoolLondon District Catholic School BoardCatholic · grades JK–81.3 km81%Grade 6 average
École élémentaire La PommeraieConseil scolaire ViamondeFrench-language public · grades JK–61.3 km77%Grade 6 average
Westmount Public SchoolThames Valley DSBPublic · grades JK–81.4 km71%Grade 6 average
Byron Somerset Public SchoolThames Valley DSBPublic · grades JK–81.4 km85%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Saunders Secondary SchoolThames Valley DSBPublic · grades 9–121.5 km46%Grade 9 math
Westminster Secondary SchoolThames Valley DSBPublic · grades 9–123.1 km38%Grade 9 math
St Thomas Aquinas Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–123.5 km64%Grade 9 math
Oakridge Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion3.7 km64%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Lot

Street frontage
46.19 ft14.1 m
Depth
174.23 ft53.1 m

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $165,700

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$165,700
Total mortgage amount
$662,800
Total interest payment
$471,200
Total purchase cost
$1,299,700
Mortgage payment
$3,780/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

52%

Monthly carrying cost

$4,393
−$1,518per month
  • Rent $2,875
  • Shortfall $1,518

Rental income opens at $2,875, the median asking rent of 24 comparable homes for lease in London South. Type over it with the rent you expect. This is a planning tool, not advice.

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Sold prices in South L are shown to signed-in members.

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