For SaleTriplex · 2-StoreyMLS® #X14176730 · TRREB MLS®
29 Springbank Dr, London South, Ontario
South E, London South, Ontario N6J 1E1
- Bedrooms
- 4
- Lot Size
- 50 x 175 ft
- Bathrooms
- 3
- Type
- Triplex
- Basement
- Full
$669,900
Estimated market value
About 29 Springbank Dr
29 Springbank Dr is a 4-bedroom, 3-bathroom triplex in South E, London South, listed for sale at an asking price of $669,900 (MLS® X14176730).
LEGAL/LICENSED triplex with permits in place for duplex ARU build in rear yard! Excellent opportunity for those looking to live in with a mortgage helper or for investors looking to expand their portfolio with significant upside! Inside you will find 2 out of 3 units vacant. 1x 2 bed/1 bath, previously rented for $2050/month, 1x bachelor unit which could rent for an estimated $1100/month and one excellent legacy tenant. Most big ticket items have been completed in the time the owner has owned this property including, but not limited to: updated electrical, updated plumbing, attic and basement insulation, almost all windows, hot water tanks are owned, all units renovated, not to mention almost $20,000 spent for duplex plans and permits. This property is in an excellent A+ location, walking distance to Wortley Village, downtown AND park trails. Bus to Western University is just around the corner. Large detached garage and 5 parking spots! Large 50x175 lot.
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$624/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 39 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
- $4,405 / 2025
- MLS® number
- X14176730
- Board
- TRREB MLS®
- Property Type
- Triplex
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 50 x 175 ft
- Listed on
- Parking
- 1 Detached, 6 Parking
Listing history
Buy/sell history for 29 Springbank Dr, 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 Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $669,900 | — | For Sale | X14176730 |
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
- Triplex
- Style
- 2-Storey
- Community
- South E
- Municipality
- London South
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4
- Bathrooms
- 3
- Bathroom Details
- 1 × 3pc Main, 1 × 4pc Main, 1 × 3pc 2nd
- Basement Type
- Full
- Kitchens
- 3
Parking
- Garage Type
- Detached
- Garage
- 1
- Additional Parking
- 5
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 50 ft
- Depth
- 175 ft
- Lot Size
- 50 x 175 ft
Additional
- Foundation
- Brick, Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- 3 fridges, 3 stoves, 1 dishwasher, washer, dryer all "as is"
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 2.58 × 2.2 m | — | Main |
| Living | 3.72 × 5.54 m | — | Main |
| Dining | 2.9 × 4.82 m | — | Main |
| Kitchen | 4.7 × 3.54 m | — | Main |
| Bathroom | 1.76 × 2.41 m | 4 Pc Bath | Main |
| Primary | 2.24 × 4.53 m | — | 2nd |
| 2nd Br | 2.36 × 3.58 m | — | 2nd |
| Utility | 4.7 × 4.58 m | Combined W/Laundry | Bsmt |
| Kitchen | 3.16 × 1.92 m | — | Main |
| Room 10 | 3.16 × 2.72 m | — | Main |
| Bathroom | 1.54 × 2.04 m | 3 Pc Bath | Main |
| Kitchen | 3.85 × 2.6 m | Eat-In Kitchen | Main |
| Sitting | 2.74 × 3.8 m | — | Main |
| Br | 2.2 × 3.64 m | — | Main |
| Living | 3.95 × 3.8 m | — | Main |
| Bathroom | 1.94 × 2.49 m | 3 Pc Bath | Main |
Map and tour
Land transfer tax on this home
- Ontario land transfer tax
- $9,873
- Total land transfer tax
- $9,873
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $5,873
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 $669,900
- $5,398
- Ontario total
- $9,873
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m5 test or monitoring holes also recorded.250 m
- Bedrock about 30.2 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasChecked at the listing’s mapped point, not across the whole lot.At the address
Province of Ontario open data
Around the home2
- Nearest rail line: 130 m130 m
- A trail or path within 1 km1 km
Province of Ontario open data · Provincial and municipal trail maps
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Labatt Brewing Company Ltd, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 1 federal contaminated site within 1 km1 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Victoria Public SchoolThames Valley DSB | Public · grades JK–8 | 350 m | 31%Grade 6 average |
| St Martin Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.1 km | 73%Grade 6 average |
| Kensal Park Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 1.3 km | 83%Grade 6 average |
| École élémentaire catholique Frère AndréConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 1.8 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| London South Collegiate InstituteThames Valley DSB | Public · grades 9–12 · French Immersion | 1.9 km | 49%Grade 9 math |
| London Central Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 2.1 km | 81%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 2.4 km | 57%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 5.1 km | 57%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
- Lot area
- 8,750 sq ft813 m²
- Street frontage
- 50 ft15.2 m
- Depth
- 175 ft53.3 m
The area is the frontage multiplied by the depth, so boundaries are approximate. 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
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
- $133,980
- Total mortgage amount
- $535,920
- Total interest payment
- $381,180
- Total purchase cost
- $1,051,080
- Mortgage payment
- $3,057/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
36%Monthly carrying cost
$3,424- Rent $2,800
- Shortfall $624
Rental income opens at $2,800, the median asking rent of 39 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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