Solid Brick Bungalow in Southcrest with Private Yard

Property details for 62 Thorncrest Crescent, London South

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 1
Lot Size: 51 x 125 FT
Stories: 1
Basement: Unfinished, N/A
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $3,252 (2025)

This brick bungalow sits on a 51 x 125 ft lot in Southcrest, and the yard is the real show-stopper: landscaped with mature trees, a patio, and a neat lawn. Inside, you'll find 3 bedrooms and 1 bath in about 1,000 sq ft of main-floor living space. The living room has a big window that lets in tons of light. Kitchen's at the back, so you can step right out to the yard from there. Appliances included: stove, fridge, washer, dryer. Hardwood under the carpet in some spots, if you're into that. Basement's unfinished, but it's poured concrete with high ceilings, so tons of potential for extra living space or just storage. Parking for 3 on the driveway, no garage. Price is $499,900, which is right at the median for this area. It's close to downtown: Covent Garden Market is 2.8 km, and Labatt Park is 2.4 km. Schools and transit are nearby too. This one's been well cared for, but you'll want to add your own touches. Sold in 11 days on average around here, so move fast if you're interested.

About 62 Thorncrest Crescent, London South — Property Score

Great Location Well Priced

Score: 68/100

Value

Priced 28.6% below area median of $699,900 based on 335 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

1 bathroom - 1 fewer than similarly priced properties nearby 48

6,375 sqft lot - a generous lot for the area 78

Location

$55K median household income - below the Canadian average of $70K 58

80% of residents hold postsecondary credentials - a highly educated neighbourhood 88

64% homeownership rate - a balanced mix of owners and renters 75

79% of residents commute under 30 minutes - excellent commuter accessibility 93

1,871/km² population density - a well-balanced suburban area 89

Market

Just listed - area average is 47 days on market 100

-29% median price change over 1 month - declining prices in the area 1

40 months of housing supply - 440 active listings with 11 sold last month (buyer's market) 40

Features

3-car garage - area average is 4.7 spots 80

Unfinished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.65% effective tax rate ($3,252/yr) - below the Canadian average of ~1% 81

36% renter population - moderate rental market 73

Quality

Condition

Listing

38 photos provided - 6% more than the area average of 36 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.