3-Bed Bungalow with Finished Basement Near Wortley Village

Property details for 58 Centre Crescent N, London South

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 2
Lot Size: 61.1 x 126.2 FT
Stories: 1
Basement: Finished, Separate entrance, N/A, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $3,722

This 3-bed, 2-bath bungalow sits on a 61 by 126 foot lot in Southcrest, a quick 5-minute drive from Wortley Village. The main floor has a bright living room, dining area, and kitchen, with three bedrooms up. The basement is fully finished with a rec room, an extra bedroom, and a bathroom, plus a separate entrance that could work for an in-law setup or rental. Outside, there's a single attached garage and a fenced yard that's level and easy to maintain. The place has a steel roof, updated furnace, and central air, so the big-ticket items are done. It's been well-kept and has brick exterior, with a fireplace for colder months. You're close to Southcrest Park and walking trails, and downtown London is about 10 minutes away. Schools, shops, and transit are all within a few blocks. Listed at $549,900, which is just above the $529,900 median for the area, but the finished basement and separate entrance add flexibility. It's an older home, but solid. Worth a look if you want space for multigenerational living or potential rental income.

About 58 Centre Crescent N, London South — Property Score

Great Location Feature Rich Well Priced

Score: 72/100

Value

Priced 21.3% below area median of $699,000 based on 334 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

2 bathrooms - typical for similarly priced properties 60

7,711 sqft lot - a generous lot for the area 78

Location

$55K median household income - below the Canadian average of $70K 57

81% of residents hold postsecondary credentials - a highly educated neighbourhood 89

62% homeownership rate - a balanced mix of owners and renters 73

78% of residents commute under 30 minutes - excellent commuter accessibility 92

2,295/km² population density - a well-balanced suburban area 93

Market

Just listed - area average is 57 days on market 100

+6.9% median price change over 1 month - rising prices in the area 85

38 months of housing supply - 418 active listings with 11 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.7 spots 95

Finished, Separate entrance, N/A, 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

0.68% effective tax rate ($3,722/yr) - below the Canadian average of ~1% 80

39% renter population - moderate rental market 77

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.