Charming Brick Ranch Near Thames River for First-Time Buyers

Property details for 372 Dieppe Street, London South

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 1
Lot Size: 30 x 150 FT ; 29.92ft x 150.38ft x 30.08ft x 150.38ft
Stories: 1
Basement: Unfinished, Full
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Stone
Ownership: Freehold
Annual Taxes: $2,330 (2025)

Glen Cairn's a real neighbourhood, with tree-lined streets and a mix of families and retirees. This 3-bed, 1-bath brick bungalow sits on a 30x150 foot lot, just steps from the Thames Valley Parkway's hiking trails. You can walk to the river in under ten minutes, and it's a quick drive to downtown London or the 401. The main floor's been updated with a newer kitchen featuring granite counters and stainless steel appliances, and the living room has a vaulted ceiling and bay window that floods the space with light. Laminate flooring runs throughout, and the windows are vinyl replacements. The full basement is raw but dry, with laundry hookups and plenty of storage room. Furnace and central air are recent upgrades too. Outside, the yard's fully fenced and there's a storage shed at the back. Parking's on the driveway with room for three. The house sits on a quiet street, but you're a short walk from amenities on Wharncliffe Road, including grocery stores, banks, and Tim Hortons. Schools are zoned for Ryerson Public and Lord Roberts, both within a kilometre. Listed at $399,900, it's priced below the neighbourhood average, making it a solid starter home or rental property. The basement, with its own entrance potential, is a blank slate for extra living space. You'd be hard-pressed to find a more move-in ready bungalow at this price in South London.

About 372 Dieppe Street, London South — Property Score

Strong Investment Great Location Well Priced

Score: 68/100

Value

Priced 42.9% below area median of $699,900 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

1 bathroom - 1 fewer than similarly priced properties nearby 48

4,500 sqft lot - a standard lot for the area 65

Location

$41K median household income - below the Canadian average of $70K 50

82% of residents hold postsecondary credentials - a highly educated neighbourhood 89

48% homeownership rate - a renter-majority neighbourhood 64

71% of residents commute under 30 minutes - excellent commuter accessibility 87

3,095/km² population density - a well-balanced suburban area 99

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 4.6 spots 80

Unfinished, Full 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

0.58% effective tax rate ($2,330/yr) - very low tax burden 83

55% renter population - strong rental demand in this area 96

Quality

Condition

Listing

45 photos provided - 25% 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.