Real Estate for Sale in South Y, London, ON

Loading homes in South Y…

No listings match these filters in this area.

Try zooming out or widening your filters.

Neighbourhood in London

South Y

family-friendly community-oriented suburban

South Y is a vibrant neighbourhood in London, Ontario. It offers a mix of residential options and amenities for families and individuals.

Good schools with an average rating of 3.8 Many parks and playgrounds for outdoor activities Strong community with a population of nearly 26,000 Affordable housing compared to city and province medians

At a glance

Photo of 39 Metcalfe Crescent
For SaleNew Listing
Listed for:

Listed 1 day ago

$439,900

39 Metcalfe Crescent

London (South Y), ON N6E 1H8

3Bedrooms
2Bathrooms
0Garage
1.1K-1.5KSq Ft

Semi-DetachedFor Sale

Photo of 15 Chancton Crescent
For SaleNew ListingFinished Basement
Listed for:

Listed 2 days ago

$519,900

15 Chancton Crescent

London (South Y), ON N6E 2Y5

3Bedrooms
2Bathrooms
0Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of 708 Millbank Drive
For SaleOpen HouseFinished BasementLarge Lot
Listed for:

Listed 2 days ago

$624,900

708 Millbank Drive

London (South Y), ON N6E 1S2

4Bedrooms
4Bathrooms
1Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of 52 Barrett Crescent
For SaleOpen HouseIn-Law SuiteFinished Basement
Listed for:

Listed 3 days ago

$549,900

52 Barrett Crescent

London (South Y), ON N6E 1T5

3Bedrooms
2Bathrooms
1Garage
700-1.1KSq Ft

DetachedFor Sale

Photo of 1010 Dearness Drive
For SaleOpen HouseIn-Law Suite
Listed for:

Listed 7 days ago

$899,998

1010 Dearness Drive

London (South Y), ON N6E 1N7

6 + 2Bedrooms
6Bathrooms
1Garage
2K-2.5KSq Ft

LinkFor Sale

Photo of Unit 196, 700 Osgoode Drive
For SaleNew Listing
Listed for:

Listed 9 days ago

$415,000

Unit 196, 700 Osgoode Drive

London (South Y), ON N6E 2H1

4Bedrooms
2Bathrooms
2Parking
1.4K-1.6KSq Ft

Condo TownhouseFor Sale

Day to dayLivability

3.8

Schools near listings

out of 10 · averaged over 422 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$467,000

22% below London 35% below Ontario

In South Y

$467,000

In London

$599,900

In Ontario

$718,000

Median monthly rent

$2,445/mo

11% above London 2% below Ontario

In South Y

$2,445

In London

$2,200

In Ontario

$2,500

≈ 15.9 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

27

Median $467,000

Houses 16 · Condos 11

For rent

7

Median $2,445

Houses 5 · Condos 2

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-12. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Affordable median home prices at $467,000
  • High percentage of home ownership at 69.3%
  • Family-friendly environment with many schools and parks
  • Diverse community with a significant immigrant population
  • Good average household size of 2.8

Keep in mind

  • Limited public transit options
  • Higher unemployment rate at 16%
  • Some renters may face financial strain

The feel of the placeLifestyle

Residents enjoy a suburban lifestyle with access to schools, parks, and local shops. The area is family-oriented and community-focused.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

10.5 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

13

Parks

20

Playgrounds

5

Grocery stores

27

Restaurants

10

Cafés

6

Gyms

1

Libraries

6

Pharmacies

Counted across all 10.5 km² of South Y. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

4.2/10

Average rating of the 9 rated schools in this area

8

Elementary

1

Secondary

  • St Anthony Catholic French Immersion School

    Catholic · Grades JK–8 · London District Catholic School Board

    6.0/105.2 over 5 yrs

    1,590th of 3,045 Ontario elementary schools

    460 students · EQAO 2024-2025

  • Sir Wilfrid Laurier Secondary School

    Public · Grades 9–12 · Thames Valley DSB

    5.3/105.1 over 5 yrs

    513th of 742 Ontario secondary schools

    1,145 students · EQAO 2024-2025

  • Sir Arthur Carty Separate School

    Catholic · Grades JK–8 · London District Catholic School Board

    4.9/104.1 over 5 yrs

    2,233rd of 3,045 Ontario elementary schools

    620 students · EQAO 2024-2025

  • St Francis School

    Catholic · Grades JK–8 · London District Catholic School Board

    4.9/104.7 over 5 yrs

    2,233rd of 3,045 Ontario elementary schools

    545 students · EQAO 2024-2025

  • White Oaks Public School

    Public · Grades JK–8 · Thames Valley DSB

    4.4/104.0 over 5 yrs

    2,432nd of 3,045 Ontario elementary schools

    940 students · EQAO 2024-2025

  • Rick Hansen Public School

    Public · Grades JK–8 · Thames Valley DSB

    4.2/105.1 over 5 yrs

    2,505th of 3,045 Ontario elementary schools

    455 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside South Y, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

25,986

Population (2021)

14.9 km²

Area

1,745

People per km²

37.9

Median age

$77,516

Median income

69%

Own their home

2.8

People per household

9,555

Households

Every age

  • Children (under 15)19.7%
  • Working age (15–64)64.6%
  • Seniors (65+)15.7%

What is built here

  • Detached houses45.3%
  • Semi-detached10.4%
  • Townhouses20.5%
  • Low-rise apartments7.7%
  • High-rise apartments15.3%

Own or rent

69%Owners

31%Renters

Across 9,555 households

When it was built

Mostly 1961–1980

  • 1960 or earlier6%
  • 1961–198056%
  • 1981–199025%
  • 1991–200010%
  • 2001–20051%
  • 2006–20101%
  • 2011–20151%
  • 2016–20210%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

33.3%
Born outside Canada
13.8%
Hold a degree or higher
47.9%
Employment rate
4.8%
Commute by transit
88.2%
Commute by car
2
Children per family
$70,321
Median income after tax
$85,034
Average household income
16.5%
Living on a low income
$1,323/mo
Renters pay, per month
$1,093/mo
Owners pay, per month
$404,733
Median home value at census
28.7%
Renters spending 30%+ of income on housing
13.2%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 39 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap

HOMEH Market Pulse Through September 2026 Moderate sales history

What homes in South Y actually sell for

87 homes changed hands in South Y over the 12 months to September 2026. Half sold above $485,770 and half below, 6.2% lower than the 12 months before. A typical home found its buyer in 29 days — 8 days slower than a year ago.

Median sold price
$486K
-6.2% year over year
Days to sell
29
8 days slower
Sales closed
87
last 12 months
Per square foot
$394
from 87 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

$670K$565K$461K$356K
Oct ’23Oct ’24Sep ’25Sep ’26
Median sold price Middle half of sales

What buyers actually paid

$967,800

on a $1,000,000 asking price — under ask by $32,200

−10%Asking price+10%
Of the asking price
96.8%
Sold over asking
4.6%

From 87 sales that closed here in the last 12 months.

Rent or buy in South Y

17.2 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$485,770

87 sales

Median rent

$2,349/mo

14 leases

Gross rental yield

5.8%

before costs

Both figures come from deals that actually closed in South Y over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually trades in South Y

A single median hides this: the mix of homes behind it, and what each kind costs.

87sales
  • Detached$548K47.1%
  • Condo town$381K11.5%
  • Other kinds, too few of each —41.4%

How fast it moves

Median days on market, month by month. Taller means slower.

May 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — South Y, sales
Monthly closed sales in South Y
MonthClosedMedianMiddle halfDays% of ask
Sep 20266$447,500$386K – $479K5997.1%
Aug 20266$486,500$398K – $532K2897.4%
Jul 20266$520,000$498K – $558K3995.7%
Jun 20264 Not enough sales this month to report a median
May 202616$514,000$411K – $585K1797.2%
Apr 20269$535,000$495K – $552K1899.0%
Mar 202613$475,000$390K – $590K2396.9%
Feb 20263 Not enough sales this month to report a median
Jan 20263 Not enough sales this month to report a median
Dec 20253 Not enough sales this month to report a median
Nov 202512$501,250$468K – $550K3195.8%
Oct 20256$427,000$378K – $470K3896.9%
Sep 202510$523,500$501K – $608K2296.3%
Aug 20256$580,250$570K – $635K3698.4%
Jul 20258$560,000$532K – $604K1996.6%
Jun 202510$563,000$529K – $637K2898.5%
May 202510$495,121$471K – $634K3096.7%
Apr 202514$467,550$401K – $537K2398.9%
Mar 20256$585,000$536K – $619K999.2%
Feb 20259$513,000$415K – $641K1798.6%
Jan 20254 Not enough sales this month to report a median
Dec 20246$515,750$481K – $603K2297.9%
Nov 20249$585,000$538K – $640K2098.5%
Oct 20249$395,000$385K – $450K1497.5%
Sep 202411$450,000$393K – $559K1298.0%
Aug 20249$530,000$410K – $644K1598.6%
Jul 202410$569,500$533K – $648K2798.4%
Jun 202418$536,000$446K – $631K1698.9%
May 202416$487,550$424K – $536K24101.3%
Apr 202416$529,000$465K – $567K3698.3%
Mar 20243 Not enough sales this month to report a median
Feb 20244 Not enough sales this month to report a median
Jan 20244 Not enough sales this month to report a median
Dec 20236$495,000$452K – $600K32100.0%
Nov 20238$597,551$496K – $632K18100.0%
Oct 20234 Not enough sales this month to report a median

9 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about South Y

How much does a home cost in South Y?

Homes in South Y sold for a median of $485,770 over the 12 months to September 2026, across 87 closed sales — half sold for more and half for less. That is 6.2% lower than the 12 months before it.

How long does it take to sell a home in South Y?

A home in South Y took a median of 29 days on the market over the 12 months to September 2026. Homes there closed at 96.8% of the asking price on average, with 4.6% selling over asking.

How much is rent in South Y?

The median lease in South Y closed at $2,349 a month over the 12 months to September 2026, across 14 leases.

Is it cheaper to rent or buy in South Y?

A home in South Y costs about 17.2 years of the rent on one — the median price of $485,770 against a median rent of $2,349 a month, a gross yield of 5.80%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in South Y?

Over the 12 months to September 2026 the mix in South Y was detached (47.1% of sales, median $548,439) and condo town (11.5% of sales, median $380,500).

Compiled by HOMEH from sales reported closed in South Y on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in South Y

A condo here is its own market

13 condo townhouses are on the market in South Y right now. Too few have closed here in the last year for us to publish a median we would stand behind.

Condo townhouses are a separate market again: 10 closed here at a median of $380,500.