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Neighbourhood in London
Homes for sale in South Y
South Y is a vibrant neighbourhood in London, Ontario. It offers a mix of residential options and amenities for families and individuals.
At a glance
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
$442,000
In South Y
$442,000
In London
$599,900
In Ontario
$704,900
Median monthly rent
$2,448/mo
In South Y
$2,448
In London
$2,200
In Ontario
$2,500
≈ 15 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
22
Median $442,000
Houses 13 · Condos 9
For rent
6
Median $2,448
Condos 3 · Houses 3
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-28. 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 housing compared to city median
- Strong community with many families
- Access to good schools and parks
Keep in mind
- Higher unemployment rate at 16%
- Limited public transit options
- Median rent above city average
The feel of the placeLifestyle
Daily life in South Y is family-oriented with access to parks and schools. Residents enjoy a suburban feel with local amenities.
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 2026-10-26.
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 yrs1,590th 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 yrs513th 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 yrs2,233rd 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 yrs2,233rd 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 yrs2,432nd 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 yrs2,505th 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
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.
What buyers actually paid
$967,800
on a $1,000,000 asking price — under ask by $32,200
- 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.
- 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.
Terracotta marks the last 12 months.
Every month behind these charts — South Y, sales
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 6 | $447,500 | $386K – $479K | 59 | 97.1% |
| Aug 2026 | 6 | $486,500 | $398K – $532K | 28 | 97.4% |
| Jul 2026 | 6 | $520,000 | $498K – $558K | 39 | 95.7% |
| Jun 2026 | 4 | Not enough sales this month to report a median | |||
| May 2026 | 16 | $514,000 | $411K – $585K | 17 | 97.2% |
| Apr 2026 | 9 | $535,000 | $495K – $552K | 18 | 99.0% |
| Mar 2026 | 13 | $475,000 | $390K – $590K | 23 | 96.9% |
| Feb 2026 | 3 | Not enough sales this month to report a median | |||
| Jan 2026 | 3 | Not enough sales this month to report a median | |||
| Dec 2025 | 3 | Not enough sales this month to report a median | |||
| Nov 2025 | 12 | $501,250 | $468K – $550K | 31 | 95.8% |
| Oct 2025 | 6 | $427,000 | $378K – $470K | 38 | 96.9% |
| Sep 2025 | 10 | $523,500 | $501K – $608K | 22 | 96.3% |
| Aug 2025 | 6 | $580,250 | $570K – $635K | 36 | 98.4% |
| Jul 2025 | 8 | $560,000 | $532K – $604K | 19 | 96.6% |
| Jun 2025 | 10 | $563,000 | $529K – $637K | 28 | 98.5% |
| May 2025 | 10 | $495,121 | $471K – $634K | 30 | 96.7% |
| Apr 2025 | 14 | $467,550 | $401K – $537K | 23 | 98.9% |
| Mar 2025 | 6 | $585,000 | $536K – $619K | 9 | 99.2% |
| Feb 2025 | 9 | $513,000 | $415K – $641K | 17 | 98.6% |
| Jan 2025 | 4 | Not enough sales this month to report a median | |||
| Dec 2024 | 6 | $515,750 | $481K – $603K | 22 | 97.9% |
| Nov 2024 | 9 | $585,000 | $538K – $640K | 20 | 98.5% |
| Oct 2024 | 9 | $395,000 | $385K – $450K | 14 | 97.5% |
| Sep 2024 | 11 | $450,000 | $393K – $559K | 12 | 98.0% |
| Aug 2024 | 9 | $530,000 | $410K – $644K | 15 | 98.6% |
| Jul 2024 | 10 | $569,500 | $533K – $648K | 27 | 98.4% |
| Jun 2024 | 18 | $536,000 | $446K – $631K | 16 | 98.9% |
| May 2024 | 16 | $487,550 | $424K – $536K | 24 | 101.3% |
| Apr 2024 | 16 | $529,000 | $465K – $567K | 36 | 98.3% |
| Mar 2024 | 3 | Not enough sales this month to report a median | |||
| Feb 2024 | 4 | Not enough sales this month to report a median | |||
| Jan 2024 | 4 | Not enough sales this month to report a median | |||
| Dec 2023 | 6 | $495,000 | $452K – $600K | 32 | 100.0% |
| Nov 2023 | 8 | $597,551 | $496K – $632K | 18 | 100.0% |
| Oct 2023 | 4 | 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.
A condo here is its own market
12 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.