342 Thompson Road

South I, London South, Ontario N5Z 2Z5

Overview

At a glance

Days on market3 days
ListedOct 23, 2026
UpdatedOct 26, 2026
Building age51-99 years
Size700-1100 sq ft
Lot75.09 x 118 Feet
Property taxes$2,682 (2025)
Parking5 spaces
BasementFull, Development Potential
MLS® numberX14110850
Data sourcePropTx MLS® System
Listing brokerageTHRIVE REALTY GROUP INC.

About this home

RARE GLEN CAIRN OPPORTUNITY! Set on an impressive 75' x 115' lot in the heart of Glen Cairn, this property offers an exciting opportunity for builders, investors, renovators, or buyers looking to create something truly their own. The existing home is not currently in shape for comfortable habitation and requires extensive renovation and repair, making this a property where the value lies in the possibilities.With R2-2 zoning, buyers are encouraged to explore the range of potential uses and development options available under the current zoning and applicable municipal requirements. Whether envisioning an extensive renovation, a complete rebuild, or a new-build project designed to take advantage of this ample lot, the possibilities are worth exploring. Enjoy the established Glen Cairn neighbourhood, with convenient access to schools, parks, shopping, transit, and many of London's amenities. Large lots like this are increasingly difficult to find! Bring your vision, creativity, and plans and unlock the potential of this exceptional piece of Glen Cairn real estate. Property and zoning to be purchased and sold in "as-is, where-is" condition. Buyer to conduct their own due diligence regarding zoning, permitted uses, development potential, building requirements and municipal approvals.

Details

Property

Style
Bungalow
Building age
51-99
Fronting on
North
Cross street
Thompson & Gladstone
Community
South I
Municipality
London South

Inside

Bedrooms above grade
2
Bathrooms
1
Kitchens
1
Basement
Full, Development Potential
Family room
No
Fireplace
No
Interior features
Other

Utilities

Heating
Forced Air
Heating fuel
Gas
Cooling
Central Air
Sewer
Sewer

Building

Construction
Brick, Vinyl Siding
Foundation
Unknown
Roof
Asphalt Shingle
Pool
None

Parking

Garage
Detached
Parking spaces
4
Total parking
5
Driveway
Private, Private Double

Land

Frontage
75.09
Depth
118
Lot size units
Feet
Waterfront
No
Value

What it’s worth

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Market read

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History

Listing history

Past listings and sales

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Compare

How it compares

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Neighbourhood

Around South I

What’s nearby

On a busier streetBackyard faces south

  • Elementary schoolPrincess Elizabeth Public Schoolabout 6 min walk
  • High schoolWheable Adult Education Centreabout 5 min walk
  • ParkGlen Cairn Park (North)about 2 min walk
  • Playground about 4 min walk
  • Trail about 5 min walk
  • River or lakeThames Riverabout 8 min walk
  • Grocery storeMetroabout 25 min walk
  • DowntownLondonabout 3.2 km
  • LibraryLondon Public Library - Crouchabout 18 min walk
  • Rec centre or arenaBrookside Arenaabout 11 min walk
  • Golf courseHighland Country Clubabout 3 km
  • HospitalVictoria Hospitalabout 17 min walk
  • Highway on-ramp about 32 min walk
  • GO or train stationLondonabout 2.8 km

Approximate: straight-line distances, and the backyard and street worked out from the map pin and map data © OpenStreetMap contributors. Check school boundaries with the school board.

On the map

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Community

The South I market

South I sale prices

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Costs

What it would cost

%
%
An example rate. Use the one your lender quotes.
Every monthEstimate
Mortgage payment$0
Property tax$0
Monthly total$0
At closing
Ontario land transfer tax$0

Estimates only, not financial advice. Uses Canadian semi-annual compounding, the minimum down payment and mortgage insurance rules, and Ontario’s land transfer tax brackets. Your lender and lawyer confirm the real numbers. Legal fees, title insurance and moving costs aren’t included.

Listing courtesy of THRIVE REALTY GROUP INC.. Listing information from the PropTx MLS® System. Each listing shows the brokerage that represents it. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate by PropTx. Last updated October 27, 2026 at 8:49 a.m.

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