$539,990 - 10 Chalkstone Drive Unit 18, London South
Condo for Sale in London South
109 days on market- MLS Number
- X12716882
- Property Type
- Condo
- Status
- active
- Days on Site
- 109
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX PRESIDENT REALTY
Welcome to 10 Chalkstone Drive, Unit 18-a beautifully maintained detached end-unit condo offering comfort, style, and convenience in one of the city's most desirable neighbourhoods. Perfect for first-time buyers, young professionals, or downsizers, this move-in-ready home is truly impressive.Enjoy maintenance-free living with condo fees covering snow removal, lawn care, and building insurance. Inside, the main level features hardwood flooring, a cozy living room with an electric fireplace, and a bright open-concept kitchen with an eat-in area. A 2-piece powder room and a beautifully designed ceiling with modern LED lighting complete the main floor. The dining area walks out to a private deck, fully fenced backyard, an additional patio, and a covered garbage storage area. Upstairs, the spacious primary bedroom offers semi-ensuite access to the updated 4-piece bathroom shared with two additional bedrooms. The finished lower level adds even more living space with a versatile recreation room, a second fireplace, a 3-piece bathroom, and a laundry area. Parking is a major bonus for this home,with the garage featuring a stylish ceiling and inside entry. Additional features include security cameras, sump pump,2 owned water heaters, a human-detection sensor, a well-managed condo corporation, and convenient visitor parking. Located minutes from White Oaks Mall, Highway 401/402, parks, schools, and transit, this home offers exceptional comfort and convenience. Book your showing today-this one won't last!
Estimate your monthly payments for this property
Estimated Payment
$2,770.43/mo
Includes CMHC insurance ($15,066)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London South
London South is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London South
- •Convenient location in London South
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London South offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
10 Chalkstone Drive Unit 18, London South
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $450/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 109 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: London South properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.