110 Deveron Crescent Unit 40, London South

Price: $385,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13116342

Discover the vibrant lifestyle awaiting you in this spacious condo townhouse nestled in the heart of South London. This home stands out with a fantastic open concept main floor, where the living and dining area spans over twenty feet, creating a bright and airy atmosphere for memorable gatherings. The functional kitchen comes fully equipped with a fridge, stove, and dishwasher, making meal preparation a breeze. Upstairs, you will find three generous bedrooms and a full five piece bathroom, while the main floor powder room adds a touch of daily convenience. The living space extends far beyond the upper floors into a fully finished basement, featuring a sprawling family room that serves as the ultimate media retreat or hobby space, alongside a dedicated laundry room with a sink, washer, and dryer. Step outside to your private newly built deck to enjoy the fresh air in a beautifully landscaped setting. This property features forced air gas heating, central air conditioning. The location is truly special for outdoor enthusiasts, situated just moments from the breathtaking trails and boardwalks of the Westminster Ponds Environmentally Significant Area and Pond Mills Park. Commuting is effortless with swift access to Highbury Avenue, Highway 401, and public transit. With daily shopping at South Costco and White Oaks Mall right around the corner, this home offers a seamless blend of comfort, style, and urban convenience. This is an exciting opportunity to secure a turnkey residence in a peaceful yet connected neighborhood. With its finished lower level and spacious three bedroom layout, this home is ready to welcome you to a life of ease.

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$385,000 - 110 Deveron Crescent Unit 40, London South

Condo for Sale in London South

38 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13116342
Property Type
Condo
Status
active
Days on Site
38
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
London South
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
KELLER WILLIAMS LIFESTYLES
Description

Discover the vibrant lifestyle awaiting you in this spacious condo townhouse nestled in the heart of South London. This home stands out with a fantastic open concept main floor, where the living and dining area spans over twenty feet, creating a bright and airy atmosphere for memorable gatherings. The functional kitchen comes fully equipped with a fridge, stove, and dishwasher, making meal preparation a breeze. Upstairs, you will find three generous bedrooms and a full five piece bathroom, while the main floor powder room adds a touch of daily convenience. The living space extends far beyond the upper floors into a fully finished basement, featuring a sprawling family room that serves as the ultimate media retreat or hobby space, alongside a dedicated laundry room with a sink, washer, and dryer. Step outside to your private newly built deck to enjoy the fresh air in a beautifully landscaped setting. This property features forced air gas heating, central air conditioning. The location is truly special for outdoor enthusiasts, situated just moments from the breathtaking trails and boardwalks of the Westminster Ponds Environmentally Significant Area and Pond Mills Park. Commuting is effortless with swift access to Highbury Avenue, Highway 401, and public transit. With daily shopping at South Costco and White Oaks Mall right around the corner, this home offers a seamless blend of comfort, style, and urban convenience. This is an exciting opportunity to secure a turnkey residence in a peaceful yet connected neighborhood. With its finished lower level and spacious three bedroom layout, this home is ready to welcome you to a life of ease.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,975.25/mo

Includes CMHC insurance ($10,742)

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5-yr fixed avg.

Principal: $346,500Interest: $235,333
Mortgage Amount$357,242
Total Interest$235,333
Est. Property Tax$273/mo
Total Cost$592,575

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.

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Neighbourhood Guide: London South

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

110 Deveron Crescent Unit 40, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$273
Insurance (est.)-$80
Net Cash Flow+$1,757

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $385/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.

Market Position

At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    110 Deveron Crescent Unit 40, London South | $385,000 | Battaglia Team