1213 Wayne Court, London South

Price: $899,900

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X12653004

Welcome to 1213 Wayne Court, where thoughtful renovations and an exceptional location come together in one of Byron's most desirable court settings. This beautifully updated 4-bedroom, 3-bathroom home offers the perfect blend of privacy, convenience, and contemporary style. Step through striking double entry front doors into a light-filled foyer as you are welcomed by a grand spiral staircase. The main floor offers an office/den, updated bathroom, and renovated laundry. The custom kitchen features a walk-in pantry and open-concept design flowing into the bright family room with garden doors to your private backyard. Upstairs, four generous bedrooms plus updated ensuite and second bathroom. Recent Improvements Include: Main floor renovation (August 2021): New open concept kitchen with walk-in pantry, updated bathroom, updated staircase; Upgraded electrical panel (2021), New laminate flooring throughout main and upper levels; New windows throughout including basement; Updated laundry room; New double front doors (2023); New rear patio door (2023); Covered backyard entertainment area with concrete pad & new electrical (August 2023); Hot Tub (2018); Full sprinkler & Irrigation System. The backyard shines--a covered entertainment area with concrete pad, electrical, and included hot tub. Perfect for year-round gatherings. Steps from Byron Village Shops, restaurants, Byron Somerset School, Whisperwood Park, and Springbank Park. If you have been looking for that perfect Byron Village experience... Book your showing today!

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$899,900 - 1213 Wayne Court, London South

Detached for Sale in London South

116 days on market
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X12653004
Property Type
Detached
Status
active
Days on Site
116
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
London South
Lot Size
5,554 sqft
Listing Brokerage
KELLER WILLIAMS LIFESTYLES
Description

Welcome to 1213 Wayne Court, where thoughtful renovations and an exceptional location come together in one of Byron's most desirable court settings. This beautifully updated 4-bedroom, 3-bathroom home offers the perfect blend of privacy, convenience, and contemporary style. Step through striking double entry front doors into a light-filled foyer as you are welcomed by a grand spiral staircase. The main floor offers an office/den, updated bathroom, and renovated laundry. The custom kitchen features a walk-in pantry and open-concept design flowing into the bright family room with garden doors to your private backyard. Upstairs, four generous bedrooms plus updated ensuite and second bathroom. Recent Improvements Include: Main floor renovation (August 2021): New open concept kitchen with walk-in pantry, updated bathroom, updated staircase; Upgraded electrical panel (2021), New laminate flooring throughout main and upper levels; New windows throughout including basement; Updated laundry room; New double front doors (2023); New rear patio door (2023); Covered backyard entertainment area with concrete pad & new electrical (August 2023); Hot Tub (2018); Full sprinkler & Irrigation System. The backyard shines--a covered entertainment area with concrete pad, electrical, and included hot tub. Perfect for year-round gatherings. Steps from Byron Village Shops, restaurants, Byron Somerset School, Whisperwood Park, and Springbank Park. If you have been looking for that perfect Byron Village experience... Book your showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,616.95/mo

Includes CMHC insurance ($25,107)

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5-yr fixed avg.

Principal: $809,910Interest: $550,069
Mortgage Amount$835,017
Total Interest$550,069
Est. Property Tax$637/mo
Total Cost$1,385,086

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

1213 Wayne Court, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,476

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 $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 116 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.

Detached Home Advantages

Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London South. Good resale value as demand remains consistent.

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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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