$899,900 - 1223 Thornley Street, London South
Detached for Sale in London South
57 days on market- MLS Number
- X13033864
- Property Type
- Detached
- Status
- active
- Days on Site
- 57
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- London South
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Welcome to this executive 4-bedroom, 4-bathroom home in the highly desirable Crestwood/Westmount neighbourhood. From the moment you enter, the impressive two-storey great room with gas fireplace creates a dramatic focal point with soaring ceilings and abundant natural light. The home's ideal southwestern exposure keeps the main living areas bright and inviting throughout the day. The open-concept main floor offers a spacious kitchen and dining area perfect for family living and entertaining, complemented by an elegant open oak staircase leading to the second-floor balcony. The upper level features a generous primary suite complete with an updated ensuite and large walk-in closet. Additional bedrooms include one with a second walk-in closet and another with a vaulted ceiling, adding architectural interest. Laminate flooring throughout the second level provides a clean, modern finish. The professionally finished lower level expands the living space with a cozy gas fireplace, laminate flooring, and a modern bathroom featuring heated porcelain floors. An oversized, sound-proofed recreation room-wired for surround sound-creates the perfect home theatre environment, complete with a wet bar for entertaining. A large laundry area and ample finished storage space add convenience. Outside, the professionally landscaped yard offers tiered gardens and an oversized newer deck ideal for outdoor dining and relaxation. Meticulously maintained throughout, this home is truly move-in ready and offers exceptional value in one of London's most sought-after communities.
Estimate your monthly payments for this property
Estimated Payment
$4,616.95/mo
Includes CMHC insurance ($25,107)
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.
1223 Thornley Street, 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 $360/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 57 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 4 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.