$469,999 - 128 Banbury Road, London South
Semi-Detached for Sale in London South
73 days on market- MLS Number
- X12964768
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 73
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London South
- Listing Brokerage
- RINEHART REALTY
Welcome to this exceptionally remodeled semi detached home in the desirable Pond Mills area of South London, where years of thoughtful upgrades and pride of ownership are evident throughout. From the moment you arrive, the double wide concrete driveway completed in 2023, updated exterior doors, and gated side access set the tone. Inside, the main floor offers a bright living space filled with natural light, along with a convenient two piece bath. The kitchen, fully updated in 2018, features solid wood cabinetry, quartz countertops, a large single sink, and a clean modern finish that flows into the dining area with direct access to the backyard, perfect for everyday living and hosting. Upstairs, you will find three well sized bedrooms and an updated four piece bathroom with a solid wood vanity, carrara marble top, updated tub and shower surround, and LVP flooring. Updated trim, doors, and finishes continue the cohesive feel throughout. The lower level adds a refreshed recreation room with new drywall and flooring completed in 2024, offering a great space to relax or gather, along with a utility and laundry area with additional storage. Extensive updates include windows and patio door in 2019 with transferable warranty, roof replaced in 2009 and updated again in 2017 at the front, regraded yard with French drains, foundation waterproofing, new eavestroughs and downspouts, updated electrical panel and meter, and a furnace and air conditioning system installed in 2023 through Reliance that can be transferred or paid out. The backyard is fully fenced and designed for both function and enjoyment, featuring a deck, shed, and a unique two storey treehouse that adds character and flexibility to the space. Located close to parks, schools, hospitals, restaurants, and quick access to the 401, this move in ready home showcases care and investment throughout.
Estimate your monthly payments for this property
Estimated Payment
$2,411.34/mo
Includes CMHC insurance ($13,113)
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.
128 Banbury Road, 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 $671/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 73 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.