1302 Norman Avenue, London South

Price: $689,500

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13046088

Beautiful Byron Village. Welcome to 1302 Norman Ave. Beautifully updated and backing onto Jorgenson Park and the Byron Optimist Recreation Centre. A large front deck awaits those long lazy summer days. followed by a generous foyer complimented by custom built-in's. Warmth continues throughout this lovely Ranch as you meander into a spacious livingroom enjoying a large front window and fireplace. Across the hall, offering nice privacy, 3 bedrooms and an updated main bath. Accent shelving, for special things draws you into a fully renovated kitchen, beautifully laid out with great function. But there's more! Down to a tastefully finished familroom, lots of options for usage in this space. A 4th bedroom or office, convenient 2 pc. bath, laundry and storage complete enjoyable sq. footage. The side door off the stairs offers access to a huge private fenced yard (your own park) all backing onto Jorgenson Park. Lovely! Updates include: Front retaining wall ( 2020), Backyard Landscaping ( 2018), Two sheds, Composite Deck, (2021), Exterior Door and Cellar Door (2020), Eaves and Downspouts (2020), Furnace, A/C & Water Heater (2018), Windows (2011), Fireplace (2023) Kitchen (2016), Bathroom (2020), Basement (2018) Half Bath (2018) All steps to Byron Village shopping, banking, pharmacy, medical, coffee shop, flower shop, Springbank Park! What's not to love!

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$689,500 - 1302 Norman Avenue, London South

Detached for Sale in London South

54 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13046088
Property Type
Detached
Status
active
Days on Site
54
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London South
Listing Brokerage
RE/MAX CENTRE CITY REALTY INC.
Description

Beautiful Byron Village. Welcome to 1302 Norman Ave. Beautifully updated and backing onto Jorgenson Park and the Byron Optimist Recreation Centre. A large front deck awaits those long lazy summer days. followed by a generous foyer complimented by custom built-in's. Warmth continues throughout this lovely Ranch as you meander into a spacious livingroom enjoying a large front window and fireplace. Across the hall, offering nice privacy, 3 bedrooms and an updated main bath. Accent shelving, for special things draws you into a fully renovated kitchen, beautifully laid out with great function. But there's more! Down to a tastefully finished familroom, lots of options for usage in this space. A 4th bedroom or office, convenient 2 pc. bath, laundry and storage complete enjoyable sq. footage. The side door off the stairs offers access to a huge private fenced yard (your own park) all backing onto Jorgenson Park. Lovely! Updates include: Front retaining wall ( 2020), Backyard Landscaping ( 2018), Two sheds, Composite Deck, (2021), Exterior Door and Cellar Door (2020), Eaves and Downspouts (2020), Furnace, A/C & Water Heater (2018), Windows (2011), Fireplace (2023) Kitchen (2016), Bathroom (2020), Basement (2018) Half Bath (2018) All steps to Byron Village shopping, banking, pharmacy, medical, coffee shop, flower shop, Springbank Park! What's not to love!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,537.49/mo

Includes CMHC insurance ($19,237)

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5-yr fixed avg.

Principal: $620,550Interest: $421,461
Mortgage Amount$639,787
Total Interest$421,461
Est. Property Tax$488/mo
Total Cost$1,061,248

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

1302 Norman Avenue, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$488
Insurance (est.)-$144
Net Cash Flow+$2,568

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 $627/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 54 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.

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 $2,873 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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