$579,900 - 145 Gladstone Avenue, London South
Detached for Sale in London South
- MLS Number
- X13212814
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London South
- Listing Brokerage
- RE/MAX ICON REALTY
Welcome to this beautifully renovated bungalow in the desirable Glen Cairn neighborhood! Situated on a quiet family-friendly street, this turn-key property has been fully renovated from top to bottom and offers exceptional flexibility for families, multi-generational living, or investors. The bright and modern main level features 3 spacious bedrooms, a stylish full bathroom, a sun-filled living area, brand new flooring throughout, and a stunning new kitchen complete with quartz counter-tops and contemporary finishes.The lower level features a fully finished independent separate basement unit with 2 bedrooms, a full kitchen, full bathroom, and 3 egress windows - offering excellent in-law suite or income potential. In addition, the basement also includes an extra washroom conveniently located near the shared laundry/common area for added functionality and convenience. Newly installed luxury vinyl plank flooring runs throughout the entire home. Major upgrades and improvements have already been completed, offering peace of mind for years to come, including updated water supply lines converted to PEX plumbing, an updated central vacuum system, and numerous modern updates throughout the home. Outside, enjoy a detached garage (20'7" x 14') equipped with an additional 100 AMP breaker sub-panel, ideal for workshop space or future possibilities. Conveniently located within walking distance to schools, parks, and public transit, and just minutes to Highway 401 and Victoria Hospital. A rare move-in ready opportunity with incredible versatility and value! Offered at $579,900. Recent improvements are in the Documents.
Estimate your monthly payments for this property
Estimated Payment
$2,975.19/mo
Includes CMHC insurance ($16,179)
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.
145 Gladstone Avenue, London South
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Rental income estimator & ROI calculator
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
Fair Market Value
At $828/sqft, this property is priced in line with current London South market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 21 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.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London South.
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.