$299,900 - 1582 Ernest Avenue Unit 304, London South
Condo for Sale in London South
103 days on market- MLS Number
- X12859654
- Property Type
- Condo
- Status
- active
- Days on Site
- 103
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- EASY LIST REALTY LTD.
*** Visit the REALTOR website for further information about this Listing *** Bright and Inviting 3-Bedroom 1.5 Bath Condo in the Desirable White Oaks Area. Discover exceptional value and comfort in this rare, bright and inviting spacious 3-bedroom, 1.5-bath condominium-a perfect choice for families, first-time buyers, or savvy investors. Step inside to a bright and open living space featuring vinyl plank flooring throughout and all-new light fixtures, including ceiling fans in each bedroom. The modern kitchen is sure to impress with quartz countertops, subway tile backsplash, and plenty of workspace for cooking and entertaining. The primary bedroom offers a large closet and a private ensuite bathroom, while two additional generously sized bedrooms provide flexibility for family, guests, or a home office. You'll also appreciate the large walk-in storage room/pantry-a rare find in condo living! Enjoy relaxing or entertaining outdoors on your spacious balcony, with BBQs permitted for year-round enjoyment. This unit also includes an air conditioner, electric fireplace, and dining room consoles, plus a new electrical panel with breakers for added peace of mind. The building is quiet family friendly and well maintained in a park like setting. Offering on-site laundry, with condo fees that include heat, water, and parking-making this an affordable and worry-free lifestyle. Located in the sought-after White Oaks area, minutes from Highways 401 and 402, with schools, parks, malls, bus stops, and countless amenities all nearby.
Estimate your monthly payments for this property
Estimated Payment
$1,538.64/mo
Includes CMHC insurance ($8,367)
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.
1582 Ernest Avenue Unit 304, 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 $300/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 103 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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.