183 Farmington Way, London South

Price: $729,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13437484

Welcome to this two-storey Sifton-built home in Westmount, just west of Cranbrook. Set on one of the deepest lots (55x198x107x167) in this lovely tree lined neighbourhood. This three-bedroom, 2.5 bath home offers many recent updates, including new carpet, flooring, and paint, as well as a fully renovated ensuite and main bathroom. The second floor has a spacious primary bedroom with a large walk-in closet and a beautiful 3-piece ensuite, plus two ample bedrooms and a 4-piece bath. The formal living and dining rooms are ideal for holiday gatherings. The kitchen opens to the cozy family room (with wood burning fireplace), creating a comfortable space for casual get-togethers, movie nights, or keeping an eye on the children. The family room door makes for easy access to the back yard and patio. A 2-piece powder room completes the main floor. The unfinished basement is ready to be customized to suit your needs, whether as a games room, workout space, or additional family room. The double car garage has inside entry, and the driveway can park 4 vehicles. This lovely home is conveniently located near schools, a wide variety of shops and restaurants, the new Bostwick Community Centre ( arena, YMCA, library), and Boler Mountain Ski Facility. It is also just a short 10 minute drive to Highways 401 and 402

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New Listing
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$729,000 - 183 Farmington Way, London South

Detached for Sale in London South

New — Listed 7 days ago
3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13437484
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London South
Lot Size
14,015 sqft
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

Welcome to this two-storey Sifton-built home in Westmount, just west of Cranbrook. Set on one of the deepest lots (55x198x107x167) in this lovely tree lined neighbourhood. This three-bedroom, 2.5 bath home offers many recent updates, including new carpet, flooring, and paint, as well as a fully renovated ensuite and main bathroom. The second floor has a spacious primary bedroom with a large walk-in closet and a beautiful 3-piece ensuite, plus two ample bedrooms and a 4-piece bath. The formal living and dining rooms are ideal for holiday gatherings. The kitchen opens to the cozy family room (with wood burning fireplace), creating a comfortable space for casual get-togethers, movie nights, or keeping an eye on the children. The family room door makes for easy access to the back yard and patio. A 2-piece powder room completes the main floor. The unfinished basement is ready to be customized to suit your needs, whether as a games room, workout space, or additional family room. The double car garage has inside entry, and the driveway can park 4 vehicles. This lovely home is conveniently located near schools, a wide variety of shops and restaurants, the new Bostwick Community Centre ( arena, YMCA, library), and Boler Mountain Ski Facility. It is also just a short 10 minute drive to Highways 401 and 402

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,740.15/mo

Includes CMHC insurance ($20,339)

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5-yr fixed avg.

Principal: $656,100Interest: $445,605
Mortgage Amount$676,439
Total Interest$445,605
Est. Property Tax$516/mo
Total Cost$1,122,044

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

183 Farmington Way, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$516
Insurance (est.)-$152
Net Cash Flow+$2,132

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 $486/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.

Just Listed - Act Strategically

This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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.

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.

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 $3,038 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    183 Farmington Way, London South | $729,000 | Battaglia Team