1898 Fountain Grass Drive, London South

Price: $1,028,383

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X12737996

NEW GOVERNMENT INCENTIVES!! Welcome to 1898 Fountain Grass Drive, a beautifully crafted Saratoga custom two-storey home offering approximately 2,568 sq. ft. of elevated, thoughtfully designed living space. A soaring 14'+ foyer ceiling creates an immediate sense of space and light, while wide-plank hardwood floors, oversized windows, and clean architectural lines set an inviting tone throughout the main level. The great room is anchored by a floor-to-ceiling tiled fireplace, offering warmth and a perfect focal point.The kitchen is both stunning and thoughtful, featuring custom cabinetry, stone countertops, an oversized island, backsplash, and an elevated walk-in pantry with cupboards and countertops.. The dining area flows seamlessly from the kitchen, with the option to extend your living space outdoors to a covered rear deck, ideal for hosting or unwinding.Upstairs, you'll find four generously sized bedrooms, including a serene primary suite with a walk-in closet and spa-inspired ensuite complete with a freestanding tub, tiled shower, and upgraded black fixtures. A Jack & Jill bathroom and convenient second-floor laundry complete this well-planned level.This home is enhanced by an extensive list of upgrades, including upgraded flooring and tile, custom cabinetry and countertops, enhanced lighting, premium black garage doors, James Hardie siding, stone exterior accents, and a future separate basement entrance option, offering flexibility for the years ahead.

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$1,028,383 - 1898 Fountain Grass Drive, London South

Detached for Sale in London South

109 days on market
4Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X12737996
Property Type
Detached
Status
active
Days on Site
109
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
London South
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Description

NEW GOVERNMENT INCENTIVES!! Welcome to 1898 Fountain Grass Drive, a beautifully crafted Saratoga custom two-storey home offering approximately 2,568 sq. ft. of elevated, thoughtfully designed living space. A soaring 14'+ foyer ceiling creates an immediate sense of space and light, while wide-plank hardwood floors, oversized windows, and clean architectural lines set an inviting tone throughout the main level. The great room is anchored by a floor-to-ceiling tiled fireplace, offering warmth and a perfect focal point.The kitchen is both stunning and thoughtful, featuring custom cabinetry, stone countertops, an oversized island, backsplash, and an elevated walk-in pantry with cupboards and countertops.. The dining area flows seamlessly from the kitchen, with the option to extend your living space outdoors to a covered rear deck, ideal for hosting or unwinding.Upstairs, you'll find four generously sized bedrooms, including a serene primary suite with a walk-in closet and spa-inspired ensuite complete with a freestanding tub, tiled shower, and upgraded black fixtures. A Jack & Jill bathroom and convenient second-floor laundry complete this well-planned level.This home is enhanced by an extensive list of upgrades, including upgraded flooring and tile, custom cabinetry and countertops, enhanced lighting, premium black garage doors, James Hardie siding, stone exterior accents, and a future separate basement entrance option, offering flexibility for the years ahead.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,548.88/mo

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5-yr fixed avg.

Principal: $822,706Interest: $541,959
Mortgage Amount$822,706
Total Interest$541,959
Est. Property Tax$728/mo
Total Cost$1,364,665

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

1898 Fountain Grass Drive, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$728
Insurance (est.)-$214
Net Cash Flow+$2,608

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 $411/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 109 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.

Bathroom Count Matters

With 4 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 $4,285 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1898 Fountain Grass Drive, London South | $1,028,383 | Battaglia Team