$999,000 - 194 Commissioners Road, London South
Detached for Sale in London South
65 days on market- MLS Number
- X13001954
- Property Type
- Detached
- Status
- active
- Days on Site
- 65
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- London South
- Listing Brokerage
- RE/MAX CENTRE CITY REALTY INC.
Welcome to 194 Commissioners Road East. This sprawling 3 bedroom, 3 bathroom bungalow with lower level walk out is situated in the well established Highland community of London. Over 3,700 square feet of finished living space, this home is perfect for larger families or generational living. The 185 foot deep lot offers potential for additional residential units, swimming pool or large playground for the kids and animals. The main floor boasts a huge open concept living, kitchen and dining area, with patio doors off the rear to your upper deck. Enjoy the fireplace and main floor laundry on this level. There are 2 bedrooms on the main floor with the primary bedroom offering a large 5 piece ensuite and walk in wardrobe. In the lower level, a second set of patio doors leads to a paved patio and the expansive backyard. Another large bedroom, full bathroom and huge living area with gas fireplace and additional recreation area, make this level suitable for mortgage helpers and family members alike. There is loads of storage in this property including a double car garage and ample parking on the driveway. Situated on a main road, and across from the Highland Golf Club and neighbouring Wortley Village and Mountsfield Public School, this home is near to everything.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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.
194 Commissioners Road, 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 $285/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 65 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.