$539,900 - 198 Arlington Crescent, London South
Detached for Sale in London South
- MLS Number
- X13154168
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London South
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
This charming bungalow located on Arlington Crescent is located close to Victoria Hospital and Glen Cairn Park. The home has been tastefully updated with over 1,800 sqft of finished space, with 3 bedrooms on the main level as well as 2 bedrooms in the basement. The main floor has hardwood throughout with a tiled floor in the kitchen area. You enter to the large living room with lots of natural light and a fireplace with mantle. The dining area overlooks the kitchen that comes complete with stainless steel appliances, backsplash and plenty of storage. The 3 bedrooms on the main level are spacious, and the 4-piece bathroom has a tiled shower with tub combination. The basement is finished and has a great rec room / sitting area. There are an additional 2 bedrooms with a great 5-piece bathroom boasting a soaker tub and separate tiled shower as well as double vanity. The backyard has a deck area, is fully fenced and has a great playground for the little ones.
Estimate your monthly payments for this property
Estimated Payment
$2,769.97/mo
Includes CMHC insurance ($15,063)
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.
198 Arlington Crescent, 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 $771/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.
Market Position
At 29 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.
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.
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 $2,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.