$599,900 - 198 Buckingham Street, London South
Detached for Sale in London South
94 days on market- MLS Number
- X12890930
- Property Type
- Detached
- Status
- active
- Days on Site
- 94
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London South
- Listing Brokerage
- THE REALTY FIRM INC.
South East London presents 198 Buckingham Street, a beautifully updated brick bungalow that effortlessly blends stylish design with comfortable, practical family living. The inviting main level features refinished blonde hardwood flooring throughout and a bright, welcoming living room anchored by a stunning gas fireplace and charming arched built-in shelving on either side, creating a warm and elegant focal point. The thoughtfully designed U-shaped white kitchen offers stainless steel appliances, tasteful finishes, and a stylish wallpaper accent that adds a touch of personality and charm. The adjacent dining area features a custom built-in bench with storage and convenient patio door access to the backyard, creating the perfect setting for both everyday meals and effortless entertaining. The main floor also includes a convenient 2-piece powder room and three well-appointed bedrooms, including the spacious primary retreat complete with its own private 4-piece ensuite. The fully finished lower level expands the living space with a large, comfortable rec room featuring classic Billy bookcase built-ins, a generous fourth bedroom, a 3-piece bathroom, and ample storage, laundry, and utility space. Completing this impressive property is an attached single-car garage and a large, fully fenced backyard with a rear deck and pergola - ideal for relaxing evenings, summer barbecues, and outdoor entertaining. Ideally located just minutes to Highway 401, Victoria & Children's Hospitals, shopping, schools, parks, and scenic trails, this move-in-ready home offers an exceptional combination of style, comfort, and convenience. Furnace & A/C (2017 approx.)
Estimate your monthly payments for this property
Estimated Payment
$3,077.80/mo
Includes CMHC insurance ($16,737)
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 Buckingham Street, 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 $545/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 94 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 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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.