20 Kernohan Parkway Unit 1, London South

Price: $412,900

3 bedrooms, 4 bathrooms

1,400 sqft

Property Type: Condo

MLS#: X12934128

Great value on this spacious 3 bedroom, 4 bathroom townhome in an excellent South London location just off Springbank Drive & close to all amenities, schools & downtown. Former model home in this complex so loaded up with a list of unique features at this price point. One of only seven units in the complex, this is a corner/end unit with only one adjoining neighbour for added privacy & quiet on the rear deck. Spacious layout features an eat-in kitchen if desired plus large dining room with the bright kitchen offering patio door access to deck. Living room features a gas fireplace. 3 good sized bedrooms up including a Primary that will easily accommodate a king sized bed with a FULL 4 piece ensuite with corner tub & separate shower. 2 Skylights on the upper level allow an abundance of natural light into the upper landing area and additional 4 piece bath on 2nd floor. Lower level is finished with a huge family room with a 2nd gas fireplace and adjacent 2 piece bath. New Fridge & Stove 2025, New Washer & Dryer 2026. Approximately 1.464 sq ft above grade (as per MPAC) with additional sq footage in basement for approximately 1,800 sq ft of living space. Try and find another unit with attached garage, 2 gas fireplaces, 3 bedrooms & 4 bathrooms in this price range with an excellent location; it won't be easy!!!!

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$412,900 - 20 Kernohan Parkway Unit 1, London South

Condo for Sale in London South

81 days on market
3Beds
4Baths
1,400Sq Ft
Condo
Property Details
MLS Number
X12934128
Property Type
Condo
Status
active
Days on Site
81
Bedrooms
3
Bathrooms
4
Square Feet
1,400 sqft
Neighbourhood
London South
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
RE/MAX CENTRE CITY REALTY INC.
Description

Great value on this spacious 3 bedroom, 4 bathroom townhome in an excellent South London location just off Springbank Drive & close to all amenities, schools & downtown. Former model home in this complex so loaded up with a list of unique features at this price point. One of only seven units in the complex, this is a corner/end unit with only one adjoining neighbour for added privacy & quiet on the rear deck. Spacious layout features an eat-in kitchen if desired plus large dining room with the bright kitchen offering patio door access to deck. Living room features a gas fireplace. 3 good sized bedrooms up including a Primary that will easily accommodate a king sized bed with a FULL 4 piece ensuite with corner tub & separate shower. 2 Skylights on the upper level allow an abundance of natural light into the upper landing area and additional 4 piece bath on 2nd floor. Lower level is finished with a huge family room with a 2nd gas fireplace and adjacent 2 piece bath. New Fridge & Stove 2025, New Washer & Dryer 2026. Approximately 1.464 sq ft above grade (as per MPAC) with additional sq footage in basement for approximately 1,800 sq ft of living space. Try and find another unit with attached garage, 2 gas fireplaces, 3 bedrooms & 4 bathrooms in this price range with an excellent location; it won't be easy!!!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,118.39/mo

Includes CMHC insurance ($11,520)

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5-yr fixed avg.

Principal: $371,610Interest: $252,387
Mortgage Amount$383,130
Total Interest$252,387
Est. Property Tax$292/mo
Total Cost$635,517

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

20 Kernohan Parkway Unit 1, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$292
Insurance (est.)-$86
Net Cash Flow+$1,792

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 $295/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 81 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    20 Kernohan Parkway Unit 1, London South | $412,900 | Battaglia Team