$524,900 - 20 Kernohan Parkway Unit 23, London South
Condo for Sale in London South
- MLS Number
- X13160224
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
A rare updated one-floor condo townhome offering the best of both worlds: a private rear deck with green space behind, while still being truly steps from Southcrest Shopping Plaza, featuring Giant Tiger, Tim Hortons, Pet Valu, restaurants, services, and everyday conveniences. For downsizers or buyers wanting less reliance on a car now or in the future, this is a hard-to-find combination: a quiet setting with real walkability, without being positioned on a busy corner or high-traffic stretch. Inside, this bright and well-kept home offers comfortable bungalow-style living with an attached garage, driveway parking, and convenient main-floor laundry. The main level features an open living and dining area with updated flooring, in-ceiling lighting, a built-in electric fireplace/media wall, and walkout access to the southwest-facing deck. The kitchen offers stone counters, ample cabinetry, and a practical layout with everything within easy reach. Two bedrooms, a full bathroom, a powder room, and laundry complete the main floor. The finished lower level adds flexible space with a rec room, third bedroom, full bathroom, and storage, making it ideal for guests, hobbies, visiting family, or a quiet work-from-home setup. Located close to Springbank Park, walking trails, transit, shopping, restaurants, and daily essentials, this is a strong option for anyone looking for low-maintenance, one-floor living without moving into an apartment-style condo.
Estimate your monthly payments for this property
Estimated Payment
$2,693.01/mo
Includes CMHC insurance ($14,645)
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.
20 Kernohan Parkway Unit 23, 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 $525/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 28 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.
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 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 $2,187 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.