$539,900 - 21 GOODMAN Drive, London South
Detached for Sale in London South
35 days on market- MLS Number
- X13134176
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London South
- Listing Brokerage
- TEAM GLASSER REAL ESTATE BROKERAGE INC.
Tucked near the back of a quiet cul-de-sac, this charming home sits on an incredibly deep, oversized lot with a backyard that is truly hard to find within the city. Offering 3 bedrooms on the upper level plus a versatile 4th bedroom on the third level, the layout provides excellent flexibility for families, guests, or a dedicated office space. Inside, you'll find a bright and welcoming layout with large windows bringing in plenty of natural light, and a front living room refreshed with brand new flooring that creates a clean, modern feel as soon as you walk in. The home blends character and functionality with comfortable living spaces, a practical layout suited to families, first-time buyers, or investors, and a single-car garage for added convenience and storage. The standout feature is the massive backyard, offering exceptional privacy and rare space to explore the potential for an ADU, subject to buyer due diligence and municipal approvals. Ideally located just minutes from Highway 401, this property offers quick commuting access while still maintaining the quiet appeal of cul-de-sac living, and remains close to parks, schools, shopping, and everyday amenities.
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.
21 GOODMAN Drive, 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 35 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.