$429,900 - 216 Thompson Road, London South
Detached for Sale in London South
52 days on market- MLS Number
- X13051342
- Property Type
- Detached
- Status
- active
- Days on Site
- 52
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London South
- Listing Brokerage
- THE REALTY FIRM INC.
** PROPERTY SOLD CONDITIONALLY. OPEN HOUSES CANCELLED*** South London presents 216 Thompson Road, a charming, move-in ready home loaded with big-ticket updates, perfect for first-time buyers, downsizers, or investors.Curb appeal shines with a fresh concrete driveway and beautifully maintained landscaping. Inside, the main level features an L-shaped white kitchen with convenient backyard access, an open-concept dining and living area, two generously sized bedrooms, and a full 4-piece bath.The upper level offers a private primary retreat, complete with a 2-piece powder room, a bright front loft space ideal for a home office or cozy reading nook, and skylights that fill the space with natural light.The fully finished lower level provides a spacious recreation room, along with a utility area, laundry, and ample storage.Step outside to a tidy, fully fenced backyard featuring a patio BBQ area just off the kitchen and plenty of green space for kids and pets to enjoy.Ideally located minutes from Victoria Hospital, scenic parks with trails, close to schools, shopping, public transit, dog parks, and easy access to Highway 401.Notable updates include: plumbing and mechanical updates (2018), newer doors (2018), electrical panel (~2009) with updated wiring over the years, front porch (2018), furnace & A/C (2025), upper windows & skylights (2025), bathroom tub/tile (2021), roof (2025), and concrete driveway (2025).
Estimate your monthly payments for this property
Estimated Payment
$2,205.61/mo
Includes CMHC insurance ($11,994)
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.
216 Thompson Road, 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 $391/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 52 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.
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.
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.