$1,199,999 - 2285 Lilac Avenue, London South
Detached for Sale in London South
- MLS Number
- X13215838
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London South
- Lot Size
- 8,331 sqft
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Welcome to Wickerson Heights in sought-after Byron, where this stunning custom-built executive ranch is perfectly positioned on a a quiet corner pie-shaped lot surrounded by mature trees and exceptional privacy. Offering over 3,000 sq ft of beautifully finished living space, this elegant one-floor home showcases timeless craftsmanship and quality throughout, featuring 3+1 bedrooms, 3 full baths, Anderson windows, 30-year shingles, crown moulding, soaring 9 ft ceilings, transom windows, 6" baseboards, and rich maple hardwood flooring. Designed for both entertaining and everyday luxury, the gourmet kitchen boasts granite countertops, a walk-in pantry, and a sun-filled breakfast nook, flowing seamlessly into the formal dining room and expansive great room highlighted by a custom mantel fireplace. Step outside to the fully fenced backyard retreat with incredible privacy, abundant entertaining space, covered concrete patio, enclosed porch, and a large custom shed - perfect for creating your dream outdoor oasis. The oversized garage offers basement access and gas BBQ hookup for added convenience. The professionally finished lower level adds tremendous versatility with a spacious family room, additional bedroom, full bath, hobby area, cold cellar, and extensive storage. Built with energy-efficient 2x6 construction, upgraded insulation, and solid spruce roof boards, this meticulously maintained home delivers last quality, comfort, and value. Enjoy an outstanding outdoor lifestyle just minutes to Boler Mountain, scenic walking and biking trails, beautiful parks, and the natural beauty Byron is famous for. Rarely do homes of this calibre become available in such a peaceful, established neighbourhood - an exceptional opportunity you won't want to miss.
Estimate your monthly payments for this property
Estimated Payment
$5,308.00/mo
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.
2285 Lilac Avenue, 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 $800/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 15 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.
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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.