$999,400 - 2424 Black Rail Terrace, London South
Detached for Sale in London South
108 days on market- MLS Number
- X12826968
- Property Type
- Detached
- Status
- active
- Days on Site
- 108
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London South
- Lot Size
- 9,085 sqft
- Listing Brokerage
- ROYAL LEPAGE FLOWER CITY REALTY
(((Yes, Its Priced To Act Now))) A Fully Upgraded 5 Bedrooms & 5 Bathrooms Home Located On One of the Largest Pie Shaped Lot On the street !! Offering Approx 3,300 sqft of luxurious living space, 8ft Dbl Door Entry, 6 Car Parking On Driveway !! This home has been thoughtfully Designed w Modern Amenities and High-End finishes throughout. The Main Floor Features Hardwood Floor, 9ft Smooth Ceilings Through-Out and Open-concept Layout, with a Custom Modern kitchen at the Heart of the Home complete with a Gas stove, B/I ovens, Oversized Island, and Modern Backsplash. It flows seamlessly into the Living and Dining areas, Perfect for Entertaining!! Upstairs, the Primary suite is a True retreat, boasting a spacious 5-pc ensuite with a floating sink, Free Standing Tub, Glass Shower and a Huge Walk-in closet With Closet Organizer & Large Window!! Two additional bedrooms are connected by a Jack-and-Jill 4-pc bathroom & 2 Seperate Sinks !! Fourth bedroom with 4-pc bath completing the Upper Level!! The fully professionally finished basement is a perfect space for Family entertainment, featuring A Large Rec room, A bedroom, and a Full bathroom with Huge Glass Shower And Upgraded Tiles. For those seeking extra convenience, the Home also includes a breaker-ready EV car charger plug in the garage and a hot tub plug in the backyard, 200 Amp Electric Panel. The Premium lot is fully fenced with two Large gates. The large driveway can accommodate up to 6 cars, in addition to the 2-car garage. This Beautiful Home is just minutes from Boler Mountain, walking trails, restaurants, and more!! Built by Jefferson Homes Limited, this home Truly offers the perfect combination of comfort, style, and functionality!! Don't miss the opportunity to call this exceptional property your own!
Estimate your monthly payments for this property
Estimated Payment
$5,127.44/mo
Includes CMHC insurance ($27,883)
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.
2424 Black Rail Terrace, 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 $500/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 108 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London South.
Bathroom Count Matters
With 5 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 $4,164 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.