$849,900 - 249 Halls Mill Road, London South
Detached for Sale in London South
43 days on market- MLS Number
- X13097536
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London South
- Lot Size
- 1 sqft
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Step back in time and experience a piece of Byron history. 249 Halls Mill Road is truly a one of kind opportunity. The property is situated on large lot (just over a half acre), and is also abutting Halls Mills Park, giving the property an incredibly private wooded setting, while still being just steps to the heart of Byron. The lot is fully serviced, but provides a country living experience without the commute and inconvenience. Enjoy views of mature trees out original, triple molding framed pane glass windows from bright rooms with grand nine and a half foot ceilings. With the Thames River a short walk down the dead-end street, the property's proximity to the river's wildlife corridor affords backyard views of deer, songbirds, turkeys, and geese. The farm like setting includes a coach house sized timber frame 2 story structure, which was originally a summer kitchen near main house, but was repurposed for sports car and tractor storage, workshop activities and second floor art studio. The original timber frame house was also moved onto a cement foundation in the 1950's, affording a partly finished dry basement, along with many other modernizations. The main house has a family room addition that was stylistically merged into the period of the house. A brand-new boiler and hot water system drives radiant heat emanating from ornate radiators. Meticulously restored by an artist, this well-maintained house has authentic 1800s charm. While veiled in a buffer of nature, the house is a short walk from to restaurants, cafes, groceries, pharmacy, LCBO, library, and all that Byron has to offer. A unique blend of convenience and charm. A trail at the foot of the property connects to the adjacent Springbank Park, unlocking cycling access to downtown London, Western University and south London. Opportunities like this seldom present themselves. Don't delay.
Estimate your monthly payments for this property
Estimated Payment
$4,360.43/mo
Includes CMHC insurance ($23,712)
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.
249 Halls Mill 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 $567/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 43 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.
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.
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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.