2739 Asima Drive, London South

Price: $649,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X13170636

This luxurious 4-bedroom end-unit townhome offers 1,814 sq. ft. of beautifully finished living space, plus an unfinished basement perfect for future development. Located in the sought-after Summerside community, this upscale freehold townhome is designed to fit your lifestyle. The sun-filled, open-concept main floor flows seamlessly from the modern kitchen to the dining and living areas, creating the perfect space for entertaining family and friends. Upstairs, the spacious primary bedroom features a walk-in closet and a stunning 5-piece ensuite. You'll also appreciate the convenience of second-floor laundry and the attached 1-car garage. As an end unit, this home enjoys additional windows for abundant natural light and enhanced privacy - features rarely found in interior units. Built in 2020, this home offers stylish, modern living in a family-friendly neighborhood just minutes from parks, schools, walking trails, shopping, and quick access to Highbury Avenue and Highway 401.Don't miss your chance to own this exceptional Home Sweet Home - this one won't last long!

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$649,000 - 2739 Asima Drive, London South

Townhouse for Sale in London South

4Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X13170636
Property Type
Townhouse
Status
active
Days on Site
25
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London South
Listing Brokerage
ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Description

This luxurious 4-bedroom end-unit townhome offers 1,814 sq. ft. of beautifully finished living space, plus an unfinished basement perfect for future development. Located in the sought-after Summerside community, this upscale freehold townhome is designed to fit your lifestyle. The sun-filled, open-concept main floor flows seamlessly from the modern kitchen to the dining and living areas, creating the perfect space for entertaining family and friends. Upstairs, the spacious primary bedroom features a walk-in closet and a stunning 5-piece ensuite. You'll also appreciate the convenience of second-floor laundry and the attached 1-car garage. As an end unit, this home enjoys additional windows for abundant natural light and enhanced privacy - features rarely found in interior units. Built in 2020, this home offers stylish, modern living in a family-friendly neighborhood just minutes from parks, schools, walking trails, shopping, and quick access to Highbury Avenue and Highway 401.Don't miss your chance to own this exceptional Home Sweet Home - this one won't last long!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,329.71/mo

Includes CMHC insurance ($18,107)

$
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5%10%50%

5-yr fixed avg.

Principal: $584,100Interest: $396,705
Mortgage Amount$602,207
Total Interest$396,705
Est. Property Tax$460/mo
Total Cost$998,912

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.

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Neighbourhood Guide: London South

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

2739 Asima Drive, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$2,485

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $433/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 25 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in London South have shown strong appreciation as families seek more space.

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 $2,704 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2739 Asima Drive, London South | $649,000 | Battaglia Team