$499,999 - 3 Lacey Crescent, London South
Semi-Detached for Sale in London South
58 days on market- MLS Number
- X13033108
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 58
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London South
- Listing Brokerage
- BLUE FOREST REALTY INC.
Situated on a quiet, family-friendly street, this beautifully maintained 3-bedroom home offers the perfect blend of comfort, style, and thoughtful upgrades. The open-concept main floor features a spacious living and dining area, ideal for both everyday living and entertaining. The bright kitchen is filled with natural light and showcases stainless steel appliances, including a refrigerator purchased in December 2025, along with a new quartz countertop, ceramic backsplash, and updated flooring and subflooring. Upstairs, you'll find an expansive primary bedroom along with two additional generously sized bedrooms, ideal for families or those needing extra space. The updated upper bathroom includes a new tub, tiled surround, modern faucets, and vanity, while the main floor powder room has also been refreshed with new flooring and tile backsplash. The lower level offers a large rec room, perfect for movie nights or a home retreat, along with a laundry area featuring a washer and dryer purchased in December 2025 and additional shelving added by the current owners to provide a substantial amount of extra storage. The furnace was also replaced in 2025, offering peace of mind for years to come. A convenient walkout leads to the backyard patio, where you'll find a stunning outdoor space enhanced by over $70,000 in recent concrete work, including a large patio, firepit area, garden walkways, and a wraparound path extending to the front of the home. The backyard also features a new fence and gate, a 2025 Beachcomber hot tub with a lifetime warranty on the exterior and cover, a professionally regraded lawn to eliminate pooling, and a private putting green for added enjoyment. Completing the home is a private paved driveway with space for three vehicles and a newly poured concrete walkway leading to the front porch. Located within walking distance to schools, shopping, and local amenities, and surrounded by wonderful neighbours, this home is move-in ready and not to be missed.
Estimate your monthly payments for this property
Estimated Payment
$2,565.25/mo
Includes CMHC insurance ($13,950)
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.
3 Lacey Crescent, 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 $714/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 58 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.