30 Conway Lane, London South

Price: $559,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X12846170

Welcome to 30 Conway Lane, a solid and much-loved 4-level backsplit that's been cared for by the same owner for almost 30 years- every inch has been well looked after so you can move in with confidence. Much bigger than it appears from the outside, this home features 3 generous bedrooms and 2 full bathrooms, all arranged over four levels that offer flexible living areas and plenty of room to spread out. Inside, you'll find newer stainless steel fridge, stove, and dishwasher. Important updates are already done for you, including vinyl windows and a roof (2023), and upstairs Bathtub (Bathfitter's), giving you peace of mind for years to come. Outside, enjoy a lovely deck with a retractable awning-perfect for morning coffee, evening barbecues, or simply relaxing in the shade-along with a well-kept yard with room to garden, play, or unwind. Located on quiet Conway Lane in a desirable London neighbourhood, you're close to schools, parks, and playgrounds, with convenient access to shopping, restaurants, everyday amenities, and major routes for easy commuting across the city. Possession date is flexible to suit the buyer's needs. 30 Conway Lane isn't just a house; it's a long-time, well-cared-for home that's ready for its next chapter-waiting for its next owner to bring fresh ideas, modern updates, and the same kind of love it's enjoyed for decades.***MORE PHOTOS COMING THIS FRIDAY***

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$559,900 - 30 Conway Lane, London South

Detached for Sale in London South

107 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X12846170
Property Type
Detached
Status
active
Days on Site
107
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London South
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Welcome to 30 Conway Lane, a solid and much-loved 4-level backsplit that's been cared for by the same owner for almost 30 years- every inch has been well looked after so you can move in with confidence. Much bigger than it appears from the outside, this home features 3 generous bedrooms and 2 full bathrooms, all arranged over four levels that offer flexible living areas and plenty of room to spread out. Inside, you'll find newer stainless steel fridge, stove, and dishwasher. Important updates are already done for you, including vinyl windows and a roof (2023), and upstairs Bathtub (Bathfitter's), giving you peace of mind for years to come. Outside, enjoy a lovely deck with a retractable awning-perfect for morning coffee, evening barbecues, or simply relaxing in the shade-along with a well-kept yard with room to garden, play, or unwind. Located on quiet Conway Lane in a desirable London neighbourhood, you're close to schools, parks, and playgrounds, with convenient access to shopping, restaurants, everyday amenities, and major routes for easy commuting across the city. Possession date is flexible to suit the buyer's needs. 30 Conway Lane isn't just a house; it's a long-time, well-cared-for home that's ready for its next chapter-waiting for its next owner to bring fresh ideas, modern updates, and the same kind of love it's enjoyed for decades.***MORE PHOTOS COMING THIS FRIDAY***

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,872.58/mo

Includes CMHC insurance ($15,621)

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5-yr fixed avg.

Principal: $503,910Interest: $342,242
Mortgage Amount$519,531
Total Interest$342,242
Est. Property Tax$397/mo
Total Cost$861,773

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

30 Conway Lane, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$397
Insurance (est.)-$117
Net Cash Flow+$2,286

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 $509/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 107 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.

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 $2,333 (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.

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    30 Conway Lane, London South | $559,900 | Battaglia Team