$749,000 - 305 Andover Drive, London South
Detached for Sale in London South
- MLS Number
- X13174514
- Property Type
- Detached
- Status
- active
- Days on Site
- 24
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London South
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
Step into this beautifully designed family home in the heart of South London, where comfort, functionality, and space come together perfectly. From the moment you walk in, you'll appreciate the inviting layout designed with everyday family living in mind. The main level offers a bright living and dining area seamlessly connected for entertaining, featuring hardwood flooring, while the spacious kitchen opens to a cozy family room- offers added privacy and features a charming wood fireplace with backyard views. Conveniently located on the main floor are a powder room, laundry room, and direct access to the double-car garage. Upstairs, you'll find four generously sized bedrooms, with hardwood flooring throughout the second level, including a spacious primary retreat designed for comfort and relaxation. The primary bedroom leads into a private 4-piece ensuite featuring a relaxing jetted soaker tub, with a walk-in closet conveniently located through the ensuite bathroom. An additional full bathroom serves the remaining bedrooms, making this upper level both functional and ideal for growing families. The finished basement adds even more living space and includes a full bathroom, offering excellent potential for an in-law setup, recreation area, home gym, or whatever suits your lifestyle needs. Step outside from the kitchen onto a large deck overlooking the massive deep backyard surrounded by mature cedar trees - a perfect space for entertaining, gardening, or simply enjoying summer evenings with family and friends.Located in a highly desirable family-friendly neighbourhood in South London, this home is close to excellent schools, shopping, restaurants, gas stations, the YMCA, parks, and many everyday amenities, with convenient access to everything your family needs. Make this beautiful home yours today!
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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.
305 Andover Drive, 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 $375/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 24 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.
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 4 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 $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.