$759,999 - 3150 Morgan Avenue, London South
Detached for Sale in London South
71 days on market- MLS Number
- X12974848
- Property Type
- Detached
- Status
- active
- Days on Site
- 71
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London South
- Listing Brokerage
- BLUE FOREST REALTY INC.
Welcome to 3150 Morgan Ave, a beautifully maintained bungalow nestled in the highly sought-after Andover Trails neighbourhood of South London. Built in 2015, this modern single-level home offers the perfect blend of style, comfort, and convenience. Step inside to discover a bright, open-concept layout featuring two spacious bedrooms and two full bathrooms. The main living area is highlighted by soaring cathedral ceilings and a cozy fireplace, creating a warm and inviting space ideal for both relaxing and entertaining year-round. A versatile den on the main floor adds incredible flexibility-perfect as a home office, guest room, or potential third bedroom to suit your lifestyle needs. Outside, the home continues to impress. Set on a generously sized lot, the fully fenced backyard features a deck and patio area-an ideal setting for summer gatherings, quiet mornings, or evening unwinding. An additional enclosed outdoor space offers endless possibilities, perfect for dogs, gardening or a private retreat. The property also includes a spacious two-car attached garage and an unspoiled basement ready for your personal vision-offering excellent potential for added living space. Move-in ready and thoughtfully designed, this home is a fantastic opportunity for those seeking modern, low-maintenance living in a well-established and family-friendly community.
Estimate your monthly payments for this property
Estimated Payment
$3,899.19/mo
Includes CMHC insurance ($21,204)
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.
3150 Morgan Avenue, 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 $507/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 71 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.
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 $3,167 (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.