3320 MEADOWGATE BOULEVARD N/A Unit 58, London South

Price: $399,000

2 bedrooms, 1 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12675624

Discover the perfect blend of comfort and convenience at 3320 Meadowgate Boulevard, Unit #58! This charming 2-bedroom unit welcomes you with a walk-up entrance to a bright and inviting living space, creating a warm and welcoming atmosphere. Enjoy the luxury of a well-appointed 4-piece primary bathroom, providing both style and functionality. The unit boasts two bedrooms, offering versatility for your living arrangements, whether it's a cozy home office or a guest retreat. Situated in the great and rapidly growing area of the city, this residence provides easy access to the highway, ensuring seamless connectivity to various amenities. Don't miss the opportunity to be part of this flourishing community.

3320 MEADOWGATE BOULEVARD N/A Unit 58 - Condo photo 1 of 24 in London South, Ontario
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$399,000 - 3320 MEADOWGATE BOULEVARD N/A Unit 58, London South

Condo for Sale in London South

108 days on market
2Beds
1Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12675624
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
2
Bathrooms
1
Square Feet
1,200 sqft
Neighbourhood
London South
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
THE REALTY FIRM INC.
Description

Discover the perfect blend of comfort and convenience at 3320 Meadowgate Boulevard, Unit #58! This charming 2-bedroom unit welcomes you with a walk-up entrance to a bright and inviting living space, creating a warm and welcoming atmosphere. Enjoy the luxury of a well-appointed 4-piece primary bathroom, providing both style and functionality. The unit boasts two bedrooms, offering versatility for your living arrangements, whether it's a cozy home office or a guest retreat. Situated in the great and rapidly growing area of the city, this residence provides easy access to the highway, ensuring seamless connectivity to various amenities. Don't miss the opportunity to be part of this flourishing community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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

3320 MEADOWGATE BOULEVARD N/A Unit 58, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,374

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 $333/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 108 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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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    3320 MEADOWGATE BOULEVARD N/A Unit 58 | $399,000 | Battaglia Team