3320 Meadowgate Boulevard Unit 38, London South

Price: $459,999

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13184322

An excellent opportunity for first-time homebuyers or investors! This well-maintained home offers 3 spacious bedrooms and 2 bathrooms, making it ideal for families, downsizers, or rental potential. The bright and inviting living area provides plenty of room for relaxing and entertaining, while the functional kitchen features ample cabinet and counter space for everyday convenience. Additional features include in-unit laundry, generous storage space, central air conditioning, and forced-air heating for year-round comfort. The unfinished basement offers endless possibilities for future development, including a rough-in for an additional bathroom and extra storage space. Enjoy affordable living with low condo fees and a convenient location close to shopping, restaurants, schools, parks, and quick highway access. Move-in ready and full of potential -don't miss your chance to own this fantastic property. Book your showing today! The Parking Spot Closer to #38 is always used as a second Parking Spot by Owner and Tenants , Tenant Willing to Stay or Vacate Upon Closing .

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$459,999 - 3320 Meadowgate Boulevard Unit 38, London South

Condo for Sale in London South

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13184322
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
London South
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

An excellent opportunity for first-time homebuyers or investors! This well-maintained home offers 3 spacious bedrooms and 2 bathrooms, making it ideal for families, downsizers, or rental potential. The bright and inviting living area provides plenty of room for relaxing and entertaining, while the functional kitchen features ample cabinet and counter space for everyday convenience. Additional features include in-unit laundry, generous storage space, central air conditioning, and forced-air heating for year-round comfort. The unfinished basement offers endless possibilities for future development, including a rough-in for an additional bathroom and extra storage space. Enjoy affordable living with low condo fees and a convenient location close to shopping, restaurants, schools, parks, and quick highway access. Move-in ready and full of potential -don't miss your chance to own this fantastic property. Book your showing today! The Parking Spot Closer to #38 is always used as a second Parking Spot by Owner and Tenants , Tenant Willing to Stay or Vacate Upon Closing .

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,360.03/mo

Includes CMHC insurance ($12,834)

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5-yr fixed avg.

Principal: $413,999Interest: $281,177
Mortgage Amount$426,833
Total Interest$281,177
Est. Property Tax$326/mo
Total Cost$708,010

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 Unit 38, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$326
Insurance (est.)-$96
Net Cash Flow+$1,718

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 $383/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 22 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.

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.

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.

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    3320 Meadowgate Boulevard Unit 38 | $459,999 | Battaglia Team