$539,900 - 3960 MIA Avenue, London South
New Construction for Sale in London South
57 days on market- MLS Number
- X13035432
- Property Type
- New Construction
- Status
- active
- Days on Site
- 57
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London South
- Listing Brokerage
- SUTTON GROUP PREFERRED REALTY INC.
This Two Story 1582 Sq Ft Freehold Row Townhome has NO Condo Fees! Welcome Home to the Rockport model this 3 bed, 2.5 bath townhome is an interior unit with open concept main floor living plan that is highly sought after. At the front entry you have a coat closet and a 2 piece guest bath, enclosed laundry room set up for side by side pair, then a few steps into the heart of the home. A larger table will fit in the Dinette for family meals or sit up at the Kitchen breakfast bar, the Great Room upgraded to include laminate flooring, is bright with 2 windows & a large patio door facing south rear-yard. Upstairs Master retreat offers a north view of the street, a large walk-in closet and private 3pc bath with a 5' shower. Upstairs hall has good sized linen closet, a 4 pc bath shared between bedrooms 2 & 3 each fairly equal in size with south facing windows. This basement is roughed-in for a future 3 pc bath, & has a large egress window for future development. Utilities, laundry sink, water heater, furnace are all neatly organized in one area close to rough-in. Entry door from the private 10x20' garage into the main floor hall as well a rear man-door to access the backyard breezeway shared for your back-lawn maintenance. These townhomes have natural gas heat, are located in desirable south-west London Close to all amenities and quick access to the highway south of the city.
Estimate your monthly payments for this property
Estimated Payment
$2,769.97/mo
Includes CMHC insurance ($15,063)
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.
3960 MIA 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 $360/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 57 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.
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.
Bathroom Count Matters
With 3 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 $2,250 (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.