$619,900 - 40 Quinella Drive Unit 28, London South
Condo for Sale in London South
58 days on market- MLS Number
- X13029138
- Property Type
- Condo
- Status
- active
- Days on Site
- 58
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
Welcome to Unit 28 - a beautifully maintained condo offering that sweet spot between comfort, convenience, and low-maintenance living. Tucked into a quiet, well-cared-for community, it's the kind of place that works just as well for first-time buyers as it does for downsizers or anyone ready to simplify without sacrificing style.Step inside and you'll feel it right away - bright, functional, and easy to live in. The main floor features a welcoming living space with oversized windows, a spacious kitchen with an induction stove and plenty of cabinetry, and a dining area that opens directly to your private patio... morning coffee, summer BBQs, done.You've got two generous bedrooms on the main level, including a primary suite with walk-in closet and ensuite, plus a full bath for family or guests.Downstairs? That's where the flexibility kicks in. A finished lower level gives you options - cozy family room, home office, guest space - complete with another full bathroom.And the real standout... your private courtyard terrace. This is your own little escape. Think quiet mornings, relaxed afternoons, or evenings around a fire.Bonus: there's an on-site pool, so summer here feels a little more like a staycation.Big-ticket updates are already handled - furnace, electrical, appliances, and laundry all updated you want it.Condo fees cover snow removal, grass cutting, roof, and common areas... because your time should be spent enjoying your home, not maintaining it.
Estimate your monthly payments for this property
Estimated Payment
$3,180.41/mo
Includes CMHC insurance ($17,295)
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.
40 Quinella Drive Unit 28, 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 $443/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 58 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.
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 $2,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.