41 High Street, London South

Price: $414,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Multi-Family

MLS#: X12887068

Welcome to 41 High St, located within walking distance to Old South - a charming neighbourhood known for its coffee shops, restaurants, live entertainment, and boutique gift stores. This duplex features both an upper and main floor unit, each offering 2 bedrooms and 1 bathroom. The main floor unit includes high ceilings, large windows, and a mudroom with private laundry. The upper unit features a newly renovated kitchen (2021), a spacious bathroom, and a private balcony with west-facing views. The property includes 2 parking spaces plus a garage.

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$414,900 - 41 High Street, London South

Multi-Family for Sale in London South

94 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Multi-Family
Property Details
MLS Number
X12887068
Property Type
Multi-Family
Status
active
Days on Site
94
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London South
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Welcome to 41 High St, located within walking distance to Old South - a charming neighbourhood known for its coffee shops, restaurants, live entertainment, and boutique gift stores. This duplex features both an upper and main floor unit, each offering 2 bedrooms and 1 bathroom. The main floor unit includes high ceilings, large windows, and a mudroom with private laundry. The upper unit features a newly renovated kitchen (2021), a spacious bathroom, and a private balcony with west-facing views. The property includes 2 parking spaces plus a garage.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,128.65/mo

Includes CMHC insurance ($11,576)

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5-yr fixed avg.

Principal: $373,410Interest: $253,610
Mortgage Amount$384,986
Total Interest$253,610
Est. Property Tax$294/mo
Total Cost$638,596

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

41 High Street, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
8.2%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$294
Insurance (est.)-$86
Net Cash Flow+$2,820

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 $377/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 94 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London South. Good resale value as demand remains consistent.

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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    41 High Street, London South | $414,900 | Battaglia Team