424 Base line Road, London South

Price: $499,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X12894992

Welcome to 424 Base Line Road East, a well-maintained home offering comfort, functionality, and an unbeatable location in the heart of London. This 3-bedroom, 2-bathroom property features beautiful hardwood floors throughout the main living areas and a newer gas fireplace that adds warmth and character to the space. The layout is practical and inviting, with bright principal rooms designed for everyday living.The large, mostly finished basement provides excellent additional living space with a 3 piece bathroom, perfect for a family room, home office, or potential in-law setup. Step outside to a spacious deck overlooking the backyard, ideal for relaxing or entertaining during the warmer months.Conveniently located just minutes from Wortley Village, Victoria Hospital, and quick access to Highway 401, this home is perfectly positioned for both lifestyle and commuting needs. Whether you're a first-time buyer looking to enter the market or someone seeking the ease of one-floor living, this property offers incredible value and flexibility in a sought-after area.

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$499,900 - 424 Base line Road, London South

Detached for Sale in London South

93 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X12894992
Property Type
Detached
Status
active
Days on Site
93
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London South
Listing Brokerage
THE REALTY FIRM INC.
Description

Welcome to 424 Base Line Road East, a well-maintained home offering comfort, functionality, and an unbeatable location in the heart of London. This 3-bedroom, 2-bathroom property features beautiful hardwood floors throughout the main living areas and a newer gas fireplace that adds warmth and character to the space. The layout is practical and inviting, with bright principal rooms designed for everyday living.The large, mostly finished basement provides excellent additional living space with a 3 piece bathroom, perfect for a family room, home office, or potential in-law setup. Step outside to a spacious deck overlooking the backyard, ideal for relaxing or entertaining during the warmer months.Conveniently located just minutes from Wortley Village, Victoria Hospital, and quick access to Highway 401, this home is perfectly positioned for both lifestyle and commuting needs. Whether you're a first-time buyer looking to enter the market or someone seeking the ease of one-floor living, this property offers incredible value and flexibility in a sought-after area.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

424 Base line Road, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$2,342

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 $454/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 93 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.

Detached Home Advantages

Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

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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    424 Base line Road, London South | $499,900 | Battaglia Team