45 Locust Crescent, London South

Price: $699,900

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X12347254

Welcome to this beautifully maintained and well updated standard raised bungalow, nestled in the sought-after White Oak neighborhood. As you step inside, you will be greeted by a spacious foyer with elegant tiled hardwood flooring that flows throughout main floor. The kitchen is a chef's dream, featuring granite countertop, modern cabinetry, a stylish backsplash, ceramic tiles, and energy-efficient appliances. The main level of the home includes three spacious, naturally-lit bedrooms, as well as a full bathroom. The finished basement has a separate entrance, with an oversized family room, an additional full bathroom, two bedrooms, laundry and another extra room for storage. This house has a long concrete driveway for six car parking and a single attached garage. This home offers easy access to the 401 Highway and is just minutes away from whiteoak mall, desi stores, and middle eastern stores. The possibilities are endless in this charming home! Schedule your showing today and make this dream home yours!

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$699,900 - 45 Locust Crescent, London South

Detached for Sale in London South

109 days on market
5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X12347254
Property Type
Detached
Status
active
Days on Site
109
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London South
Lot Size
6,049 sqft
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Welcome to this beautifully maintained and well updated standard raised bungalow, nestled in the sought-after White Oak neighborhood. As you step inside, you will be greeted by a spacious foyer with elegant tiled hardwood flooring that flows throughout main floor. The kitchen is a chef's dream, featuring granite countertop, modern cabinetry, a stylish backsplash, ceramic tiles, and energy-efficient appliances. The main level of the home includes three spacious, naturally-lit bedrooms, as well as a full bathroom. The finished basement has a separate entrance, with an oversized family room, an additional full bathroom, two bedrooms, laundry and another extra room for storage. This house has a long concrete driveway for six car parking and a single attached garage. This home offers easy access to the 401 Highway and is just minutes away from whiteoak mall, desi stores, and middle eastern stores. The possibilities are endless in this charming home! Schedule your showing today and make this dream home yours!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

$
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5%10%50%

5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

45 Locust Crescent, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,958

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 $636/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 109 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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London South.

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 $2,916 (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.

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    45 Locust Crescent, London South | $699,900 | Battaglia Team