461 Cleveland Avenue, London South

Price: $469,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: X13120876

Lovely 3 bed 1.5 bath PLUS 1 car garage semi detached home looking for it's new owners and NO CONDO FEES! This property is turn key whether you are a first time home buyer, down sizer or a savvy investor looking to add to your investment portfolio. Inside, the main floor features an eat in kitchen with a unique built in live edge table and benches, all Stainless Steel appliances included, a dining room open to the living room with direct access to the back yard. Completing the main floor is a powder room. Upstairs the spacious primary bedroom is light and bright with natural light from the windows and has cheater access to the 5-pc bathroom. 2 additional bedrooms and a large walk in linen closet provide plenty of space for family living and storage. The partially finished basement offers great potential, customize it to suit your needs, whether it's a home gym, recreation space or office. Laundry is conveniently located in the utility room. Enjoy the outdoors in your fully fenced backyard offering privacy and a safe space for children and pets to play. Updates include new furnace (March 2026) and freshly painted. Conveniently located close to major highways, hospitals, schools, shopping and every day amenities, this is a home you won't want to miss!

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$469,900 - 461 Cleveland Avenue, London South

Semi-Detached for Sale in London South

37 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
X13120876
Property Type
Semi-Detached
Status
active
Days on Site
37
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London South
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Description

Lovely 3 bed 1.5 bath PLUS 1 car garage semi detached home looking for it's new owners and NO CONDO FEES! This property is turn key whether you are a first time home buyer, down sizer or a savvy investor looking to add to your investment portfolio. Inside, the main floor features an eat in kitchen with a unique built in live edge table and benches, all Stainless Steel appliances included, a dining room open to the living room with direct access to the back yard. Completing the main floor is a powder room. Upstairs the spacious primary bedroom is light and bright with natural light from the windows and has cheater access to the 5-pc bathroom. 2 additional bedrooms and a large walk in linen closet provide plenty of space for family living and storage. The partially finished basement offers great potential, customize it to suit your needs, whether it's a home gym, recreation space or office. Laundry is conveniently located in the utility room. Enjoy the outdoors in your fully fenced backyard offering privacy and a safe space for children and pets to play. Updates include new furnace (March 2026) and freshly painted. Conveniently located close to major highways, hospitals, schools, shopping and every day amenities, this is a home you won't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,410.83/mo

Includes CMHC insurance ($13,110)

$
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5%10%50%

5-yr fixed avg.

Principal: $422,910Interest: $287,229
Mortgage Amount$436,020
Total Interest$287,229
Est. Property Tax$333/mo
Total Cost$723,249

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

461 Cleveland Avenue, 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)
6.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$333
Insurance (est.)-$98
Net Cash Flow+$2,369

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 $427/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.

Market Position

At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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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    461 Cleveland Avenue, London South | $469,900 | Battaglia Team