47 MacKay Avenue, London South

Price: $429,900

4 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13432806

Welcome to McKay, where charm, value, and location come together just minutes from Wortley Village, downtown London, parks, schools, trails, restaurants, shopping, and everyday conveniences. At an attractive price point, this lovingly maintained brick 1 1/2 storey home offers a wonderful opportunity for first-time buyers, young professionals, investors, or anyone looking for a solid home in a convenient, well-established neighbourhood. Owned and cared for by the same family for 74 years, this home has a warm, comfortable feel the moment you step inside. The main floor offers a practical layout with a bright living room, two versatile rooms that could function as bedrooms, office, den, dining, or guest space, and a well-kept bathroom. The kitchen sits at the back of the home and overlooks the yard, with direct access to a good-sized deck, perfect for morning coffee, summer dinners, or simply enjoying the outdoor space. Upstairs, you will find two additional bedrooms, giving the home excellent flexibility for growing families, guests and work-from-home needs. A detached garage adds valuable parking, storage, or hobby space, and the yard offers room to garden, relax, or create your own outdoor retreat. This is not a cookie-cutter home, it is a sweet, well-loved property with character, practical space, and great potential. For buyers tired of renting, this is an excellent chance to get into the market at a very approachable price while still being close to some of London's most loved neighbourhood amenities. A wonderful opportunity to own a charming brick home in a location that keeps you connected to Wortley Village, the downtown core, and the lifestyle this central London area has to offer.

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New Listing
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$429,900 - 47 MacKay Avenue, London South

Detached for Sale in London South

New — Listed 4 days ago
4Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13432806
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
London South
Listing Brokerage
SUTTON GROUP - HODGSON REALTY INC.
Description

Welcome to McKay, where charm, value, and location come together just minutes from Wortley Village, downtown London, parks, schools, trails, restaurants, shopping, and everyday conveniences. At an attractive price point, this lovingly maintained brick 1 1/2 storey home offers a wonderful opportunity for first-time buyers, young professionals, investors, or anyone looking for a solid home in a convenient, well-established neighbourhood. Owned and cared for by the same family for 74 years, this home has a warm, comfortable feel the moment you step inside. The main floor offers a practical layout with a bright living room, two versatile rooms that could function as bedrooms, office, den, dining, or guest space, and a well-kept bathroom. The kitchen sits at the back of the home and overlooks the yard, with direct access to a good-sized deck, perfect for morning coffee, summer dinners, or simply enjoying the outdoor space. Upstairs, you will find two additional bedrooms, giving the home excellent flexibility for growing families, guests and work-from-home needs. A detached garage adds valuable parking, storage, or hobby space, and the yard offers room to garden, relax, or create your own outdoor retreat. This is not a cookie-cutter home, it is a sweet, well-loved property with character, practical space, and great potential. For buyers tired of renting, this is an excellent chance to get into the market at a very approachable price while still being close to some of London's most loved neighbourhood amenities. A wonderful opportunity to own a charming brick home in a location that keeps you connected to Wortley Village, the downtown core, and the lifestyle this central London area has to offer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,205.61/mo

Includes CMHC insurance ($11,994)

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5-yr fixed avg.

Principal: $386,910Interest: $262,779
Mortgage Amount$398,904
Total Interest$262,779
Est. Property Tax$305/mo
Total Cost$661,683

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

47 MacKay Avenue, 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)
7.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$305
Insurance (est.)-$90
Net Cash Flow+$2,805

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 $614/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.

Just Listed - Act Strategically

This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    47 MacKay Avenue, London South | $429,900 | Battaglia Team