474 Southdale Road Unit 33, London South

Price: $349,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13102042

Move in ready! This updated and Affordable Townhouse Condo shows pride of ownership inside and out. Located in the desireable neighbourhood of Cleardale, this townhouse condo is loaded with upgrades and renovations that will satisfy the most descening buyer and will not disappoint! Located in a family friendly complex, this 3 spacious bedrooms, 2 bath, and funished lower level offers tons of funcional space. Noteable updates include: New Kitchen (January 2021), New Flooring (April 2020 and April 2021), Powder Room (April 2021), Electrical Panel- 200amp (December 2019), New Trim Main and Upper (April 2021), Newer Baseboard Heaters for Main and Upper (April 2021), Freshly Painted Throughout, and Updated Appliances all included. The main floor offers a large living space, spacious dining room, conveniently located powder room, and a bright and functional kitchen. There is lots of storage including an additional pantry and large closet. The second floor has a large primary bedrooms with two double-sized closets, two more spacious bedrooms, and a bathroom. Each bedroom has a large closet, and there is a double sized linen closet. The basement has a generous sized living area for a fantastic family room. There is also a large storage room and laundry space. The private outdoor patio area offers a charming entertaining space to BBQ, entertain and enjoy. Amazing amenities within South London, this townhome is close to the Highway, White Oaks Mall, Shopping and Restaurants, Public Transit, Parks, Playground and close to 2 gym locations of Fitness Forum and Goodlife. Amazing value and oppourtunity for first time buyers, investors, or young families looking for a home in a convenient South area location.

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$349,900 - 474 Southdale Road Unit 33, London South

Condo for Sale in London South

42 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13102042
Property Type
Condo
Status
active
Days on Site
42
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
London South
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
THE REALTY FIRM INC.
Description

Move in ready! This updated and Affordable Townhouse Condo shows pride of ownership inside and out. Located in the desireable neighbourhood of Cleardale, this townhouse condo is loaded with upgrades and renovations that will satisfy the most descening buyer and will not disappoint! Located in a family friendly complex, this 3 spacious bedrooms, 2 bath, and funished lower level offers tons of funcional space. Noteable updates include: New Kitchen (January 2021), New Flooring (April 2020 and April 2021), Powder Room (April 2021), Electrical Panel- 200amp (December 2019), New Trim Main and Upper (April 2021), Newer Baseboard Heaters for Main and Upper (April 2021), Freshly Painted Throughout, and Updated Appliances all included. The main floor offers a large living space, spacious dining room, conveniently located powder room, and a bright and functional kitchen. There is lots of storage including an additional pantry and large closet. The second floor has a large primary bedrooms with two double-sized closets, two more spacious bedrooms, and a bathroom. Each bedroom has a large closet, and there is a double sized linen closet. The basement has a generous sized living area for a fantastic family room. There is also a large storage room and laundry space. The private outdoor patio area offers a charming entertaining space to BBQ, entertain and enjoy. Amazing amenities within South London, this townhome is close to the Highway, White Oaks Mall, Shopping and Restaurants, Public Transit, Parks, Playground and close to 2 gym locations of Fitness Forum and Goodlife. Amazing value and oppourtunity for first time buyers, investors, or young families looking for a home in a convenient South area location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,795.17/mo

Includes CMHC insurance ($9,762)

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5-yr fixed avg.

Principal: $314,910Interest: $213,878
Mortgage Amount$324,672
Total Interest$213,878
Est. Property Tax$248/mo
Total Cost$538,551

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

474 Southdale Road Unit 33, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
6.2%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$248
Insurance (est.)-$73
Net Cash Flow+$1,819

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 $292/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 42 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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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    474 Southdale Road Unit 33, London South | $349,900 | Battaglia Team