490 SOUTHDALE Road Unit 8, London South

Price: $348,800

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13234170

Priced to Sell !! Affordable ! Renovated and Spacious ! Beautifully Updated Townhome with over $30k in Upgrades!! Over 1700sq feet of Modern Living Space. This 3 bedroom, 2 bath home provides a brilliant open concept layout. Featuring Beautiful Modern Kitchen w/ Newer Stainless Steel Appliances. Open concept Living/ Dining room that provides tons of natural light, perfect for hosting friends and family. Upstairs you'll find 3 good sized bedrooms, and a gorgeous 3-piece renovated bathroom, providing enough space for the whole family and ample space for guests! Head downstairs to the basement you find two additional living spaces, huge rec room and a media room perfect for entertaining. Complimented by a large laundry and utility room with lots of storage space . This unit has been updated to 200amp electrical panel, new carpeting in the basement, freshly painted along with many other updates. Backyard is conveniently accessible from your living/dinning room, where outside you'll find a fully fenced private outdoor courtyard perfect for BBQ and entertaining. This is a great starter home or for someone looking to enter the market. It's convenient location is in the heart of it all! Close to the 401 highway, white oaks mall, shopping and almost every other amenity you could think of. This home has been cared for and the pride of ownership is evident throughout. Condo fee includes water. Simply move in and enjoy! Book your showing today! Please note basement pictures are virtually staged.

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$348,800 - 490 SOUTHDALE Road Unit 8, London South

Condo for Sale in London South

Popular Listing
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13234170
Property Type
Condo
Status
active
Days on Site
11
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
London South
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
STREETCITY REALTY INC.
Description

Priced to Sell !! Affordable ! Renovated and Spacious ! Beautifully Updated Townhome with over $30k in Upgrades!! Over 1700sq feet of Modern Living Space. This 3 bedroom, 2 bath home provides a brilliant open concept layout. Featuring Beautiful Modern Kitchen w/ Newer Stainless Steel Appliances. Open concept Living/ Dining room that provides tons of natural light, perfect for hosting friends and family. Upstairs you'll find 3 good sized bedrooms, and a gorgeous 3-piece renovated bathroom, providing enough space for the whole family and ample space for guests! Head downstairs to the basement you find two additional living spaces, huge rec room and a media room perfect for entertaining. Complimented by a large laundry and utility room with lots of storage space . This unit has been updated to 200amp electrical panel, new carpeting in the basement, freshly painted along with many other updates. Backyard is conveniently accessible from your living/dinning room, where outside you'll find a fully fenced private outdoor courtyard perfect for BBQ and entertaining. This is a great starter home or for someone looking to enter the market. It's convenient location is in the heart of it all! Close to the 401 highway, white oaks mall, shopping and almost every other amenity you could think of. This home has been cared for and the pride of ownership is evident throughout. Condo fee includes water. Simply move in and enjoy! Book your showing today! Please note basement pictures are virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,789.52/mo

Includes CMHC insurance ($9,732)

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5-yr fixed avg.

Principal: $313,920Interest: $213,206
Mortgage Amount$323,652
Total Interest$213,206
Est. Property Tax$247/mo
Total Cost$536,857

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

490 SOUTHDALE Road Unit 8, 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)
6.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$247
Insurance (est.)-$73
Net Cash Flow+$1,820

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 $291/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.

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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    490 SOUTHDALE Road Unit 8, London South | $348,800 | Battaglia Team