5051 Wellington Road, London South

Price: $499,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13197806

This charming 2-bedroom, 1-bath bungalow offers a beautifully updated living space on just under half an acre, ideally set between London and St. Thomas with quick access to the highway for added convenience. Originally redesigned in 2004 by Barry Wade Design Build-including updated windows, insulation, and electrical-the home has continued to receive thoughtful upgrades from 2020-2025, making it truly move-in ready.Step inside to an open layout that's perfect for everyday comfort and effortless entertaining. The kitchen was renovated in 2023 and is complemented by newer stainless steel appliances (2024). Additional recent updates include a new 50 year shingle roof (2023), modern flooring (2021-2022), a fully renovated bathroom (2023), upgraded lighting and pot lights (2021-2025), and new furnace and A/C (2021/2022). The well system received a major overhaul in 2021, complete with pump, tank, water softener, iron filter, UV light, and filtration. Fresh paint throughout (2018-2025) adds a clean, modern touch. Approx. $60,000-$70,000 in upgrades allow you to simply move in and enjoy. Outside, the fully fenced yard provides both comfort and recreational space, featuring a dedicated dog run with turf, pea gravel, and deck with gas hookup (2023), stamped concrete patio, fire pit area, a shed, and a detached garage with hydro-perfect for hobbies, storage, or a workshop.

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$499,900 - 5051 Wellington Road, London South

Detached for Sale in London South

2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13197806
Property Type
Detached
Status
active
Days on Site
23
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
London South
Listing Brokerage
EXP REALTY
Description

This charming 2-bedroom, 1-bath bungalow offers a beautifully updated living space on just under half an acre, ideally set between London and St. Thomas with quick access to the highway for added convenience. Originally redesigned in 2004 by Barry Wade Design Build-including updated windows, insulation, and electrical-the home has continued to receive thoughtful upgrades from 2020-2025, making it truly move-in ready.Step inside to an open layout that's perfect for everyday comfort and effortless entertaining. The kitchen was renovated in 2023 and is complemented by newer stainless steel appliances (2024). Additional recent updates include a new 50 year shingle roof (2023), modern flooring (2021-2022), a fully renovated bathroom (2023), upgraded lighting and pot lights (2021-2025), and new furnace and A/C (2021/2022). The well system received a major overhaul in 2021, complete with pump, tank, water softener, iron filter, UV light, and filtration. Fresh paint throughout (2018-2025) adds a clean, modern touch. Approx. $60,000-$70,000 in upgrades allow you to simply move in and enjoy. Outside, the fully fenced yard provides both comfort and recreational space, featuring a dedicated dog run with turf, pea gravel, and deck with gas hookup (2023), stamped concrete patio, fire pit area, a shed, and a detached garage with hydro-perfect for hobbies, storage, or a workshop.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

5051 Wellington Road, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,942

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 $714/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 23 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.

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.

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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    5051 Wellington Road, London South | $499,900 | Battaglia Team