$549,000 - 56 Ashbury Avenue, London South
Detached for Sale in London South
- MLS Number
- X13167624
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London South
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
3+2 Bedroom Residence.This is an exceptional opportunity to own a beautifully appointed home in one of South London's most sought-after communities, where comfort, versatility, and convenience meet refined living. Thoughtfully designed and impeccably maintained, this stunning 3+2 bedroom residence offers sophisticated space ideal for modern families, multi-generationalliving, or discerning investors.This Corner unit bungalow is an amazing place to call home. From the moment you arrive, the home impresses with its inviting presence and functional elegance. Inside, a bright and expansive layout showcases generous living areas filled with natural light, creating a warm yet elevated atmosphere perfect for both everyday living and stylish entertaining. Distinguished Features includes 3+2 spacious bedrooms offering flexibility for family, guests, or home office use. 2 full bathrooms designed for comfort and practicality. Two fully equipped kitchens, ideal for Potential Rental income, extended family living or private in-law accommodations. Thoughtfully designed layout providing privacy and versatility. Abundant living space suited for entertaining and relaxed family life. Unmatched South London Location Perfectly positioned in a highly desirable neighbourhood, this home delivers an exceptional lifestyle with urban convenience and community charm.Walking distance to White Oaks Mall. Quick access to major highways for effortless commuting. Minutes to Costco, Walmart, premium shopping, dining, and everyday amenities. Close to parks ,excellent schools, and recreational spaces. Surrounded by established neighbourhoods known for family-friendly living. Experience the perfect balance of luxury, location, and lifestyle - a rare offering that combines space, functionality, and long-term value in one remarkable property.
Estimate your monthly payments for this property
Estimated Payment
$2,816.65/mo
Includes CMHC insurance ($15,317)
5-yr fixed avg.
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.
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
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.
56 Ashbury Avenue, London South
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $784/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 26 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London South.
Investment Perspective
Looking at this as an investment: London South properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.