$749,900 - 575 Grand View Avenue, London South
Detached for Sale in London South
111 days on market- MLS Number
- X12523188
- Property Type
- Detached
- Status
- active
- Days on Site
- 111
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London South
- Listing Brokerage
- KELLER WILLIAMS LIFESTYLES
Welcome to 575 Grand View in the heart of beautiful Byron! This meticulously maintained and smartly updated raised bungalow is the perfect house for a growing or multi-generational family. The home offers over 2100sf of finished living space, including a basement in-law suite with a separate entrance. Once inside, take in the open and bright kitchen and living space. The waterfall center island is the perfect gathering spot when entertaining family and friends. The main floor primary bedroom looks out to the backyard and has a 3pc ensuite and double closet. Additionally, the main floor has 2 extra bedrooms with closets, an updated 4pc bathroom and a bonus room that could serve as a nursery, office or fourth bedroom as currently used. Continue downstairs and you will discover an open living space with large windows, a brick fireplace, handy kitchenette and a 3pc bathroom. Around the back of the home is the in-law suite with a separate entrance. A galley kitchen leads to your living room complete with electric fireplace. The spacious bedroom has plenty of storage area, including your very own spa-like 4pc ensuite. The in-laws never had it so good!! Dog owners will appreciate the fully fenced yard, which you can enjoy from under your pergola on your spacious deck. So many other features including new HVAC and heat pump in 2023, 200amp panel, tank-less on-demand water heater, double wide 4 car driveway and attached 2 car garage. Walking distance to Boler Mountain and several parks make this property the perfect location for lovers of the outdoors. Book your showing today for this Byron Beauty!
Estimate your monthly payments for this property
Estimated Payment
$3,847.38/mo
Includes CMHC insurance ($20,922)
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.
575 Grand View Avenue, London South
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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 $682/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.
Negotiation Opportunity
At 111 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Excellent Flexibility
With 6 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.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.