622 Wharncliffe Rd. South Road Unit 6, London South

Price: $469,900

3 bedrooms, 4 bathrooms

1,400 sqft

Property Type: Condo

MLS#: X12416077

Welcome to this updated move in ready condo. It boasts 3 good sized bedrooms, 4 baths, attached single car garage with inside entry and automatic garage door opener. Located in a quiet 11 unit complex. Open floor concept with new luxury vinyl plank flooring and freshly painted walls (2023) through most of the main and upper level. The main level has a large living room complete with a natural gas fireplace and is open into the kitchen/dining area. The second level has am impressive primary bedroom complete with a walk in closet as well as a 4 piece ensuite bath. Two more good sized bedrooms and a 4 piece main bath completes the second level. On the lower level is a finished family room , 3 piece bath and ample storage room. Outside there is a welcoming covered front porch and in the rear is a newer deck for you to enjoy the outdoors. This unit is close to shopping, restaurants, bus route and schools. Do not miss the opportunity to come out to see this lovely home.

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$469,900 - 622 Wharncliffe Rd. South Road Unit 6, London South

Condo for Sale in London South

109 days on market
3Beds
4Baths
1,400Sq Ft
Condo
Property Details
MLS Number
X12416077
Property Type
Condo
Status
active
Days on Site
109
Bedrooms
3
Bathrooms
4
Square Feet
1,400 sqft
Neighbourhood
London South
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
Coldwell Banker G.R. Paret Realty Limited Brokerage
Description

Welcome to this updated move in ready condo. It boasts 3 good sized bedrooms, 4 baths, attached single car garage with inside entry and automatic garage door opener. Located in a quiet 11 unit complex. Open floor concept with new luxury vinyl plank flooring and freshly painted walls (2023) through most of the main and upper level. The main level has a large living room complete with a natural gas fireplace and is open into the kitchen/dining area. The second level has am impressive primary bedroom complete with a walk in closet as well as a 4 piece ensuite bath. Two more good sized bedrooms and a 4 piece main bath completes the second level. On the lower level is a finished family room , 3 piece bath and ample storage room. Outside there is a welcoming covered front porch and in the rear is a newer deck for you to enjoy the outdoors. This unit is close to shopping, restaurants, bus route and schools. Do not miss the opportunity to come out to see this lovely home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,410.83/mo

Includes CMHC insurance ($13,110)

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5-yr fixed avg.

Principal: $422,910Interest: $287,229
Mortgage Amount$436,020
Total Interest$287,229
Est. Property Tax$333/mo
Total Cost$723,249

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

622 Wharncliffe Rd. South Road Unit 6, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$333
Insurance (est.)-$98
Net Cash Flow+$1,739

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 $336/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 109 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.

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.

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.

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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    622 Wharncliffe Rd. South Road Unit 6 | $469,900 | Battaglia Team