$699,888 - 6453 Royal Magnolia Avenue, London South
Detached for Sale in London South
- MLS Number
- X13159770
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London South
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
Welcome to this stunning detached home in the highly sought-after Magnolia Fields community in Southwest London. Offering approximately 1,720 sq. ft. of beautifully designed living space, this nearly-new home combines modern elegance, comfort, and functionality in one exceptional package. From the moment you step inside the impressive two-storey foyer, you'll be greeted by an abundance of natural light and an inviting open-concept layout designed for both everyday living and effortless entertaining. The spacious dining area flows seamlessly into the modern kitchen and cozy family room, creating the perfect gathering space for family and friends. The thoughtfully designed kitchen is ideal for preparing meals and making lasting memories. Upstairs, you'll find three generously sized bedrooms, two full bathrooms, and the convenience of second-floor laundry. A versatile bonus area off the staircase provides the perfect space for a home office, reading nook, kids' play area, or additional lounge space. The unfinished basement offers endless potential to customize to your lifestyle - whether you envision a home theatre, fitness studio, recreation room, or additional living quarters. Perfectly located in the family-friendly Lambeth area, this home provides quick access to Highways 401 and 402, making commuting simple and convenient. Enjoy being just minutes from shopping, restaurants, gyms, parks, top-rated schools, and major employers, including the new Amazon fulfillment centre and easy access to St. Thomas. This move-in-ready home offers the perfect blend of style, location, and opportunity - an incredible chance to become part of one of London's fastest-growing communities. Don't miss your opportunity to call this beautiful property home.
Estimate your monthly payments for this property
Estimated Payment
$3,590.79/mo
Includes CMHC insurance ($19,527)
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.
6453 Royal Magnolia 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 $467/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 28 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.
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 3 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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.