$989,000 - 674 Grand View Avenue, London South
Detached for Sale in London South
- MLS Number
- X13226458
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London South
- Listing Brokerage
- BLUE FOREST REALTY INC.
Welcome to this exceptional 5-bedroom, 4-bathroom residence, perfectly positioned on a private, landscaped lot backing onto a scenic trail with direct access to Boler Mountain. Offering over three levels of beautifully designed living space including a granny-suite on the lower level, this home is perfect for multi-generational living or for those looking for extra income potential. Step inside the grand foyer and be greeted by an inviting open-concept layout designed for both everyday living and entertaining. The heart of the home is the massive chef-inspired kitchen, featuring a gas range, abundant cabinetry, and a spacious island overlooking the living and dining area. A formal dining room provides the perfect setting for hosting family gatherings and special occasions. The recently renovated mudroom offers convenient garage access, main floor laundry, and a stylish powder room.The upper level features four generous bedrooms, including a stunning primary retreat with a unique sunken layout, creating a private sanctuary within the home. A large walk-in closet and beautifully updated 5-piece ensuite complete this luxurious space. Additional bedrooms are well-appointed and serviced by a spacious 4-pc bathroom.The fully finished walkout lower level offers incredible versatility, complete with a second full kitchen overlooking the rec. room, making it ideal for multi-generational living, entertaining or income potential. A large fifth bedroom with egress windows and a beautifully finished 5-pc bathroom complete the lower level. Step outside to your own private oasis with beautifully landscaped grounds and large deck with bbq gas hood-up, creating a picturesque setting for outdoor entertaining and peaceful evenings. This is a rare opportunity to own a distinguished home in one of the area's most sought-after locations, where luxury, privacy, and lifestyle come together seamlessly.
Estimate your monthly payments for this property
Estimated Payment
$5,074.08/mo
Includes CMHC insurance ($27,593)
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.
674 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 $495/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 17 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.
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.
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 $4,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.