$2,099,900 - 68 Princeton Terrace, London South
Detached for Sale in London South
Popular Listing- MLS Number
- X13247842
- Property Type
- Detached
- Status
- active
- Days on Site
- 14
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- London South
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
Tucked away near the back of Boler Heights, welcome to 68 Princeton Terrace, where thoughtful design, functionality, and exceptional indoor-outdoor living come together. Created with both family living and entertaining in mind, every detail of this one-of-a-kind custom 2-storey home has been carefully considered to deliver comfort, convenience, and a seamless flow throughout. The open-concept main floor features 10' ceilings, oversized premium wood windows that fill the home with natural light along with a chef's kitchen showcasing top-of-the-line appliances, a stunning 10' x 5' island with quartz countertops and backsplash, and a butler's pantry to keep everyday essentials and entertaining prep neatly out of sight. The carpet-free upper level offers 4 spacious bedrooms, including 3 ensuites and 3 walk-in closets as well as a laundry room with ample folding and storage space. Fully finished lower level extends the living space with a large recreation room, dedicated gym, 5th bedroom, a 3-piece bath and a sunken area currently used as a golf simulator creating the ultimate space for recreation and year-round enjoyment. Step outside to your backyard retreat featuring over 800 square feet of covered patio space with a gas fireplace, gas line for a BBQ and plumbing for a future outdoor kitchen. The saltwater pool with a Coverstar automatic safety cover creates the perfect setting for relaxing, entertaining and making the most of summer days. An irrigation system and permanent exterior holiday lighting add convenience and curb appeal throughout the year, while the oversized 3.5-car garage with its own 2-piece bath provides exceptional space for vehicles, storage, hobbies, or a workshop. Room sizes approximate. Call today to book your private tour!
Estimate your monthly payments for this property
Estimated Payment
$9,288.57/mo
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.
68 Princeton Terrace, 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 $600/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.
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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 6 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 $8,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.