6881 Heathwoods Avenue, London South

Price: $1,199,900

5 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X12803932

Crafted by Johnstone Homes, this model home embodies the timeless craftsmanship and refined detail that have defined the builder's reputation for over 35 years. Offering 3,346 sq ft of finished living space, the home features 5 spacious bedrooms and 4.5 bathrooms, including a fully finished walkout basement with large above-grade windows and direct backyard access. More than $190,000 in upgrades have been thoughtfully selected to enhance both comfort and aesthetic appeal. The main floor showcases meticulous craftsmanship, from the solid white oak staircase to floor-to-ceiling wall paneling, crown moulding, and a linear gas fireplace with Arriscraft stone surround. The kitchen stands out with solid white oak cabinetry with dovetail wood interiors, Taj Mahal quartz countertops, and a premium KitchenAid appliance package. Upstairs, the primary suite spans the width of the home and offers a soothing retreat with heated floors, a freestanding soaker tub, and an oversized glass shower, while a secondary bedroom with its own ensuite provides flexibility for family or guests. Downstairs, the finished walkout basement expands the living area with heated flooring, ideal for a recreation room, media space, or home gym. Exterior details include James Hardie cement board siding, an Arriscraft stone facade, and a 22'x16.5' covered rear deck with WeatherDek membrane, creating a perfect setting for outdoor entertaining. Every material and finish reflects the builder's commitment to lasting quality and timeless design, from the white oak staircase to the smooth ceilings, built-in speakers, and energy-efficient construction standards. Located minutes from Highways 401 and 402, residents enjoy quick access to the growing Southdale and Colonel Talbot corridor featuring Farm Boy, Starbucks, Dolcetto, Shoppers, and other nearby amenities. The Heathwoods at Lambeth is a thoughtfully designed community with high architectural standards to preserve beauty and value for years to come.

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$1,199,900 - 6881 Heathwoods Avenue, London South

Detached for Sale in London South

40 days on market
5Beds
5Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X12803932
Property Type
Detached
Status
active
Days on Site
40
Bedrooms
5
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
London South
Listing Brokerage
EXP REALTY
Description

Crafted by Johnstone Homes, this model home embodies the timeless craftsmanship and refined detail that have defined the builder's reputation for over 35 years. Offering 3,346 sq ft of finished living space, the home features 5 spacious bedrooms and 4.5 bathrooms, including a fully finished walkout basement with large above-grade windows and direct backyard access. More than $190,000 in upgrades have been thoughtfully selected to enhance both comfort and aesthetic appeal. The main floor showcases meticulous craftsmanship, from the solid white oak staircase to floor-to-ceiling wall paneling, crown moulding, and a linear gas fireplace with Arriscraft stone surround. The kitchen stands out with solid white oak cabinetry with dovetail wood interiors, Taj Mahal quartz countertops, and a premium KitchenAid appliance package. Upstairs, the primary suite spans the width of the home and offers a soothing retreat with heated floors, a freestanding soaker tub, and an oversized glass shower, while a secondary bedroom with its own ensuite provides flexibility for family or guests. Downstairs, the finished walkout basement expands the living area with heated flooring, ideal for a recreation room, media space, or home gym. Exterior details include James Hardie cement board siding, an Arriscraft stone facade, and a 22'x16.5' covered rear deck with WeatherDek membrane, creating a perfect setting for outdoor entertaining. Every material and finish reflects the builder's commitment to lasting quality and timeless design, from the white oak staircase to the smooth ceilings, built-in speakers, and energy-efficient construction standards. Located minutes from Highways 401 and 402, residents enjoy quick access to the growing Southdale and Colonel Talbot corridor featuring Farm Boy, Starbucks, Dolcetto, Shoppers, and other nearby amenities. The Heathwoods at Lambeth is a thoughtfully designed community with high architectural standards to preserve beauty and value for years to come.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,307.56/mo

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5-yr fixed avg.

Principal: $959,920Interest: $632,349
Mortgage Amount$959,920
Total Interest$632,349
Est. Property Tax$850/mo
Total Cost$1,592,269

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

6881 Heathwoods Avenue, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$850
Insurance (est.)-$250
Net Cash Flow+$2,600

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ 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.

Market Position

At 40 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 5 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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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