6973 Heathwoods Avenue, London South

Price: $724,800

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X12798484

END UNIT MODEL HOME! Experience the freedom of owning a luxury freehold townhome with ZERO CONDO FEES, offering you the perfect blend of modern elegance, convenience, and affordability. Built by the renowned Ridgeview Homes, these 3 bedroom, 2.5-bathroom townhomes feature 1,525 sqft of thoughtfully designed living space tailored to meet your every need. Step inside to discover an open-concept layout with a gourmet kitchen, stunning finishes, and a bright, inviting living area that flows effortlessly into your private outdoor space-perfect for relaxing or entertaining. Located in the sought-after Lambeth, these homes are just minutes from the 401, with easy access to shopping, dining, schools, and recreational amenities. Enjoy all the benefits of a vibrant community without the burden of monthly condo fees. Make the move to freehold luxury living today. Photos shown are of the Model Home with upgrades. LIMITED-TIME PROMOTIONS: Five (5) builder's standard appliances included, PLUS $5,000 in Design Dollars, PLUS only a 5% deposit, PLUS walk-out lots at no additional charge. PRICE INCLUDES HST

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$724,800 - 6973 Heathwoods Avenue, London South

Townhouse for Sale in London South

109 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X12798484
Property Type
Townhouse
Status
active
Days on Site
109
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London South
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

END UNIT MODEL HOME! Experience the freedom of owning a luxury freehold townhome with ZERO CONDO FEES, offering you the perfect blend of modern elegance, convenience, and affordability. Built by the renowned Ridgeview Homes, these 3 bedroom, 2.5-bathroom townhomes feature 1,525 sqft of thoughtfully designed living space tailored to meet your every need. Step inside to discover an open-concept layout with a gourmet kitchen, stunning finishes, and a bright, inviting living area that flows effortlessly into your private outdoor space-perfect for relaxing or entertaining. Located in the sought-after Lambeth, these homes are just minutes from the 401, with easy access to shopping, dining, schools, and recreational amenities. Enjoy all the benefits of a vibrant community without the burden of monthly condo fees. Make the move to freehold luxury living today. Photos shown are of the Model Home with upgrades. LIMITED-TIME PROMOTIONS: Five (5) builder's standard appliances included, PLUS $5,000 in Design Dollars, PLUS only a 5% deposit, PLUS walk-out lots at no additional charge. PRICE INCLUDES HST

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,718.60/mo

Includes CMHC insurance ($20,222)

$
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5-yr fixed avg.

Principal: $652,320Interest: $443,038
Mortgage Amount$672,542
Total Interest$443,038
Est. Property Tax$513/mo
Total Cost$1,115,580

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

6973 Heathwoods Avenue, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$513
Insurance (est.)-$151
Net Cash Flow+$2,066

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 $483/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in London South have shown strong appreciation as families seek more space.

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 $3,020 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    6973 Heathwoods Avenue, London South | $724,800 | Battaglia Team