698 Chiddington Avenue, London South

Price: $599,900

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13053692

Welcome Home! This well maintained home is situated in the desirable Lockwood Park neighborhood of South London. The home features a 4-level backsplit, a 1.5-car garage, double driveway, and a charming, unique front-side patio. Inside, you'll find three spacious bedrooms, including a master suite with a 3-piece ensuite. The main floor boasts a well-appointed kitchen with a generous eating area, leading to a formal living and dining room. The third level offers an expansive family room with a fireplace , as well as a bedroom/office and a 2-piece bath with a walkout to a newly installed cement patio in the backyard. The unfinished lower level includes a laundry area (furnace updated in 2019) and additional space with potential for further development. Updated windows throughout enhance the home's efficiency and curb appeal. Centrally located and in a desirable location. Close proximity to schools, shopping, public transit, parks, hospital and much more!

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$599,900 - 698 Chiddington Avenue, London South

Detached for Sale in London South

52 days on market
4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13053692
Property Type
Detached
Status
active
Days on Site
52
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London South
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Welcome Home! This well maintained home is situated in the desirable Lockwood Park neighborhood of South London. The home features a 4-level backsplit, a 1.5-car garage, double driveway, and a charming, unique front-side patio. Inside, you'll find three spacious bedrooms, including a master suite with a 3-piece ensuite. The main floor boasts a well-appointed kitchen with a generous eating area, leading to a formal living and dining room. The third level offers an expansive family room with a fireplace , as well as a bedroom/office and a 2-piece bath with a walkout to a newly installed cement patio in the backyard. The unfinished lower level includes a laundry area (furnace updated in 2019) and additional space with potential for further development. Updated windows throughout enhance the home's efficiency and curb appeal. Centrally located and in a desirable location. Close proximity to schools, shopping, public transit, parks, hospital and much more!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,077.80/mo

Includes CMHC insurance ($16,737)

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5-yr fixed avg.

Principal: $539,910Interest: $366,692
Mortgage Amount$556,647
Total Interest$366,692
Est. Property Tax$425/mo
Total Cost$923,339

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

698 Chiddington Avenue, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$2,650

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 $400/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 52 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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London South. Good resale value as demand remains consistent.

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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    698 Chiddington Avenue, London South | $599,900 | Battaglia Team