$629,900 - 714 Springbank Drive, London South
Detached for Sale in London South
New — Listed 3 days ago- MLS Number
- X13449454
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London South
- Lot Size
- 12,960 sqft
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
If you would like to live across the street from Springbank Park, and 345 yards from the 18th tee of Thames Valley Golf Club, this is the home for you. Access to this lovingly maintained brick ranch is via Jarvis Street, showcasing a two car garage and the landscaped backyard, complete with raised deck and oversized swivel style umbrella. The interior has been lovingly maintained with newer granite counters in the kitchen, new LVP (2025) in the kitchen and sunroom, and a new roof (2024) with a 50 YEAR transferable warranty. Head to the dining and living room with original hardwood floors for dinner and entertaining to enjoy the gas burning fireplace. Continue to the oversized basement rec room, for games and a movie. Completing the basement, is the utility room with plenty of storage and a workbench. Currently functioning as a 2 bedroom home, 714 Springbank Dr. could easily be converted back to its former 3 bedroom layout, with a dividing wall and passage door. Fairly priced, and ready for offers. Book a viewing today, as properties in this location never last long.
Estimate your monthly payments for this property
Estimated Payment
$3,231.71/mo
Includes CMHC insurance ($17,574)
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.
714 Springbank Drive, 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 $420/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.
Just Listed - Act Strategically
This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $2,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.