720 Deveron Crescent Unit 6, London South

Price: $424,900

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13123808

Welcome to Unit 6 - 720 Deveron Crescent, a well-maintained, freshly painted 2-storey condo offering the perfect opportunity for first-time home buyers, young families, or investors looking to enter the market with affordable home ownership and low condo fees. Offering approximately 1,572 square feet of finished living space including the finished basement, this home delivers the ideal balance of space, functionality, and convenience in a highly desirable South London location.The bright and inviting main floor features an open-concept layout with a spacious living room, dining area, breakfast nook, functional kitchen with white cabinetry, and a convenient 2-piece powder room. Enjoy direct access from the kitchen to your backyard space - perfect for summer BBQs, or relaxing outdoors. Upstairs, you'll find 3 generously sized bedrooms including a spacious primary bedroom with dual closets, along with a well-appointed 4-piece bathroom. The fully finished basement expands your living space with a cozy recreation room highlighted by a fireplace, plus a 3-piece bathroom and dedicated laundry area for added convenience.This condo has been exceptionally cared for and offers a carport along with laneway parking for up to 2 vehicles. Ideally situated close to Victoria Hospital, Highways 401 & 402, schools, parks, walking trails, shopping, restaurants, and other major amenities, this property offers comfortable low-maintenance living in an unbeatable location. Updates: Furnace and Air Conditioner (2023) Basement Luxury Vinyl Planks 2026,, Freshly Painted (2026) Whether you're looking to stop renting, purchase your first home, or add to your investment portfolio, this move-in-ready condo is an incredible opportunity to own a spacious and affordable home in today's market.

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$424,900 - 720 Deveron Crescent Unit 6, London South

Condo for Sale in London South

37 days on market
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13123808
Property Type
Condo
Status
active
Days on Site
37
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
London South
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Welcome to Unit 6 - 720 Deveron Crescent, a well-maintained, freshly painted 2-storey condo offering the perfect opportunity for first-time home buyers, young families, or investors looking to enter the market with affordable home ownership and low condo fees. Offering approximately 1,572 square feet of finished living space including the finished basement, this home delivers the ideal balance of space, functionality, and convenience in a highly desirable South London location.The bright and inviting main floor features an open-concept layout with a spacious living room, dining area, breakfast nook, functional kitchen with white cabinetry, and a convenient 2-piece powder room. Enjoy direct access from the kitchen to your backyard space - perfect for summer BBQs, or relaxing outdoors. Upstairs, you'll find 3 generously sized bedrooms including a spacious primary bedroom with dual closets, along with a well-appointed 4-piece bathroom. The fully finished basement expands your living space with a cozy recreation room highlighted by a fireplace, plus a 3-piece bathroom and dedicated laundry area for added convenience.This condo has been exceptionally cared for and offers a carport along with laneway parking for up to 2 vehicles. Ideally situated close to Victoria Hospital, Highways 401 & 402, schools, parks, walking trails, shopping, restaurants, and other major amenities, this property offers comfortable low-maintenance living in an unbeatable location. Updates: Furnace and Air Conditioner (2023) Basement Luxury Vinyl Planks 2026,, Freshly Painted (2026) Whether you're looking to stop renting, purchase your first home, or add to your investment portfolio, this move-in-ready condo is an incredible opportunity to own a spacious and affordable home in today's market.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,179.96/mo

Includes CMHC insurance ($11,855)

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5-yr fixed avg.

Principal: $382,410Interest: $259,722
Mortgage Amount$394,265
Total Interest$259,722
Est. Property Tax$301/mo
Total Cost$653,987

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

720 Deveron Crescent Unit 6, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$301
Insurance (est.)-$89
Net Cash Flow+$1,750

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 $354/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 37 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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.

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.

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    720 Deveron Crescent Unit 6, London South | $424,900 | Battaglia Team