731 Wilkins Street, London South

Price: $374,900

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: X13123018

Looking for space, flexibility, and a prime location? 731 Wilkins Street delivers all that and more.This beautifully updated 3-storey townhome offers 1,680 sqft of finished living space designed for modern living. The ground level welcomes you with a large recreation room-perfect for a home office, gym, or media space-along with a laundry area and a recently redone sunroom that adds even more functional living space.Head upstairs to a bright and inviting second level featuring a spacious living room, formal dining area, cozy breakfast nook, and a well-equipped kitchen with plenty of cabinetry. A convenient powder room completes the space.The third level is your private retreat, offering 3 generous bedrooms, including a primary suite with a walk-in closet and its own 3-piece ensuite. A second full bathroom serves the additional bedrooms-ideal for families or guests.Freshly painted throughout, with brand new carpets and updated luxury vinyl flooring, this home is move-in ready. The garage has been converted for extra living space but can easily be switched back if needed. Common elements offer ample green space, visitors parking and a recently completed heated pool that is open from May until September, water is included in the condo fees. Located just minutes to Victoria Hospital, shopping, restaurants, transit, and quick 401 access-this is the perfect opportunity for first-time buyers, families, or investors.

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$374,900 - 731 Wilkins Street, London South

Condo for Sale in London South

37 days on market
3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
X13123018
Property Type
Condo
Status
active
Days on Site
37
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
London South
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Looking for space, flexibility, and a prime location? 731 Wilkins Street delivers all that and more.This beautifully updated 3-storey townhome offers 1,680 sqft of finished living space designed for modern living. The ground level welcomes you with a large recreation room-perfect for a home office, gym, or media space-along with a laundry area and a recently redone sunroom that adds even more functional living space.Head upstairs to a bright and inviting second level featuring a spacious living room, formal dining area, cozy breakfast nook, and a well-equipped kitchen with plenty of cabinetry. A convenient powder room completes the space.The third level is your private retreat, offering 3 generous bedrooms, including a primary suite with a walk-in closet and its own 3-piece ensuite. A second full bathroom serves the additional bedrooms-ideal for families or guests.Freshly painted throughout, with brand new carpets and updated luxury vinyl flooring, this home is move-in ready. The garage has been converted for extra living space but can easily be switched back if needed. Common elements offer ample green space, visitors parking and a recently completed heated pool that is open from May until September, water is included in the condo fees. Located just minutes to Victoria Hospital, shopping, restaurants, transit, and quick 401 access-this is the perfect opportunity for first-time buyers, families, or investors.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,923.43/mo

Includes CMHC insurance ($10,460)

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5-yr fixed avg.

Principal: $337,410Interest: $229,160
Mortgage Amount$347,870
Total Interest$229,160
Est. Property Tax$266/mo
Total Cost$577,029

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

731 Wilkins Street, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
5.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$266
Insurance (est.)-$78
Net Cash Flow+$1,856

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 $234/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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    731 Wilkins Street, London South | $374,900 | Battaglia Team