$799,900 - 742 Cranbrook Road, London South
Detached for Sale in London South
- MLS Number
- X13176418
- Property Type
- Detached
- Status
- active
- Days on Site
- 24
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London South
- Lot Size
- 8,094 sqft
- Listing Brokerage
- THE REALTY FIRM INC.
This is the home you have been waiting for! Meticulously renovated throughout, this spacious 4-bedroom family home is located in the highly desirable Westmount neighborhood. There is absolutely nothing left to do except move in and enjoy summer in your gorgeous backyard oasis! The bright, open-concept main floor features three solar tubes for incredible natural light. The stunning chef's kitchen boasts granite countertops, endless cupboard space, a gas stove/electric double-door oven, and a large island with an additional prep sink and eating bar. The kitchen opens beautifully into the living and dining area, accented by custom built-in cabinetry. This level offers a beautifully updated main bath and 3 generous bedrooms, including a spacious primary suite with its own private ensuite.The fully finished lower level significantly expands your living space, showcasing a cozy family room with a gas fireplace, a 4th large bedroom, and a full bathroom. The massive oversized recreation room is perfect for family time, featuring a rustic wood-burning stove. A large utility room with plenty of extra storage is cleverly tucked away behind rustic barn doors.Step outside into the beautiful sunroom-the perfect spot for family meals and entertaining while overlooking your glistening inground pool and landscaped yard. There is a shed for all your storage needs and also an area down behind the pool at the back to have your own garden. Major mechanics are fully updated for ultimate peace of mind, including the furnace, central A/C, and a high-quality metal roof- a complete list of updates and renovations is available under documents. This home effortlessly blends comfort, function, and lasting value. Enjoy an incredible, family-friendly location just a short walk to local parks, public schools, the community centre, major shopping, and public transit. A true turn-key masterpiece ready for summer fun!
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
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.
742 Cranbrook Road, London South
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $727/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 24 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.
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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.