75 Mendip Crescent, London South

Price: $525,000

3 bedrooms, 2 bathrooms

700 sq ft

Property Type: Single Family Home

MLS#: X12775208

Perfect for first-time buyers or a young family, this well-maintained 4-level backsplit is located on a quiet crescent in desirable South London with quick access to the 401. Just around the corner from a public school, a short walk to a park, and close to all major amenities. The fully fenced yard is ideal for kids or pets. The main level features an updated eat-in kitchen with granite countertops and a spacious, sun-filled living room. A few steps up are three generous bedrooms and a full bathroom. The lower level offers excellent flexibility and could be easily separated from the rest of the home, with access from a side entrance. Downstairs you'll find a fourth bedroom, full bathroom, laundry, and an additional living area-perfect for extended family, guests, or future in-law potential.

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active
New Listing
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$525,000 - 75 Mendip Crescent, London South

Single Family Home for Sale in London South

New — Listed 6 days ago
3Beds
2Baths
700Sq Ft
Single Family Home
Property Details
MLS Number
X12775208
Property Type
Single Family Home
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
2
Square Feet
700 sqft
Neighbourhood
London South
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Perfect for first-time buyers or a young family, this well-maintained 4-level backsplit is located on a quiet crescent in desirable South London with quick access to the 401. Just around the corner from a public school, a short walk to a park, and close to all major amenities. The fully fenced yard is ideal for kids or pets. The main level features an updated eat-in kitchen with granite countertops and a spacious, sun-filled living room. A few steps up are three generous bedrooms and a full bathroom. The lower level offers excellent flexibility and could be easily separated from the rest of the home, with access from a side entrance. Downstairs you'll find a fourth bedroom, full bathroom, laundry, and an additional living area-perfect for extended family, guests, or future in-law potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,693.52/mo

Includes CMHC insurance ($14,648)

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5-yr fixed avg.

Principal: $472,500Interest: $320,909
Mortgage Amount$487,148
Total Interest$320,909
Est. Property Tax$372/mo
Total Cost$808,057

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

75 Mendip Crescent, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$372
Insurance (est.)-$109
Net Cash Flow+$2,319

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $750/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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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 $2,188 (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.

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