76 High Street, London South

Price: $580,000

5 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12974882

76 High Street in London's Old South neighbourhood is most definitely more than meets the eye! With 5 bedrooms, 1.5 baths, a HUGE mudroom/laundry and upper master addition, terrific basement space, a big, private, fully fenced back yard, parking for 4 cars plus an oversized 1 car garage (2014), there is loads of space for your growing or multi-generational family. You will fall in love with the thoughtfully designed 2022 addition which enhances this home with a very spacious ground level mudroom/laundry (aka activity central!) , a well-placed mid-story master bedroom, reconfigured stairs to upper floor and a large, heated basement crawlspace. Other upgrades in 2022 include back deck and central air. Convenient main floor bedroom with 2 pc bath offers all sorts of options to fit your needs, bedroom, office, therapy room....you decide. Nicely situated in Old South, you can saunter over to Wortley Village for an afternoon festival, downtown for a hockey game, short ride to London's bike paths or quicky hop on the upcoming Bus Rapid Transit system plus you're only a few blocks from South Secondary, Tecumseh PS and Farquharson Arena. Hoping for income potential? R3-2 zoning and highly sought after location create many possibilities for income development. 76 High St....so much more than meets the eye, come see for yourself.

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$580,000 - 76 High Street, London South

Detached for Sale in London South

70 days on market
5Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12974882
Property Type
Detached
Status
active
Days on Site
70
Bedrooms
5
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London South
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

76 High Street in London's Old South neighbourhood is most definitely more than meets the eye! With 5 bedrooms, 1.5 baths, a HUGE mudroom/laundry and upper master addition, terrific basement space, a big, private, fully fenced back yard, parking for 4 cars plus an oversized 1 car garage (2014), there is loads of space for your growing or multi-generational family. You will fall in love with the thoughtfully designed 2022 addition which enhances this home with a very spacious ground level mudroom/laundry (aka activity central!) , a well-placed mid-story master bedroom, reconfigured stairs to upper floor and a large, heated basement crawlspace. Other upgrades in 2022 include back deck and central air. Convenient main floor bedroom with 2 pc bath offers all sorts of options to fit your needs, bedroom, office, therapy room....you decide. Nicely situated in Old South, you can saunter over to Wortley Village for an afternoon festival, downtown for a hockey game, short ride to London's bike paths or quicky hop on the upcoming Bus Rapid Transit system plus you're only a few blocks from South Secondary, Tecumseh PS and Farquharson Arena. Hoping for income potential? R3-2 zoning and highly sought after location create many possibilities for income development. 76 High St....so much more than meets the eye, come see for yourself.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,975.70/mo

Includes CMHC insurance ($16,182)

$
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5-yr fixed avg.

Principal: $522,000Interest: $354,528
Mortgage Amount$538,182
Total Interest$354,528
Est. Property Tax$411/mo
Total Cost$892,710

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

76 High Street, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
6.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$411
Insurance (est.)-$121
Net Cash Flow+$3,068

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 $387/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.

Negotiation Opportunity

At 70 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London South.

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 $2,417 (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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    76 High Street, London South | $580,000 | Battaglia Team