$899,999 - 78 Summerdale Place, London South
Detached for Sale in London South
51 days on market- MLS Number
- X13057036
- Property Type
- Detached
- Status
- active
- Days on Site
- 51
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London South
- Listing Brokerage
- RE/MAX CENTRE CITY REALTY INC.
Welcome to 78 Summerdale Place, a beautifully updated family home in the heart of Byron!This spacious 4+1 bedroom, 2.5-bath home is set on a quiet, tree-lined cul-de-sac just steps from sought-after Byron Somerset Public School and Boler Mountain, offering the perfect blend of comfort, style, and location. Step inside to find a bright and open main floor featuring a welcoming living area, formal dining space, home office, and a modern kitchen, ideal for family gatherings and entertaining. Large windows fill the rooms with natural light, while quality finishes and neutral tones make the space feel fresh and inviting. Upstairs, the generous primary suite includes a private ensuite bath and two closets extra storage. Three additional bedrooms and a full bath complete the second level, providing room for everyone. The finished lower level offers an additional bedroom or home gym, plus a cozy family room, perfect for movie nights or a kids' play zone. Outside, enjoy the peaceful fenced backyard, a large deck with an on ground pool, and mature trees providing privacy and shade. Located in one of London's most cherished neighbourhoods, this home has everything at your doorstep; top-rated schools, parks, trails, shopping, and recreation all within minutes. This is a rare opportunity to own a family home in one of London's most desirable communities, move-in ready and waiting for its next chapter.
Estimate your monthly payments for this property
Estimated Payment
$4,617.46/mo
Includes CMHC insurance ($25,110)
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.
78 Summerdale Place, London South
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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 $450/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 51 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 $3,750 (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.