$799,900 - 86 Lysanda Court, London South
Detached for Sale in London South
42 days on market- MLS Number
- X13104838
- Property Type
- Detached
- Status
- active
- Days on Site
- 42
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London South
- Listing Brokerage
- Century 21 Heritage House Ltd Brokerage
Tucked away on a quiet cul-de-sac in one of South London's most sought-after neighbourhoods,this beautifully maintained custom-built home offers space,privacy,nature,and incredible future potential.Situated on an approx.8,000 sq ft ravine lot backing onto conservation and trails,this property provides a peaceful setting just minutes to schools,shopping,LHSC,highways,and amenities.Offering approx.2,400 sq ft above grade plus an additional approx.1,200 sq ft partially finished lower level,this home is ideal for large families,multi-generational living,or buyers seeking versatility and long-term value.With its spacious layout,separate garage entrance to the basement,and flexible floorplan,the property also presents exciting possibilities for future revenue-generating opportunities.The bright open-concept design features soaring vaulted ceilings,oversized windows,and spacious principal rooms perfect for entertaining and everyday living.The inviting living room is centered around a cozy gas fireplace and flows into the eat-in kitchen and formal dining area.A beautiful bay window and oversized sunroom overlook the stunning ravine backyard setting,creating the perfect place to relax and enjoy nature year-round.Upstairs features generously sized bedrooms including a spacious primary retreat complete with a walk-in closet and private ensuite bath.The lower level has already had substantial renovation work completed with layout plans for additional bedrooms,bathrooms,and kitchen space.Plumbing and shower base installation have already been completed in one bathroom area,with additional framing and improvements underway.Adding even more value,the seller is including a large selection of building materials,lighting fixtures,hardware,screws,and various finishing supplies already purchased for the home.Select furniture pieces may also remain.A rare opportunity to own a spacious custom home on a premium ravine lot with exceptional future potential.
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.
86 Lysanda Court, 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 $400/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 42 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.