93 Stanley Street, London South

Price: $459,000

4 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13143726

Located near the intersection of Stanley Street and Wharncliffe rd. 4 Bedroom, 2 Full Bath, Easy Access to Downtown to the East (5 min. drive), and walking trail to the West of the property (Park and Trail), close to Wortley Village, and it has CC1 zoned (once was a convenience Store). There was once a Profitable Convenience Store attached to the front of the house that had been closed in 2013 as the owner wanted to retire. 10ft Cellings throughout. This house is cool in the summer and warm in the winter. On the main floor, full kitchen, newer hardwood and laminate floor throughout. 2nd and 3rd floor use to have separate Apartment unit with separate kitchen. Kitchen Hook up for the 2nd floor kitchen is available. Generous sized dining room, living room in the main floor and separate family room. Some of the original solid doors are taken off but preserved in the basement. The track for the double hung door separates the family room from living room can easily be restore its use by lifting the newly laid hardwood over the track. There are four bedrooms on the second floor with big attic accessed from the second floor. 4 Bedrooms and 2 full Bathrooms with tall ceiling gives airy feels to this old unique house. Parking at the back of the building where multiple cars can be parked. The parking is adjacent to the City of London Property. This building has character, exposure, easy to enter and exit and lots of potential to run small business. The property is being sold in"As is, where is" condition with no representations or warranties.

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$459,000 - 93 Stanley Street, London South

Detached for Sale in London South

31 days on market
4Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13143726
Property Type
Detached
Status
active
Days on Site
31
Bedrooms
4
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
London South
Listing Brokerage
NU-VISTA PINNACLE REALTY BROKERAGE INC
Description

Located near the intersection of Stanley Street and Wharncliffe rd. 4 Bedroom, 2 Full Bath, Easy Access to Downtown to the East (5 min. drive), and walking trail to the West of the property (Park and Trail), close to Wortley Village, and it has CC1 zoned (once was a convenience Store). There was once a Profitable Convenience Store attached to the front of the house that had been closed in 2013 as the owner wanted to retire. 10ft Cellings throughout. This house is cool in the summer and warm in the winter. On the main floor, full kitchen, newer hardwood and laminate floor throughout. 2nd and 3rd floor use to have separate Apartment unit with separate kitchen. Kitchen Hook up for the 2nd floor kitchen is available. Generous sized dining room, living room in the main floor and separate family room. Some of the original solid doors are taken off but preserved in the basement. The track for the double hung door separates the family room from living room can easily be restore its use by lifting the newly laid hardwood over the track. There are four bedrooms on the second floor with big attic accessed from the second floor. 4 Bedrooms and 2 full Bathrooms with tall ceiling gives airy feels to this old unique house. Parking at the back of the building where multiple cars can be parked. The parking is adjacent to the City of London Property. This building has character, exposure, easy to enter and exit and lots of potential to run small business. The property is being sold in"As is, where is" condition with no representations or warranties.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,354.91/mo

Includes CMHC insurance ($12,806)

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5-yr fixed avg.

Principal: $413,100Interest: $280,566
Mortgage Amount$425,906
Total Interest$280,566
Est. Property Tax$325/mo
Total Cost$706,472

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

93 Stanley Street, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
7.5%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$325
Insurance (est.)-$96
Net Cash Flow+$2,879

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 $230/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 31 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.

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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