127 ODESSA Avenue, London South

Price: $630,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13023342

Welcome to 127 Odessa Ave! This renovated 4+1 bedroom, 3-bathroom split-level home backs directly onto the scenic Odessa Park in a quiet, family-friendly neighborhood. Upgraded from top to bottom, the home features fresh paint, luxury vinyl flooring, modern light fixtures, rolling shades, and pot lights throughout. The main floor offers a versatile bedroom/office, a cozy living room with a fireplace, a warm kitchen with a dining area, a large family room, and a powder room. Upstairs, find a spacious primary bedroom with double closets, two additional bedrooms, and a stunning updated bathroom with a stand-alone soaker tub and separate shower. The lower level provides great in-law suite potential with a large rec room, wet bar/second kitchen setup, laundry, an additional bedroom, a 3-piece bath, and Electrical Safety Authority-compliant upgraded electrical. Step outside to a private, fully fenced backyard oasis featuring an enclosed hot tub gazebo, a tranquil waterfall pond, a fire pit, and a steel roof (2017). Just a short walk to Arthur Ford Public School-don't miss this incredible opportunity!

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$630,000 - 127 ODESSA Avenue, London South

Detached for Sale in London South

125 days on market

Neighbourhood: South O

5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13023342
Property Type
Detached
Status
active
Days on Site
125
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London South
Listing Brokerage
SHRINE REALTY BROKERAGE LTD.
Description

Welcome to 127 Odessa Ave! This renovated 4+1 bedroom, 3-bathroom split-level home backs directly onto the scenic Odessa Park in a quiet, family-friendly neighborhood. Upgraded from top to bottom, the home features fresh paint, luxury vinyl flooring, modern light fixtures, rolling shades, and pot lights throughout. The main floor offers a versatile bedroom/office, a cozy living room with a fireplace, a warm kitchen with a dining area, a large family room, and a powder room. Upstairs, find a spacious primary bedroom with double closets, two additional bedrooms, and a stunning updated bathroom with a stand-alone soaker tub and separate shower. The lower level provides great in-law suite potential with a large rec room, wet bar/second kitchen setup, laundry, an additional bedroom, a 3-piece bath, and Electrical Safety Authority-compliant upgraded electrical. Step outside to a private, fully fenced backyard oasis featuring an enclosed hot tub gazebo, a tranquil waterfall pond, a fire pit, and a steel roof (2017). Just a short walk to Arthur Ford Public School-don't miss this incredible opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,232.23/mo

Includes CMHC insurance ($17,577)

$
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5-yr fixed avg.

Principal: $567,000Interest: $385,091
Mortgage Amount$584,577
Total Interest$385,091
Est. Property Tax$446/mo
Total Cost$969,668

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: South O

Discover South O

South O 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 South O

  • 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

South O 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

127 ODESSA Avenue, 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)
5.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$3,023

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 $420/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 125 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.

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.

About South O

I know South O well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    MLS# X13023342 — 127 ODESSA Avenue | Battaglia Team