1488 Evans Boulevard, London South

Price: $559,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Townhouse

MLS#: X13413354

Welcome to this beautifully maintained 2-storey townhouse offering exceptional value with no condo fees. Featuring 3 bedrooms, 2 bathrooms, an attached single-car garage, and an unfinished basement ready for your personal touch, this home is perfect for first-time buyers, growing families, or investors.The bright and functional main floor offers comfortable living and entertaining space, with a spacious living room, a well-appointed kitchen, and a dining area ideal for family meals and gatherings. Upstairs, you'll find three generously sized bedrooms, including a primary bedroom with a walk-in closet, along with a full bathroom.The attached garage provides convenient parking and additional storage, while the unfinished basement offers endless possibilities-create a recreation room, home gym, office, or additional living space to suit your needs.Step outside to enjoy the fully fenced backyard, offering privacy and a great space for children, pets, or outdoor entertaining. The patio and deck provide the perfect setting for summer barbecues, morning coffee, or relaxing evenings with family and friends.Located in a desirable neighbourhood close to schools, parks, shopping, and everyday amenities, this move-in-ready townhouse combines comfort, convenience, and affordability without the burden of monthly condo fees.

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$559,000 - 1488 Evans Boulevard, London South

Townhouse for Sale in London South

Neighbourhood: South U

3Beds
2Baths
700 - 1,099Sq Ft
Townhouse
Property Details
MLS Number
X13413354
Property Type
Townhouse
Status
active
Days on Site
29
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
London South
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Welcome to this beautifully maintained 2-storey townhouse offering exceptional value with no condo fees. Featuring 3 bedrooms, 2 bathrooms, an attached single-car garage, and an unfinished basement ready for your personal touch, this home is perfect for first-time buyers, growing families, or investors.The bright and functional main floor offers comfortable living and entertaining space, with a spacious living room, a well-appointed kitchen, and a dining area ideal for family meals and gatherings. Upstairs, you'll find three generously sized bedrooms, including a primary bedroom with a walk-in closet, along with a full bathroom.The attached garage provides convenient parking and additional storage, while the unfinished basement offers endless possibilities-create a recreation room, home gym, office, or additional living space to suit your needs.Step outside to enjoy the fully fenced backyard, offering privacy and a great space for children, pets, or outdoor entertaining. The patio and deck provide the perfect setting for summer barbecues, morning coffee, or relaxing evenings with family and friends.Located in a desirable neighbourhood close to schools, parks, shopping, and everyday amenities, this move-in-ready townhouse combines comfort, convenience, and affordability without the burden of monthly condo fees.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,867.96/mo

Includes CMHC insurance ($15,596)

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5-yr fixed avg.

Principal: $503,100Interest: $341,692
Mortgage Amount$518,696
Total Interest$341,692
Est. Property Tax$396/mo
Total Cost$860,388

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 U

Discover South U

South U 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 U

  • 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 U 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

1488 Evans Boulevard, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$396
Insurance (est.)-$116
Net Cash Flow+$2,038

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 $799/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 29 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in London South have shown strong appreciation as families seek more space.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About South U

I know South U 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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    1488 Evans Boulevard, London South | $559,000 | Battaglia Team