$544,800 - 1687 Ernest Avenue, London South
Semi-Detached for Sale in London South
Neighbourhood: South X
- MLS Number
- X13455886
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London South
- Lot Size
- 3,690 sqft
- Listing Brokerage
- RIGHT AT HOME REALTY
Beautifully Renovated 3 Bedroom, 3 Bathroom Semi-Detached House with a Finished Basement located in a fantastic, family-friendly neighbourhood ! With NO CONDO FEES sitting on a large fully fenced lot! Just three doors down from St Arthur Elementary School ! The main floor features a bright, good-sized Living Room with a Feature Custom TV Wall W/ Fireplace ! Hardwood flooring throughout ! Updated Kitchen W/ Quartz Countertops , W/ Brand New Stainless Steel Appliances. Includes lots of cabinets , pantry and storage. Good Size Dining Area with lots on natural light. There's also a 2pc bathroom on this level and a convenient side entrance. Upstairs, you'll find three comfortable bedrooms, each with good-sized closets. The primary Bedroom is Large enough for a king-size bed and overlooks the beautiful treed backyard through a large window. Fully Renovated 4pc bath.The finished basement includes a cozy family room, w/ pot lights and hardwood throughout. Plus additional 3pc Bathroom w/ glass shower! Aa large laundry /storage room Incl brand new washer and dryer! .Outside, enjoy a large private backyard .You're just minutes from schools, grocery stores, small restaurants, and variety shops. Whether you're looking for a family home with room to grow or a home full of potential, this property offers incredible value. Don't wait, book your private showing today!
Estimate your monthly payments for this property
Estimated Payment
$2,795.11/mo
Includes CMHC insurance ($15,200)
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 South X
South X 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 X
- •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
South X 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.
1687 Ernest Avenue, 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 $495/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 16 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.
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 X
I know South X 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.
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 $2,270 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.