2 Erie Avenue, London South

Price: $469,900

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X14096474

Welcome to 2 Erie Avenue, a charming early 1900s home located on the edge of Wortley Village and just a short walk to the beautiful Coves. This three-bedroom, one-bathroom home blends modern updates with the character of its original era. The bright, open-concept kitchen and living room create a comfortable and functional space for everyday living and entertaining, featuring beautiful cabinetry and stainless steel appliances. This home has been thoughtfully updated while preserving some of its early 1900s character, including a couple of original decorative and stained glass windows that add warmth and appeal.Step outside onto your spacious deck and enjoy a fenced yard with virtually maintenance-free landscaping and a convenient garden shed. Take an easy two minute walk down Erie Ave to the Coves, which offer walking trails, ponds, birdwatching, and the beauty of nature literally outside your door. Additional updates include a metal roof, furnace, central air, breaker panel, and security system.Ideally located close to schools, restaurants, shopping, hospitals, downtown, and so much more! What a wonderful opportunity to enjoy the charm of an older home with the comforts of thoughtful modern updates. Book your private showing today!

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active
New Listing

$469,900 - 2 Erie Avenue, London South

Detached for Sale in London South

New — Listed 4 days ago

Neighbourhood: South D

3Beds
1Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
X14096474
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London South
Taxes (2026)
$4,266
Listing Brokerage
SYNERGY REALTY LTD
Description

Welcome to 2 Erie Avenue, a charming early 1900s home located on the edge of Wortley Village and just a short walk to the beautiful Coves. This three-bedroom, one-bathroom home blends modern updates with the character of its original era. The bright, open-concept kitchen and living room create a comfortable and functional space for everyday living and entertaining, featuring beautiful cabinetry and stainless steel appliances. This home has been thoughtfully updated while preserving some of its early 1900s character, including a couple of original decorative and stained glass windows that add warmth and appeal.Step outside onto your spacious deck and enjoy a fenced yard with virtually maintenance-free landscaping and a convenient garden shed. Take an easy two minute walk down Erie Ave to the Coves, which offer walking trails, ponds, birdwatching, and the beauty of nature literally outside your door. Additional updates include a metal roof, furnace, central air, breaker panel, and security system.Ideally located close to schools, restaurants, shopping, hospitals, downtown, and so much more! What a wonderful opportunity to enjoy the charm of an older home with the comforts of thoughtful modern updates. Book your private showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,410.83/mo

Includes CMHC insurance ($13,110)

$
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5%10%50%

5-yr fixed avg.

Principal: $422,910Interest: $287,229
Mortgage Amount$436,020
Total Interest$287,229
Est. Property Tax$333/mo
Total Cost$723,249

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 D

Discover South D

South D 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 D

  • •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 D 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

2 Erie Avenue, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
6.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$333
Insurance (est.)-$98
Net Cash Flow+$2,369

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 $427/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.

Just Listed - Act Strategically

This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 D

I know South D 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.

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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    2 Erie Avenue, London South | $469,900 | Battaglia Team