$869,900 - 2 OAKWOOD Drive, London South
Detached for Sale in London South
Neighbourhood: South B
- MLS Number
- X13443508
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London South
- Listing Brokerage
- THE REALTY FIRM INC.
Welcome to one of Byron's best-kept surprises-offering far more space than meets the eye! Featuring numerous upgrades and improvements, this updated 4-level backsplit features 4 finished levels, and a versatile walk out suite complete with a kitchenette, full bathroom, living area, and laundry. Ideal for multigenerational living, older children seeking independence, guests, a home office, or simply as an entertainer's kitchen with direct backyard access. Nestled in the sought-after Warbler Woods neighbourhood, this home is surrounded by mature trees, spacious lots, top-rated schools, parks, walking trails, Boler Mountain, and all the amenities Byron is known for.Inside, you'll find a bright and inviting layout with skylights, updated lighting, and thoughtful finishes. The renovated kitchen features professionally refinished cabinetry, under-cabinet lighting, an induction stove, newer appliances, and upgraded fixtures and a dedicated dining area. The sun-filled living room showcases a large bay window and skylight, while the lower family room features a rebuilt fireplace wall with a gas insert and walkout to the backyard. All hardwood flooring in the home has either been refinished or replaced!Upstairs offers three spacious bedrooms, including a generous primary bedroom with a new window, updated closet doors, and upgraded lighting. The main bathroom was completely renovated to the studs in 2024 and now includes convenient second-floor laundry. Outside, nearly every detail has been addressed, including a concrete driveway and walkway, MyQ garage door system, fencing, pergola, shed, epoxy-coated garage floor and front porch, landscaping, grading, solar lighting, eavestroughs, skylights, and 50-year shingles. Additional updates include an owned on-demand water heater, smart thermostat, attic insulation top-up, and a recent survey.A truly turnkey home where no detail has been overlooked. Bonus: located on Byron's famous Santa Blow-Ups route-blow-up Santa included!
Estimate your monthly payments for this property
Estimated Payment
$4,463.04/mo
Includes CMHC insurance ($24,270)
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 B
South B 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 B
- •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 B 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.
2 OAKWOOD Drive, London South
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Rental income estimator & ROI calculator
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 $435/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 22 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.
About South B
I know South B 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 $3,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.