$724,900 - 2545 Asima Drive, London South
Detached for Sale in London South
Neighbourhood: South U
- MLS Number
- X13437760
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London South
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Proudly offered by the original owners, this beautifully maintained 2-storey home features 3bedrooms, 3 bathrooms, and an open-concept layout designed for comfortable family living. Enjoy outdoor entertaining on the private deck overlooking the fenced yard , complete with a storage shed and attractive stamped concrete walkways. The spacious kitchen offers an abundance of cabinetry, granite countertops, a peninsula island ,built-in wine rack, and stylish backsplash. The inviting family room is highlighted by a cozy fireplace and custom mantel. Quality upgrades include tilt-and-turn windows throughout. Upstairs, the generous primary bedroom retreat features a spa-inspired ensuite with a tiled glass shower and relaxing soaker tub. The finished lower - level recreation room provides additional living space, complete with a bar area and fireplace-perfect for entertaining. There's also a rough-in for a future bathroom. Additional highlights include an owned hot water heater (2025). Ideally located in the desirable Summerside community of South London, close to major highways, hospitals, shopping, schools, parks, and everyday amenities.
Estimate your monthly payments for this property
Estimated Payment
$3,719.11/mo
Includes CMHC insurance ($20,225)
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 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
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.
2545 Asima Drive, 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 $483/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 26 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.
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 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.