$699,900 - 2878 Devon Road, London South
Detached for Sale in London South
New — Listed 7 days agoNeighbourhood: South W
- MLS Number
- X13502646
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London South
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Backing onto a private ravine with no rear neighbours, 2878 Devon Road delivers something rare at this price: over 3,000 sq ft of finished living space, a true walk-out in-law suite, and step-free, at-grade living - all on a quiet, coveted cul-de-sac.A premium interlocking-stone driveway and grand double-door entrance set the tone. Inside, the home is designed for easy, accessible living: you enter at grade with no steps, with both direct garage access and a separate side entrance - ideal for multi-generational households or anyone planning ahead.The main level makes an immediate impression with soaring 12-foot ceilings and a bright, sun-drenched living and dining area that flows into a full-sized kitchen with stainless-steel appliances and a smart, functional layout. Upstairs, a private retreat offers three generous bedrooms, including a primary suite with a walk-in closet and a spa-like 5-piece ensuite featuring a jacuzzi tub, plus a guest bathroom.Just a few steps down, the walk-out lower level is a standout: a spacious family room centered on a gas fireplace, filled with natural light from large above-grade windows, opening directly to the backyard. A fourth bedroom and an updated 3-piece bath make this level perfect for guests or independent living. The real opportunity is below: a fully finished basement with a second full kitchen, creating a self-contained in-law or granny suite - and with the home's separate side entrance and walk-out, it's tailor-made for extended family or rental income. A rough-in for an additional bathroom and space for a fifth bedroom mean there's built-in upside for years to come. Outside, a spectacular backyard backs onto serene green space and a private ravine - your own quiet escape with no rear neighbours. Minutes from [schools, parks, White Oaks shopping, and quick Highway 401/402 access , this is a versatile, move-in-ready home that rarely comes available. Flexible possession available.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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 W
South W 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 W
- •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 W 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.
2878 Devon Road, 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 $350/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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London South.
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 W
I know South W 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.