$699,900 - 29 Southland Drive, London South
Detached for Sale in London South
Popular ListingNeighbourhood: South V
- MLS Number
- X13478632
- Property Type
- Detached
- Status
- active
- Days on Site
- 14
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London South
- Listing Brokerage
- THRIVE REALTY GROUP INC.
Let this home show you why they call it 'Lovely Lambeth'! This beautifully maintained 4+1 bedroom home offers the perfect blend of small town feel and everyday convenience. Here, you'll enjoy a neighbourhood where people still wave hello, kids play outside, and neighbours actually know each other. Inside, you'll find a tidy and updated home with numerous improvements already taken care of, including updated windows, a newer roof, and stylish interior updates throughout. The functional layout offers plenty of space for growing families, with bright principal rooms and a finished lower level recreation room that's perfect for movie nights, a playroom, home gym, or additional living space. This can also lend itself easily to an in-law suite! The laundry area has a convenient walk up entrance to attached garage, for ease and storage options. Step outside to enjoy the large fully fenced backyard complete with a spacious deck, ideal for summer barbecues, entertaining friends, or simply relaxing while the kids and pets play. Located just minutes from schools, parks, shopping, restaurants, and quick access to Highway 402 and 401, this home delivers the best of both worlds: the warmth and community feel of a small town with all the conveniences of city living close at hand. This home truly is lovely, and once you experience Lambeth, you'll understand why so many people never want to leave.
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 V
South V 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 V
- •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 V 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.
29 Southland 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
Fair Market Value
At $1000/sqft, this property is priced in line with current London South market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
About South V
I know South V 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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.