$669,900 - 30 COWAN Avenue, London South
Detached for Sale in London South
New — Listed 5 days agoNeighbourhood: South R
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- MLS Number
- X14093396
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London South
- Taxes (2025)
- $4,275
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
SPACE, STYLE & INCREDIBLE INCOME POTENTIAL! Welcome to 30 Cowan Avenue, an impressive and beautifully updated 4-level sidesplit nestled in the sought-after Lockwood Park neighbourhood of South London! Offering an exceptional 3+3 bedroom layout, 2 full bathrooms, and 2 kitchens, this versatile home is perfect for growing families, multigenerational living, extended families, or savvy buyers looking to explore rental income opportunities! Situated on a generous 70 x 100 ft lot, this move-in ready home has been tastefully refreshed with updated flooring, fresh paint, and renovated bathrooms, creating a warm and inviting atmosphere throughout. The bright and spacious main level features comfortable living and dining areas, ideal for everyday family living and entertaining. A beautiful four-season sunroom provides additional living space and the perfect setting to enjoy your morning coffee, unwind after a long day, or overlook the private backyard. What truly sets this property apart is its incredible flexibility! With six bedrooms spread across multiple levels, a second kitchen, and finished lower-level living space, the home offers exciting possibilities for an in-law suite, accommodating extended family, multigenerational living, or generating supplementary rental income. Whether you're looking to live comfortably while exploring ways to offset your mortgage or simply need room for the whole family, this property delivers! Enjoy a spacious backyard with room to entertain, garden, or relax, along with an attached garage and private driveway. Conveniently located minutes from schools, parks, shopping, restaurants, public transit, Victoria Hospital, LHSC, Westminster Ponds, and Highway 401. A RARE OPPORTUNITY to own a spacious, updated, and incredibly versatile home in an established South London neighbourhood. ONE HOME, ENDLESS POSSIBILITIES!
Estimate your monthly payments for this property
Estimated Payment
$3,436.93/mo
Includes CMHC insurance ($18,690)
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 R
South R 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 R
- •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 R 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.
30 COWAN Avenue, 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 $609/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 6 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 R
I know South R 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 $2,791 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.