$624,900 - 374 GRIFFITH Street, London South
Detached for Sale in London South
Popular ListingNeighbourhood: South B
- MLS Number
- X13485624
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London South
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Welcome to 374 Griffith Street, a bungalow in the heart of Byron with 3 main floor bedrooms, 2 bathrooms and large backyard with in-ground pool! This beautiful home has hardwood floors throughout the main floor and offers a spacious and bright living room featuring huge windows that allow natural light to pour through the entire open space. The layout flows seamlessly from the living room to the dining area, creating a modern and welcoming feel for hosting guests. The dining room is open to the kitchen with plenty of cupboard and counter space, granite countertops and tile backspash. The main level is completed by three comfortable bedrooms and a recently renovated full bathroom with modern updates. The lower level expands the potential of the home with a partially finished area that has a second bathroom, and a bright rec room / family room with potlights. The lower level extends to a large unfinished storage area, which offers the perfect footprint for a fantastic workshop complete with a workbench for your DIY projects. The back door walks out to an incredible outdoor retreat designed for summer enjoyment and seamless entertaining. The expansive backyard is anchored by a sparkling, well maintained in-ground swimming pool (new liner in 2021), making it a premier destination for relaxation. A large deck equipped with a gazebo provides a shaded escape for outdoor dining, while the surrounding green space offers plenty of room for childrens' activities. Practicality meets leisure with a dedicated pool shed to house equipment and a separate large storage shed for tools and seasonal items. Located within walking distance to the local amenities, parks, and schools that Byron is famous for, this property represents a fantastic opportunity for families or those looking for a versatile layout with exceptional outdoor space. Properties with this combination of a beautiful interior, workshop potential, large backyard in Byron with a pool do not last long on the market.
Estimate your monthly payments for this property
Estimated Payment
$3,206.06/mo
Includes CMHC insurance ($17,435)
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.
374 GRIFFITH Street, 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
Fair Market Value
At $893/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.
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.
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 $2,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.