40 Ebury Place, London South

Price: $619,900

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13124606

This 4 level side split offers so many great things, it's hard to know where to start - how about let's begin with the fact it's located on a quiet cul-de-sac, with parks closeby. This includes Ebury Park, which is just steps away, via a paved walkway, and the impressive Westminster Ponds are nearby too. Then, there's the long driveway with plenty of parking, and the large, fenced, pie shaped lot. MMmmmm ..... Pie! The lot this house has is so nice, it's like having a slice of your favourite pie for dessert! That's making me hungry, so let's go over the inside of the home, to get my mind off that. First, there's lots of stuff to mention about the first floor, including the spacious living room, plus there's a dining room, and the beautiful kitchen was updated in 2021 (complete with a pot filling tap - these faucets are so cool!). Heading upstairs next, there's 2 big bedrooms, plus a 4 piece bathroom. Then, going to the lower level, there's a recroom, another large bedroom, and an attractive 3 piece bathroom that was updated in 2021. As a bonus, this level also has the option of a separate entrance through the house's door to the backyard. One more level to go - taking the short flight of stairs from this level to the lower basement, there's a kitchenette, den, laundry room, and there's even a lower height storage area (which is under the third level, with access off the laundry room). Wait, does that make this a 4.5 level side split? Perhaps not, since there aren't extra stairs to this storage area, but still, it's awesome to have! And here's a few extra features to mention: mostly updated windows throughout, schools are closeby, public transit routes are close, and the neighbourhood is situated near shopping, with quick highway access.

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$619,900 - 40 Ebury Place, London South

Detached for Sale in London South

55 days on market

Neighbourhood: South S

3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13124606
Property Type
Detached
Status
active
Days on Site
55
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London South
Listing Brokerage
THE REALTY FIRM INC.
Description

This 4 level side split offers so many great things, it's hard to know where to start - how about let's begin with the fact it's located on a quiet cul-de-sac, with parks closeby. This includes Ebury Park, which is just steps away, via a paved walkway, and the impressive Westminster Ponds are nearby too. Then, there's the long driveway with plenty of parking, and the large, fenced, pie shaped lot. MMmmmm ..... Pie! The lot this house has is so nice, it's like having a slice of your favourite pie for dessert! That's making me hungry, so let's go over the inside of the home, to get my mind off that. First, there's lots of stuff to mention about the first floor, including the spacious living room, plus there's a dining room, and the beautiful kitchen was updated in 2021 (complete with a pot filling tap - these faucets are so cool!). Heading upstairs next, there's 2 big bedrooms, plus a 4 piece bathroom. Then, going to the lower level, there's a recroom, another large bedroom, and an attractive 3 piece bathroom that was updated in 2021. As a bonus, this level also has the option of a separate entrance through the house's door to the backyard. One more level to go - taking the short flight of stairs from this level to the lower basement, there's a kitchenette, den, laundry room, and there's even a lower height storage area (which is under the third level, with access off the laundry room). Wait, does that make this a 4.5 level side split? Perhaps not, since there aren't extra stairs to this storage area, but still, it's awesome to have! And here's a few extra features to mention: mostly updated windows throughout, schools are closeby, public transit routes are close, and the neighbourhood is situated near shopping, with quick highway access.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,180.41/mo

Includes CMHC insurance ($17,295)

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5-yr fixed avg.

Principal: $557,910Interest: $378,917
Mortgage Amount$575,205
Total Interest$378,917
Est. Property Tax$439/mo
Total Cost$954,122

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.

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Neighbourhood Guide: South S

Discover South S

South S 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 S

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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 S 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.

70
Walk Score
Varies
Price Range

40 Ebury Place, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$439
Insurance (est.)-$129
Net Cash Flow+$2,232

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $413/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.

Negotiation Opportunity

At 55 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

About South S

I know South S 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 $2,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    40 Ebury Place, London South | $619,900 | Battaglia Team