$624,000 - 414 Old Wonderland Road Unit 1, London South
Condo for Sale in London South
Neighbourhood: South N
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- MLS Number
- X13881440
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- London South
- Maintenance Fees
- $175/mo
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP PAWLOWSKI & COMPANY REAL ESTATE BROKERAGE INC.
TO BE BUILT - NEW RELEASE! NEW AGGRESSIVE PRICING & $10,000 FALL BUILDER INCENTIVE INCLUDED IN THE LIST PRICE! An exceptional opportunity to own a brand-new end unit in Southwest London at newly released pricing offering outstanding value. Offering approx. 1,667 sq ft above grade, this thoughtfully designed vacant land condo features 3 bedrooms, 2.5 bathrooms & an attached garage, with the added appeal of an end-unit location providing additional natural light. The bright open-concept main floor features 9' ceilings & engineered hardwood flooring, with a spacious family room flowing into the dining area & kitchen. Designed for everyday living & entertaining, the kitchen features custom cabinetry, quartz countertops, tile backsplash & island with excellent workspace & storage. Patio doors lead to a 10' x 12' rear deck, extending the living space outdoors. Upstairs, the generous primary suite features a walk-in closet & private ensuite with quartz countertop & tiled shower, complemented by 2 additional bedrooms, a full main bath & convenient second-floor laundry. The unfinished lower level offers excellent future potential for additional living space. Choose from 3 professionally curated interior design packages - Classic, Modern Vintage or Urban - with additional builder upgrades available to further personalize your home. Tucked into a quiet cul-de-sac in an established Southwest London neighbourhood close to parks, schools, trails, shopping, restaurants, recreation & everyday amenities. PHOTOS ARE FROM PREVIOUS MODEL HOMES & MAY SHOW UPGRADES, FINISHES & ELEVATIONS NOT INCLUDED IN THE BASE PRICE.
Estimate your monthly payments for this property
Estimated Payment
$3,201.44/mo
Includes CMHC insurance ($17,410)
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 N
South N 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 N
- •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 N 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.
414 Old Wonderland Road Unit 1, 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 $390/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.
Market Position
At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $175/month fees should cover building insurance, common elements, and reserve contributions.
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.
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 N
I know South N 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.