474 Southdale Road Unit 28, London South

Price: $389,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13501384

Welcome to this beautifully updated 3-bedroom, condo townhouse in highly sought-after London South! Perfect for first-time buyers, families, or investors. The bright, open-concept main floor features a spacious living area with large windows pouring in natural light. The kitchen boasts modern cabinetry and stainless steel appliances. Three generous bedrooms upstairs include a large primary retreat with ample closet space with New Hardwood flooring. Step outside to your private, fully fenced patio area-ideal for summer BBQs. Unbeatable location just minutes to White Oaks Mall, top-rated schools, parks, and fast access to Hwy 401/402. Move in ready!

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New Listing
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$389,000 - 474 Southdale Road Unit 28, London South

Condo for Sale in London South

New — Listed 6 days ago

Neighbourhood: South Q

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13501384
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
London South
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
CENTURY 21 GREEN REALTY INC.
Description

Welcome to this beautifully updated 3-bedroom, condo townhouse in highly sought-after London South! Perfect for first-time buyers, families, or investors. The bright, open-concept main floor features a spacious living area with large windows pouring in natural light. The kitchen boasts modern cabinetry and stainless steel appliances. Three generous bedrooms upstairs include a large primary retreat with ample closet space with New Hardwood flooring. Step outside to your private, fully fenced patio area-ideal for summer BBQs. Unbeatable location just minutes to White Oaks Mall, top-rated schools, parks, and fast access to Hwy 401/402. Move in ready!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,995.77/mo

Includes CMHC insurance ($10,853)

$
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5%10%50%

5-yr fixed avg.

Principal: $350,100Interest: $237,778
Mortgage Amount$360,953
Total Interest$237,778
Est. Property Tax$276/mo
Total Cost$598,731

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 Q

Discover South Q

South Q 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 Q

  • 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 Q 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

474 Southdale Road Unit 28, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$276
Insurance (est.)-$81
Net Cash Flow+$1,783

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 $324/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.

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. We'll want to verify the monthly fees and what they include.

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 Q

I know South Q 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    474 Southdale Road Unit 28, London South | $389,000 | Battaglia Team