$529,900 - 49 Orchard Street, London South
Condo for Sale in London South
Neighbourhood: South E
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- MLS Number
- X13839830
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- London South
- Taxes (2025)
- $4,442
- Maintenance Fees
- $340/mo
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Welcome to 49 Orchard St, a lovingly maintained, original owner 3 bedroom condo situated close to Wortley Village, downtown, Thames Valley Trail system and bike paths, and backing onto the protected green space of the Coves. Functional, bright and open layout, with hardwood floors, Granite countertop in kitchen with newer backsplash, breakfast bar, and stainless steel appliances. Stunning views from the family room, with access to private rear deck overlooking greenspace and the forested Coves, a vast greenspace of ponds and wetlands. 2 generous bedrooms and a 4 piece bathroom on the next level, with Primary bedroom, luxurious ensuite and laundry closet on the 4th level. Primary also features 2 walk in closets, and a stunning view of the trees behind. Lower level finished with a recroom, guest bedroom or office nook, and a handy storage room. Extra wide single garage with inside entry allows the convenience of parking a vehicle and useful storage. Water heater is owned, furnace and C/A serviced annually, Air exchanger and hot water recovery system included. A wonderful opportunity to acquire a gently lived in, excellent condition, 1 owner home in a rare serene and nature filled location, so close to the amenities of the downtown and Wortley Village areas.
Estimate your monthly payments for this property
Estimated Payment
$2,718.66/mo
Includes CMHC insurance ($14,784)
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 E
South E 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 E
- •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 E 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.
49 Orchard 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
Competitive Pricing
At $331/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 25 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 $340/month fees should cover building insurance, common elements, and reserve contributions.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London South. Good resale value as demand remains consistent.
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 E
I know South E 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.