5085 Wellington Road, London South

Price: $499,000

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13491210

Rare opportunity to own a large property at the corner of Wellington Rd in London, featuring a substantial .786 acre lot and a newer-built oversized shop, 12ft door, 200amp service 34ft x 27 ft that is the standout feature of this offering. Ideal for contractors, hobbyists, tradespeople, or buyers seeking exceptional workspace and storage. The existing home requires renovation and is being sold in "as is, where is" condition. The Home offers an opportunity for renovation, redevelopment, or a fresh vision. A convenient side entrance to the property provides excellent access to the rear yard and shop. With its generous lot size, prime location, and impressive shop, this property offers outstanding potential for the right buyer, 2 minutes to the 401.

5085 Wellington Road - Detached photo 1 of 14 in London South, Ontario
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$499,000 - 5085 Wellington Road, London South

Detached for Sale in London South

Popular Listing

Neighbourhood: South HH

3Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13491210
Property Type
Detached
Status
active
Days on Site
12
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London South
Listing Brokerage
SUTTON GROUP PREFERRED REALTY INC.
Description

Rare opportunity to own a large property at the corner of Wellington Rd in London, featuring a substantial .786 acre lot and a newer-built oversized shop, 12ft door, 200amp service 34ft x 27 ft that is the standout feature of this offering. Ideal for contractors, hobbyists, tradespeople, or buyers seeking exceptional workspace and storage. The existing home requires renovation and is being sold in "as is, where is" condition. The Home offers an opportunity for renovation, redevelopment, or a fresh vision. A convenient side entrance to the property provides excellent access to the rear yard and shop. With its generous lot size, prime location, and impressive shop, this property offers outstanding potential for the right buyer, 2 minutes to the 401.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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 HH

Discover South HH

South HH 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 HH

  • 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 HH 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

5085 Wellington Road, 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)
5.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$2,343

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 $454/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.

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 HH

I know South HH 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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    5085 Wellington Road, London South | $499,000 | Battaglia Team