$569,900 - 54 Lysanda Avenue, London South
Detached for Sale in London South
42 days on marketNeighbourhood: South T
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- MLS Number
- X13776842
- Property Type
- Detached
- Status
- active
- Days on Site
- 42
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London South
- Taxes (2025)
- $4,124
- Listing Brokerage
- REVEL REALTY INC.
Leave the rush behind...This bright, spacious 3+1 bed, 2-bath raised ranch sits on a quiet street with no backyard neighbours-close to shopping, amenities, Victoria Hospital, and easy highway access. Imagine mornings at the centre-island kitchen, then flowing into spacious living and dining rooms. Hardwood upstairs. Three bedrooms with real storage; the primary opens to a sunroom retreat. The main bath is updated and generous. Downstairs, large windows pour light into a family room with a brick fireplace. A 3-piece bath, extra room / den, and ample storage. Attached garage. Fully fenced yard. Parks, trails, schools, and a splash pad are a short walk. Come home. - Stay awhile!
Estimate your monthly payments for this property
Estimated Payment
$2,923.88/mo
Includes CMHC insurance ($15,900)
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 T
South T 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 T
- •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 T 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.
54 Lysanda Avenue, 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 $518/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 42 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.
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.
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.
About South T
I know South T 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 $2,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.