$669,900 - 574 Cranbrook Road, London South
Detached for Sale in London South
Neighbourhood: South M
- MLS Number
- X13452576
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London South
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
Backyards like this don't come along often - especially with a fully lit basketball court and space to unwind. This detached 2-storey with garage offers strong curb appeal and an inviting front porch, leading into a home designed for easy living and effortless entertaining. The spacious main level features hardwood flooring and a layout that feels both open and comfortable for everyday life. The kitchen offers direct sightlines to the backyard - perfect for keeping an eye on things - while the large dining area is ready for family dinners and weekend get-togethers. The back family room is a cozy retreat with a wood burning fireplace and direct access to the composite deck, creating an easy connection to the backyard complete with gas line fire pit and room to enjoy every season. Upstairs you'll find three well-sized bedrooms and a large 4-pc bath. The basement adds even more flexibility with a spacious family room, gas fireplace, a 3-pc bath, and plenty of storage. One added convenience for the kids after walking home from school is the side door access through the garage. Continue using as a mudroom or lift the floating floor for more use as a garage. Major updates have already been taken care of with newer shingles, most windows, and HVAC (with Heat Pump) giving you peace of mind for years to come. It's the kind of backyard you'll appreciate even more once you see it in person.
Estimate your monthly payments for this property
Estimated Payment
$3,436.93/mo
Includes CMHC insurance ($18,690)
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 M
South M 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 M
- •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 M 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.
574 Cranbrook Road, 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 $447/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 21 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.
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 M
I know South M 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.