615 Deveron Crescent, London South

Price: $489,900

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: X13519888

Welcome to 615 Deveron Crescent, a lovingly maintained raised bungalow offering comfortable living today and flexibility for tomorrow. Situated on a quiet crescent, this well-cared-for semi-detached home features two bedrooms on the main floor, an additional lower-level bedroom, and a separate basement entrance that opens the door to future in-law or multi-generational living possibilities. Natural light fills the main level, where the spacious living and dining areas connect to a functional kitchen overlooking the private backyard. Whether you're enjoying your morning coffee on the patio or watching children and pets play in the fully fenced yard, the outdoor space is designed to be used and enjoyed. Downstairs, the finished lower level adds valuable living space with a large recreation room, additional bedroom, laundry area, and a convenient two-piece bathroom. With its separate entrance and generous layout, the lower level offers excellent flexibility for growing families, guests, or future customization. Located close to schools, parks, public transit, shopping, and everyday amenities, this home offers an outstanding opportunity for first-time buyers, young families, or anyone looking for a property with room to grow. Every space has its chapter... this one's ready for its next.

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New Listing
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$489,900 - 615 Deveron Crescent, London South

Semi-Detached for Sale in London South

New — Listed 4 days ago

Neighbourhood: South T

3Beds
2Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
X13519888
Property Type
Semi-Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
London South
Listing Brokerage
PC275 REALTY INC.
Description

Welcome to 615 Deveron Crescent, a lovingly maintained raised bungalow offering comfortable living today and flexibility for tomorrow. Situated on a quiet crescent, this well-cared-for semi-detached home features two bedrooms on the main floor, an additional lower-level bedroom, and a separate basement entrance that opens the door to future in-law or multi-generational living possibilities. Natural light fills the main level, where the spacious living and dining areas connect to a functional kitchen overlooking the private backyard. Whether you're enjoying your morning coffee on the patio or watching children and pets play in the fully fenced yard, the outdoor space is designed to be used and enjoyed. Downstairs, the finished lower level adds valuable living space with a large recreation room, additional bedroom, laundry area, and a convenient two-piece bathroom. With its separate entrance and generous layout, the lower level offers excellent flexibility for growing families, guests, or future customization. Located close to schools, parks, public transit, shopping, and everyday amenities, this home offers an outstanding opportunity for first-time buyers, young families, or anyone looking for a property with room to grow. Every space has its chapter... this one's ready for its next.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,513.44/mo

Includes CMHC insurance ($13,668)

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5-yr fixed avg.

Principal: $440,910Interest: $299,454
Mortgage Amount$454,578
Total Interest$299,454
Est. Property Tax$347/mo
Total Cost$754,032

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 T

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

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 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.

70
Walk Score
Varies
Price Range

615 Deveron Crescent, 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)
5.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$2,351

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 $700/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.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 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.

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    615 Deveron Crescent, London South | $489,900 | Battaglia Team