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South V, London South
$1,029,900
MODEL HOME ALERT! | Exceptional move-in ready Johnstone Homes model home showcasing over $100,000 in premium upgrades and an incredible fully finished walk-out basement with direct backyard access! Offering over 3,600 sq. ft. of finished living space, this stunning 4+1 bedroom, 4.5 bath home delivers luxury, versatility, and thoughtful design throughout. The main level features a spectacular upgraded kitchen with walk-in pantry, opening seamlessly to the family room with electric fireplace and custom feature wall-perfect for everyday living and entertaining. Large mudroom offers built in organizers with bench. Upstairs, the spacious primary suite offers a stepped ceiling, hardwood flooring, and a spa-inspired ensuite with heated floors. Hardwood flooring continues throughout the second-level hallway. The finished walk-out basement is a true standout, featuring separate side entrance, a bedroom, full bathroom (with heated flooring), kitchenette, huge living space, and direct access to the backyard. Whether you need a private space for guests or extended family, a home office, games room, movie lounge, or future in-law suite, the possibilities are endless! Enjoy outdoor living from the covered rear deck, complete with privacy wall and WeatherDek waterproof membrane, overlooking trees with privacy. The striking exterior combines Arriscraft stone and brick with premium James Hardie siding for exceptional curb appeal and lasting durability. Built by Johnstone Homes, with over 35 years of craftsmanship and excellence, this home is ideally located close to schools, shopping, trails, recreation and seasonal skiing, with easy access to Highways 401 & 402. Price includes proposed 2026 HST rebates. A true showstopper with the space, upgrades and walk-out basement today's buyers are looking for!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | New |
| Size | 2500-3000 sq. ft. |
| Property Tax | --- |
| Lot Size | 38.2 ft x 115.41 ft |
| mls© Number | X13674770 |
| Listed By | NU-VISTA PINNACLE REALTY BROKERAGE INC |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,271
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $5,421 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$167,000
gross annual household income
- Payment at 4%
- $4,334 / mo
- Cash down
- $205,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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