$234,900

For sale

#1007 45 POND MILLS Road, London - Single Family for Sale

#1007 45 POND MILLS Road, London, Ontario, N5Z4W5

1 bed1 bath1 parking735 ft²$495/mo condo feeListed 80 days ago

Overview

This 1-bedroom, 1-bathroom condo in London is for sale offering roughly 735 sq ft of space. Listed at $234,900, it is attractively priced about 35% below the $359,000 median asking price in London.

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Description

Well-Maintained 1-Bedroom Condo with Stunning Thames River Views! Welcome to this well-maintained 1-bedroom condo located on the 10th floor, offering beautiful views overlooking the Thames River. This spacious unit features a generously sized bedroom, in-suite laundry, and a bright open-concept layout. Building amenities include a community room, exercise facility, and ample visitor parking. One underground parking space is included with the unit (#18). Enjoy a convenient location just minutes from the scenic Thames River, Kiwanis Park trails, and Pond Mills Conservation Area. Public transit is just steps away, with easy access to grocery stores, pharmacies, restaurants, and major shopping plazas. A great opportunity for first-time buyers, down sizers, or investors! (id:66096)

Property Details

MLS®: 40855767
Property Type: Single Family
Zoning: R9-7
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 735 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Baseboard heaters
Cooling: Window air conditioner
Garage: Underground, None
Condo Fee: $495/mo
Ownership: Condo/Strata
Property Tax: $1,502.59/yr
Listed

Rooms

Main level

Laundry room: 6'4'' x 7'1''
4pc Bathroom
Primary Bedroom: 9'8'' x 14'0''
Dining room: 7'2'' x 8'7''
Kitchen: 8'0'' x 8'0''
Living room: 14'2'' x 17'7''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior: Metal
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

80d

London listings, avg age

63d

Price / ft²

$320

List price

$235K

Haho

This 1-bed single family in London is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Keller Williams Edge Realty · Anita Mann

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Z)

This home lists at $234,900, about 3.6× the local median household income of $64,500.

Carrying it typically needs a household income of about $45,884 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $64,500
Population: 24,067
Median age: 40
Owner / renter: 62% / 38%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N5Z)

$234,900· $320/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,745

Min 5%50%

Mortgage payment$1,237/mo

↳ CMHC premium ($8,926 capitalized)

Property tax (est.)$125/mo

Condo fee$495/mo

Total monthly$1,857

Cash Needed to Close

Down payment (5%)$11,745

Land transfer tax$2,074

Est. closing costs$3,205

Total cash needed$17,024

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