$450,000

For sale

2140 Meadowgate Boulevard, London South (South U) - Single Family for Sale

2140 Meadowgate Boulevard, London South (South U), Ontario, N6M0H5

4 beds4 baths2 parking1,300 ft²$287/mo condo feeListed 27 days ago

Overview

This 4-bedroom, 4-bathroom condo in London South is for sale offering roughly 1,300 sq ft of space. Its $450,000 asking price sits right in line with the $459,900 median in London South. It has been on the market 27 days, fresher than the London South average of 80 days.

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Description

Welcome to this beautifully maintained 4-bedroom townhome in the sought out neighbourhood of Summerside, offering three levels of functional and stylish living space. Ideally located just minutes from Highway 401, this home provides convenience for commuters while being close to shopping, bus routes, hospitals, and White Oaks Mall.Step inside to a spacious foyer leading to a versatile main-floor bedroom with an ensuite and direct access to a large deck - perfect as a guest suite, home office, rec room, or kids' play area.The second floor is the heart of the home, featuring a bright and open kitchen with a breakfast bar, a dining area, and a spacious living room with access to a private balcony.Upstairs, you'll find three additional bedrooms, including the primary suite with a 3-piece ensuite, as well as a convenient laundry closet.This move-in-ready townhome is an excellent opportunity for first-time buyers or investors looking for a low-maintenance property with affordable condo fees. Don't miss out on this fantastic home! Some photos may be virtually staged. (id:66096)

Property Details

MLS®: X13878890
Property Type: Single Family
Zoning: R5-5
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $287/mo
Fee Includes: Parking
Ownership: Condo/Strata
Property Tax

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater
Foundation: Slab
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

London South (South U) listings, avg age

80d

Price / ft²

$346

List price

$450K

Haho

This 4-bed single family in London South (South U) has been listed for 27 days, which is 53 days fresher than the city average of 80. Act while there is still low competition.

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Listed by THE REALTY FIRM INC. · GINA CHIOROS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6M)

This home lists at $450,000, about 4.1× the local median household income of $109,000.

Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $109,000
Population: 8,542
Median age: 35.2
Owner / renter: 86% / 14%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA N6M)

$450,000· $346/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,500

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,100 capitalized)

Property tax (est.)$298/mo

Condo fee$287/mo

Total monthly$2,955

Cash Needed to Close

Down payment (5%)$22,500

Land transfer tax$5,475

Est. closing costs$3,850

Total cash needed$31,825

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