$399,900

For sale

#104 1180 Commissioners Road West, London South (South B) - Single Family for Sale

#104 1180 Commissioners Road West, London South (South B), Ontario, N6K4J2

1 bed1 bath1 parking1,100 ft²$492/mo condo feeListed 49 days ago

Overview

This 1-bedroom, 1-bathroom condo in London South is for sale offering roughly 1,100 sq ft of space. Listed at $399,900, it is attractively priced about 25% below the $534,900 median asking price in London South. It has been on the market 49 days, fresher than the London South average of 72 days.

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Description

Welcome to this exceptional one-bedroom apartment in desirable Byron area, ideally situated directly across from the scenic Springbank Park. Perfect for investors, professionals, or those looking to downsize, this updated unit offers a bright and functional open-concept layout with spacious living and dining areas. The modern kitchen features granite countertops, ample cabinetry, and excellent storage. Enjoy the convenience of in-suite laundry and the added comfort of underground parking. Residents also have access to fantastic building amenities, including an indoor saltwater pool and sauna. Located close to shopping, schools, public transit, and a wide range of amenities, this home combines comfort, convenience, and an outstanding park-side setting. A great opportunity to enjoy a low-maintenance lifestyle in one of London's desirable locations. (id:66096)

Property Details

MLS®: X13796586
Property Type: Single Family
Zoning: R9-5
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric, Other, Other
Garage: Garage
Condo Fee: $492/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,816/yr
Listed: 49 days ago

Rooms

Main level

Kitchen: 6.66 x 2.65 meters
Dining room: 3.08 x 5.26 meters
Living room: 3.58 x 6.89 meters
Primary Bedroom: 3.5 x 4.31 meters
Bathroom: 1.56 x 2.56 meters

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, Hood Fan
Foundation: Poured Concrete
Exterior: Concrete
Lot Features: Balcony, Dry, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

London South (South B) listings, avg age

72d

Price / ft²

$364

List price

$400K

Haho

This 1-bed single family in London South (South B) has been listed for 49 days, which is 23 days fresher than the city average of 72. Act while there is still low competition.

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Listed by INITIA REAL ESTATE (ONTARIO) LTD · LAWANGEEN KHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6K)

This home lists at $399,900, about 4.0× the local median household income of $100,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $100,000
Population: 37,596
Median age: 44.4
Owner / renter: 70% / 30%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N6K)

$399,900· $364/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$235/mo

Condo fee$492/mo

Total monthly$2,833

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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