$287,500

For sale

#1206 858 Commissioners Road East, London South (South H) - Single Family for Sale

#1206 858 Commissioners Road East, London South (South H), Ontario, N6C5Y5

1 bed1 bath1 parking850 ft²$388/mo condo feeListed 15 days ago

Overview

This 1-bedroom, 1-bathroom condo in London South is for sale offering roughly 850 sq ft of space. Its $287,500 asking price sits right in line with the $279,999 median in London South. It has been on the market 15 days, fresher than the London South average of 33 days.

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Description

Well maintained and upgraded 12th floor (top penthouse level) one bedroom condo with spectacular westerly view - 3 minute walk to Victoria Hospital Campus. Renovated kitchen (new quartz counters and lighting) with an open concept living/dining room that leads onto a spacious balcony. Bathroom fixtures and cabinets have been updated. LED pot lights throughout. Newer flooring-carpet free! Unit features ensuite laundry with new washer and dryer. Well managed building with security controlled access. Loads of owner amenities including outdoor pool, gym, sauna and tennis/pickleball courts. Excellent proximity to numerous services, amenities and public transit. (id:66096)

Property Details

MLS®: X14103202
Property Type: Single Family
Zoning: R9-7
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Covered, No Garage
Pool: Yes
Condo Fee: $388/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $1,777/yr

Rooms

Main level

Kitchen: 3.17 x 2.54 meters
Living room: 7.16 x 3.65 meters
Primary Bedroom: 4.6 x 3.12 meters
Utility room: 2.03 x 1.6 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, Window Coverings
Foundation: Concrete
Exterior: Concrete
Lot Features: Conservation/green belt, Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

London South (South H) listings, avg age

33d

Price / ft²

$338

List price

$288K

Haho

This 1-bed single family in London South (South H) has been listed for 15 days, which is 18 days fresher than the city average of 33. Act while there is still low competition.

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Listed by THE REALTY FIRM INC. · JEFF GARRAH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6C)

This home lists at $287,500, about 3.8× the local median household income of $75,500.

Carrying it typically needs a household income of about $56,159 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $75,500
Population: 30,629
Median age: 41.6
Owner / renter: 57% / 44%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N6C)

$287,500· $338/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,375

Min 5%50%

Mortgage payment$1,514/mo

↳ CMHC premium ($10,925 capitalized)

Property tax (est.)$148/mo

Condo fee$388/mo

Total monthly$2,050

Cash Needed to Close

Down payment (5%)$14,375

Land transfer tax$2,788

Est. closing costs$3,363

Total cash needed$20,526

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