$249,900

$259,900For salePrice drop↓ $10,000 (4%)

#1515 45 Pond Mills Road, London South (South J) - Single Family for Sale

#1515 45 Pond Mills Road, London South (South J), Ontario, N5Z4W5

1 bed1 bath1 parking750 ft²$495/mo condo feeListed 18 days ago

Overview

This 1-bedroom, 1-bathroom condo in London South is for sale offering roughly 750 sq ft of space. It has been on the market 18 days, fresher than the London South average of 59 days.

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Description

Welcome to unit 1515 at Rivers Edge, a thoughtfully updated one-bedroom condo with a warm, comfortable feel. The kitchen has been redesigned with both function and style in mind, and the unit features brand new neutral LVP flooring, newer windows (2023) fresh paint, soft bedroom carpeting, and updated bathroom fixtures. Located on the 15th floor, the west-facing windows provide open views of the city and plenty of natural light.There is in-suite laundry, generous storage, and a layout that makes great use of the space. The building is quiet and well-cared for. Lucky residents have access to amenities like a gym, sauna, party room, and outdoor BBQ area with a gazebo plus lots of parking. Steps away, you'll find trails, the Thames River, public transit, shopping, and even a nearby disc golf course.This is a smoke-free building with a calm atmosphere and convenient location, a nice option for anyone looking for low-maintenance living without giving up comfort or connection to nature. (Furnished photos are virtually staged) (id:66096)

Property Details

MLS®: X14093300
Property Type: Single Family
Zoning: R9-7
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage, Shared
Condo Fee: $495/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,590/yr
Listed: 18 days ago

Rooms

Main level

Living room: 4.27 x 5.24 meters
Dining room: 2.39 x 2.63 meters
Kitchen: 2.39 x 2.28 meters
Bedroom: 3.45 x 2.47 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
Exterior: Concrete
Lot Features: Elevator, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

London South (South J) listings, avg age

59d

Price / ft²

$333

List price

$250K

Haho

This 1-bed single family in London South (South J) has been listed for 18 days, which is 41 days fresher than the city average of 59. Act while there is still low competition.

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Listed by The Realty Firm Inc. · Tiffany Fewster-Salt

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Z)

This home lists at $249,900, about 3.9× the local median household income of $64,500.

Carrying it typically needs a household income of about $48,814 (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)

$249,900· $333/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,495

Min 5%50%

Mortgage payment$1,316/mo

↳ CMHC premium ($9,496 capitalized)

Property tax (est.)$133/mo

Condo fee$495/mo

Total monthly$1,943

Cash Needed to Close

Down payment (5%)$12,495

Land transfer tax$2,224

Est. closing costs$3,250

Total cash needed$17,969

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