$299,000

For sale

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#16 320 Westminister Avenue, London South (South H) - Single Family for Sale

#16 320 Westminister Avenue, London South (South H), Ontario, N6C5H5

3 beds2 baths1 parking ft²

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2 bd1 ba1 pk950 ft²+$497/mo

Listed by RE/MAX ESCARPMENT REALTY INC.

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

For sale

14 days ago

$288K

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

1 bd1 ba1 pk850 ft²+$388/mo

Listed by THE REALTY FIRM INC.

#506 858 Commissioners Road East, London South (South H), Ontario, N6C5Y5

For sale

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$250K

#506 858 Commissioners Road East, London South (South H), Ontario, N6C5Y5

1 bd1 ba1 pk850 ft²+$386/mo

Listed by RE/MAX CENTRE CITY REALTY INC.

#1207 858 Commissioners Road East, London South (South H), Ontario, N6C5Y5

For sale

42 days ago

$280K

#1207 858 Commissioners Road East, London South (South H), Ontario, N6C5Y5

2 bd1 ba1 pk950 ft²+$497/mo

Listed by EXP REALTY

Investment analysis

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$299,000

London South

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Description

An excellent opportunity for first-time home buyers! This 3-bedroom, 2-bathroom condo townhouse offers plenty of potential for buyers looking to enter the market and make a home their own. The finished walkout basement, raised deck and fenced yard provides extra space both inside and out, provides additional living space. With some updating and a little TLC, this property is a great opportunity to personalize your space and create a home that suits your style. (id:66096)

Property Details

MLS®: X14084610
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Condo Fee: $390/mo
Fee Includes: Water, Parking
Ownership: Condo/Strata
Property Tax: $2,129/yr
Listed: 20 days ago

Area context

Neighbourhood profile (N6C)

This home lists at $299,000, about 4.0× the local median household income of $75,500.

Carrying it typically needs a household income of about $58,405 (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)

$299,000· $272/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,950

Min 5%50%

Mortgage payment$1,575/mo

↳ CMHC premium ($11,362 capitalized)

Property tax (est.)$177/mo

Condo fee$390/mo

Total monthly$2,142

Cash Needed to Close

Down payment (5%)$14,950

Land transfer tax$2,960

Est. closing costs$3,397

Total cash needed$21,307

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#16 320 Westminister Avenue, London South (South H) - Single Family for Sale

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Neighbourhood profile (N6C)

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