$265,000

For sale

#302 931 Wonderland Road South, London South (South M) - Single Family for Sale

#302 931 Wonderland Road South, London South (South M), Ontario, N6K2X6

2 beds2 baths1 parking850 ft²$616/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 2-bathroom condo in London South is for sale offering roughly 850 sq ft of space. It has been on the market 21 days, fresher than the London South average of 49 days.

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Description

Affordable, all-inclusive living in desirable Westmount. This 2 bedroom, 1.5 bath condo offers a bright, functional layout with a spacious living room that walks out to an open balcony, a separate dining area and a kitchen with dishwasher and walk in pantry. The primary bedroom features a walk-in closet with its own washer and a 2 piece ensuite, plus a full 4 piece main bath and a generous second bedroom. Condo fees of $616/month cover heat, hydro, water and one assigned parking space, making budgeting simple. Residents enjoy an outdoor pool, tennis court, playground, and park-like grounds, with visitor parking for guests. Minutes from Westmount Shopping Centre, grocery stores, the Bostwick YMCA, LTC transit and quick access to Highways 401 and 402. A great fit for first-time buyers, downsizers or investors. (id:66096)

Property Details

MLS®: X14034594
Property Type: Single Family
Zoning: R9-7
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Baseboard heaters, Natural gas
Cooling: Window air conditioner
Garage: Covered, No Garage
Pool: Yes
Condo Fee: $616/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata

Rooms

Main level

Living room: 5.51 x 3.53 meters
Dining room: 2.36 x 2.36 meters
Kitchen: 4.06 x 2.28 meters
Bedroom: 3.88 x 2.76 meters
Primary Bedroom: 3.75 x 3.42 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
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Elevator, Balcony, In suite Laundry, Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

London South (South M) listings, avg age

49d

Price / ft²

$312

List price

$265K

Haho

This 2-bed single family in London South (South M) has been listed for 21 days, which is 28 days fresher than the city average of 49. Act while there is still low competition.

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Listed by OAK AND KEY REAL ESTATE BROKERAGE, INC. · COLIN ABBOT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6K)

This home lists at $265,000, about 2.6× the local median household income of $100,000.

Carrying it typically needs a household income of about $51,764 (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)

$265,000· $312/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,250

Min 5%50%

Mortgage payment$1,396/mo

↳ CMHC premium ($10,070 capitalized)

Property tax (est.)$157/mo

Condo fee$616/mo

Total monthly$2,168

Cash Needed to Close

Down payment (5%)$13,250

Land transfer tax$2,450

Est. closing costs$3,295

Total cash needed$18,995

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