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$249,900
London South
#306 1588 Ernest Avenue, London South (South X), Ontario, N6E2S7
This 2-bedroom, 1-bathroom condo in London South is for sale offering roughly 750 sq ft of space. Its $249,900 asking price sits right in line with the $259,900 median in London South. It has been on the market 38 days, fresher than the London South average of 51 days.
An affordable opportunity in the heart of White Oaks, this well-kept 2-bedroom condo is a great option for first-time buyers, or investors looking for a rental property in a convenient London location. The unit offers a bright, functional layout with an open-concept living and dining area and access to a large private balcony. Recent improvements include fresh paint throughout, updated trim, and new carpeting in both bedrooms. The kitchen has also been refreshed with new countertops, sink, faucet, and plumbing, while the bathroom features an updated vanity, toilet, and flooring. Condo fees are an affordable $481.44 per month and include heat and water, helping to keep monthly expenses predictable. The building has benefited from a number of improvements over the years, including newer windows and roof, balcony painting, and updates to the parking lot and common hallways. The location makes everyday living easy, with schools, grocery stores, restaurants, White Oaks Mall, White Oaks Community Centre, public transit, and other amenities all nearby. Whether you're looking for an affordable place to call your own or an addition to your investment portfolio, this move-in-ready condo offers plenty of potential in an established neighbourhood. The window air-conditioning unit is included in "as-is" condition. The dishwasher is also included in "as-is" condition, as the current owner has not used it. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 38 days on market, against an average age of 51 days across the listings currently for sale in this city
This 2-bed single family in London South (South X) has been listed for 38 days, which is 13 days fresher than the city average of 51. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $249,900, about 3.3× the local median household income of $75,000.
Carrying it typically needs a household income of about $48,814 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N6E)
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Loading rates, 30-yr amortization
Cash Needed to Close
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