$299,900

For saleJust listed

#307-309 1255 Commissioners Road West, London South (South B) - Single Family for Sale

#307-309 1255 Commissioners Road West, London South (South B), Ontario, N6K3N5

3 beds3 baths2 parking1,500 ft²$961/mo condo feeListed Yesterday

Overview

This 3-bedroom, 3-bathroom condo in London South is for sale offering roughly 1,500 sq ft of space. It has been on the market 1 day, fresher than the London South average of 72 days.

Condos for Sale in London South →All real estate in London South →

Description

Wow! There are two terrific options here folks! This unique + very spacious 3 bedroom "Park Place" condo is a must see! Converted from 2 units to 1 fabulous 1480 square foot space that you will not find anywhere else in the building. Features a contemporary + chic decor with an open living, kitchen + dining area, two full size balconies backing onto beautiful Springbank Park. A living room balcony + master bedroom balcony. The 2nd option is to convert from one to two units and reap the benefits of owning two separate units or selling one and living in the other! This is a real gem folks and opportunities like this don't come along often. The owner of over 20 years has made the possession date flexible and wants it sold! (id:66096)

Property Details

MLS®: X14143348
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,500 ft²
Basement: None
Heating: Baseboard heaters, Natural gas
Cooling: Wall unit
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $961/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,001/yr

Rooms

Main level

Kitchen: 2.59 x 3.68 meters
Dining room: 5.18 x 2.59 meters
Living room: 8.9 x 3.58 meters
Foyer: 2.01 x 3.38 meters
Primary Bedroom: 3.81 x 6.38 meters
Bedroom 2: 3.4 x 4.17 meters
Bedroom 3: 2.97 x 4.17 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
Exterior: Concrete, Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

London South (South B) listings, avg age

72d

Price / ft²

$200

List price

$300K

Haho

This 3-bed single family in London South (South B) has been listed for 1 day, which is 71 days fresher than the city average of 72. Act while there is still low competition.

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Listed by SUTTON GROUP PREFERRED REALTY INC. · HARRY LAMB

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6K)

This home lists at $299,900, about 3.0× the local median household income of $100,000.

Carrying it typically needs a household income of about $58,581 (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)

$299,900· $200/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,995

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,396 capitalized)

Property tax (est.)$250/mo

Condo fee$961/mo

Total monthly$2,790

Cash Needed to Close

Down payment (5%)$14,995

Land transfer tax$2,974

Est. closing costs$3,400

Total cash needed$21,369

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