$389,900

For sale

#50 1385 Commissioners Road West, London South (South B) - Single Family for Sale

#50 1385 Commissioners Road West, London South (South B), Ontario, N6K1E2

2 beds2 baths1 parking850 ft²$342/mo condo feeListed 18 days ago

Overview

This 2-bedroom, 2-bathroom condo in London South is for sale offering roughly 850 sq ft of space. Listed at $389,900, it is attractively priced about 27% below the $534,900 median asking price in London South. It has been on the market 18 days, fresher than the London South average of 71 days.

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Description

Tucked away at the back of Ye Olde Silo in Byron, this 2-bedroom, 2-bathroom townhouse is a sweet little find in a great west London location. You're close to the trails, within walking distance to Byron's favourite spots, and set back in the complex where things feel a little more private.The layout is comfortable and practical, with two bedrooms, two bathrooms, and a finished basement that gives you that extra space everyone needs - whether it becomes a TV room, office, gym, guest space, or somewhere to stash the kids' toys. Out back, the secret garden courtyard is the real surprise. It's private, charming, and a great spot for coffee, a glass of wine, summer dinners, or just a quiet place to unwind. It's a great fit for first-time buyers, downsizers, investors, or anyone looking for an easy-to-manage home in Byron. Tucked away, close to the trails, and right near everything people love about the neighbourhood - this one is well worth a look. (id:66096)

Property Details

MLS®: X14092794
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 850 ft²
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $342/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,504.31/yr

Rooms

Main level

Living room: 7.04 x 3.56 meters
Kitchen: 3.4 x 1.63 meters

Second level

Primary Bedroom: 3.71 x 3.53 meters
Bedroom 2: 3.71 x 3.35 meters

Basement

Family room: 5.11 x 3.35 meters
Utility room: 3.35 x 3.07 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, Water meter, Stove, Dryer
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Backs on greenbelt, Conservation/green belt, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

London South (South B) listings, avg age

71d

Price / ft²

$459

List price

$390K

Haho

This 2-bed single family in London South (South B) has been listed for 18 days, which is 53 days fresher than the city average of 71. Act while there is still low competition.

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Listed by REAL BROKER ONTARIO LTD · KRISTEN CLOWRY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6K)

This home lists at $389,900, about 3.9× the local median household income of $100,000.

Carrying it typically needs a household income of about $76,161 (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)

$389,900· $459/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,495

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,816 capitalized)

Property tax (est.)$209/mo

Condo fee$342/mo

Total monthly$2,604

Cash Needed to Close

Down payment (5%)$19,495

Land transfer tax$4,324

Est. closing costs$3,670

Total cash needed$27,489

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