$249,900

For sale

#506 858 Commissioners Road East, London South (South H) - Single Family for Sale

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

1 bed1 bath1 parking850 ft²$386/mo condo feeListed 15 days ago

Overview

This 1-bedroom, 1-bathroom condo in London South is for sale offering roughly 850 sq ft of space. Listed at $249,900, it is attractively priced about 11% below the $279,999 median asking price in London South. It has been on the market 15 days, fresher than the London South average of 35 days.

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

Description

Discover the potential of this well-located 1-bedroom, 1-bathroom condo, just 700 metres from Victoria Hospital and conveniently situated on a public transit route. A stunning updated bathroom with walk-in shower and quartz countertop. Whether you're a first-time buyer ready to enter the market, a single professional seeking a home close to work, or an investor looking for an opportunity in a high-demand area, this property offers location, convenience, and exciting potential. Customize, and create a space that suits your style or investment goals. A bright living area, full bathroom, and in-suite laundry round out the everyday essentials.Enjoy an impressive selection of building amenities, including a gym, sauna, outdoor pool, tennis court, and visitor parking. With quick highway access and everyday amenities just a 10-minute drive away, this location makes getting around simple and convenient.Whether you're looking to own instead of rent, simplify your lifestyle, or expand your investment portfolio, this condo is full of possibilities. Bring your ideas and unlock the potential! (id:66096)

Property Details

MLS®: X14100978
Property Type: Single Family
Zoning: R9-7
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: No Garage
Condo Fee: $386/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,710/yr
Listed: 15 days ago

Rooms

Main level

Kitchen: 3.15 x 2.56 meters
Dining room: 3.62 x 2.94 meters
Living room: 3.62 x 4.24 meters
Primary Bedroom: 2.9 x 6.01 meters
Laundry room: 2.14 x 1.63 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
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

London South (South H) listings, avg age

35d

Price / ft²

$294

List price

$250K

Haho

This 1-bed single family in London South (South H) has been listed for 15 days, which is 20 days fresher than the city average of 35. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX CENTRE CITY REALTY INC. · IAN SKILLING

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6C)

This home lists at $249,900, about 3.3× the local median household income of $75,500.

Carrying it typically needs a household income of about $48,814 (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)

$249,900· $294/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $12,495

Min 5%50%

Mortgage payment$1,316/mo

↳ CMHC premium ($9,496 capitalized)

Property tax (est.)$143/mo

Condo fee$386/mo

Total monthly$1,845

Cash Needed to Close

Down payment (5%)$12,495

Land transfer tax$2,224

Est. closing costs$3,250

Total cash needed$17,969

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator