$299,000

For sale

#55 135 Belmont Drive, London South (South O) - Single Family for Sale

#55 135 Belmont Drive, London South (South O), Ontario, N6J4J3

3 beds2 baths1 parking1,300 ft²$330/mo condo feeListed 15 days ago

Overview

This 3-bedroom, 2-bathroom condo in London South is for sale offering roughly 1,300 sq ft of space. Listed at $299,000, it is attractively priced about 15% below the $349,900 median asking price in London South. It has been on the market 15 days, fresher than the London South average of 35 days.

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Description

Welcome to this fantastic 3-bedroom, 2-bathroom condo townhouse in desirable South London! Ideal for first-time buyers, young families, or savvy investors, this home delivers an unbeatable combination of space, comfort, and exceptional value. A bright, open main floor features a welcoming layout designed for easy daily living and effortless entertaining. Enjoy ample counter space and cabinet storage, featuring an existing stove and dishwasher ready for your everyday culinary needs. The upper level boasts three comfortable bedrooms with plenty of natural light and closet space, offering a peaceful retreat for everyone in the home. Whether you're looking to stop renting and step onto the property ladder or add a reliable property to your portfolio, this South London townhome offers affordable living at its best. (id:66096)

Property Details

MLS®: X14097502
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Storeys: 2
Basement: Partially finished, Partial
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Condo Fee: $330/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $1,796.2/yr

Rooms

Main level

Kitchen: 3.28 x 3.51 meters
Dining room: 3.25 x 2 meters
Living room: 4.85 x 3.3 meters

Second level

Primary Bedroom: 3.91 x 4.27 meters
Bedroom 2: 4.06 x 3.15 meters
Bedroom 3: 3 x 2.69 meters

Lower level

Recreational, Games room: 5.92 x 3.35 meters
Utility room: 5.92 x 5 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Dishwasher, Stove
Exterior: Brick, Aluminum siding
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

London South (South O) listings, avg age

35d

Price / ft²

$230

List price

$299K

Haho

This 3-bed single family in London South (South O) has been listed for 15 days, which is 20 days fresher than the city average of 35. Act while there is still low competition.

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Listed by PRIME REAL ESTATE BROKERAGE · JULIE VARLEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6J)

This home lists at $299,000, about 4.6× the local median household income of $65,000.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $65,000
Population: 27,497
Median age: 43.6
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N6J)

$299,000· $230/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,950

Min 5%50%

Mortgage payment$1,575/mo

↳ CMHC premium ($11,362 capitalized)

Property tax (est.)$150/mo

Condo fee$330/mo

Total monthly$2,055

Cash Needed to Close

Down payment (5%)$14,950

Land transfer tax$2,960

Est. closing costs$3,397

Total cash needed$21,307

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