$329,900

For sale

#81 825 Dundalk Drive, London South (South Q) - Single Family for Sale

#81 825 Dundalk Drive, London South (South Q), Ontario, N6C3V6

2 beds1 bath2 parking750 ft²$274/mo condo feeListed 36 days ago

Overview

This 2-bedroom, 1-bathroom condo in London South is for sale offering roughly 750 sq ft of space. Listed at $329,900, it is attractively priced about 6% below the $349,900 median asking price in London South. It has been on the market 36 days, fresher than the London South average of 60 days.

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Description

Fully Renovated! Affordable! Low Maintenance! Welcome to this move in ready South London gem. A smart and stylish alternative to apartment living and a great option for first time buyers or investors. This unit features two bedrooms and one bathroom, a beautifully renovated kitchen and finished basement rec room space with dedicated laundry and storage space. A split system installed in 2023 provides energy efficient heating and cooling. Owned hot water heater. Located in a well managed condo complex with low monthly fees of just $274 that include water, roof, windows, and more. Conveniently located close to everyday amenities, transit, and Highway 401. (id:66096)

Property Details

MLS®: X13845138
Property Type: Single Family
Zoning: R5-3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 750 ft²
Storeys: 2
Basement: Partially finished, Full
Heating: Heat Pump, Electric
Garage: No Garage
Condo Fee: $274/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $1,475/yr
Listed: 36 days ago

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Window Coverings, Water Heater
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

London South (South Q) listings, avg age

60d

Price / ft²

$440

List price

$330K

Haho

This 2-bed single family in London South (South Q) has been listed for 36 days, which is 24 days fresher than the city average of 60. Act while there is still low competition.

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Listed by ROYAL LEPAGE TRILAND REALTY · KOURTNEY KRASNICKI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6C)

This home lists at $329,900, about 4.4× the local median household income of $75,500.

Carrying it typically needs a household income of about $64,441 (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)

$329,900· $440/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,495

Min 5%50%

Mortgage payment$1,738/mo

↳ CMHC premium ($12,536 capitalized)

Property tax (est.)$123/mo

Condo fee$274/mo

Total monthly$2,134

Cash Needed to Close

Down payment (5%)$16,495

Land transfer tax$3,424

Est. closing costs$3,490

Total cash needed$23,409

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