1199 Reardon Boulevard Unit 17, London South

Price: $454,900

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X13160064

End-unit townhome featuring 3 bedrooms and 2 bathrooms in a convenient location close to schools, shopping, public transit, and quick access to Hwy 401. Well maintained and move-in ready, with the added benefit of extra natural light from the end unit location. Features include a newer A/C (2023), newly replaced patio door, and on-demand water heater and a walk-in closet in the primary bedroom. A great option for first-time buyers, families, or investors.

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$454,900 - 1199 Reardon Boulevard Unit 17, London South

Condo for Sale in London South

3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
X13160064
Property Type
Condo
Status
active
Days on Site
28
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
London South
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
BLUE FOREST REALTY INC.
Description

End-unit townhome featuring 3 bedrooms and 2 bathrooms in a convenient location close to schools, shopping, public transit, and quick access to Hwy 401. Well maintained and move-in ready, with the added benefit of extra natural light from the end unit location. Features include a newer A/C (2023), newly replaced patio door, and on-demand water heater and a walk-in closet in the primary bedroom. A great option for first-time buyers, families, or investors.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,333.87/mo

Includes CMHC insurance ($12,692)

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5-yr fixed avg.

Principal: $409,410Interest: $278,060
Mortgage Amount$422,102
Total Interest$278,060
Est. Property Tax$322/mo
Total Cost$700,162

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: London South

Discover London South

London South is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in London South

  • Convenient location in London South
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

London South offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1199 Reardon Boulevard Unit 17, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$322
Insurance (est.)-$95
Net Cash Flow+$1,678

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $505/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1199 Reardon Boulevard Unit 17 | $454,900 | Battaglia Team