127 Belmont Drive Unit 801, London South

Price: $339,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X13007162

Enjoy the ease of condo living in this spotless, spacious, and light filled 2 bedroom and 2 full bath unit, located on the 8th floor! Located in the desirable and well-maintained Atrium building in West London, this move-in-ready apartment offers a bright, open-concept layout with neutral décor and no carpeting all throughout. Upon entry you will find yourself in your large and open foyer which leads into the main living space, this is where you will be greeted by beautiful floor to ceiling windows filling the living and dining areas with natural light all the while showcasing beautiful east facing views. The spacious kitchen features tile flooring, a breakfast bar, great sightlines, and comes fully equipped with a fridge, stove, dishwasher, and over-the-range microwave. Both bedrooms are generously sized, including a primary suite with a walk-in closet and private 3-piece ensuite. A 4-piece main bathroom and convenient in-suite laundry with stackable washer and dryer complete the interior. This unit includes one covered parking space, along with ample visitor parking. Ideally situated on bus routes and close to parks, schools, shopping, and restaurants, with easy access to both north and south London via Wharncliffe Road. An excellent opportunity for downsizers, first-time home buyers, or anyone seeking the convenience of a lock and leave living. Showings by appointment.

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$339,900 - 127 Belmont Drive Unit 801, London South

Condo for Sale in London South

64 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
X13007162
Property Type
Condo
Status
active
Days on Site
64
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
London South
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Enjoy the ease of condo living in this spotless, spacious, and light filled 2 bedroom and 2 full bath unit, located on the 8th floor! Located in the desirable and well-maintained Atrium building in West London, this move-in-ready apartment offers a bright, open-concept layout with neutral décor and no carpeting all throughout. Upon entry you will find yourself in your large and open foyer which leads into the main living space, this is where you will be greeted by beautiful floor to ceiling windows filling the living and dining areas with natural light all the while showcasing beautiful east facing views. The spacious kitchen features tile flooring, a breakfast bar, great sightlines, and comes fully equipped with a fridge, stove, dishwasher, and over-the-range microwave. Both bedrooms are generously sized, including a primary suite with a walk-in closet and private 3-piece ensuite. A 4-piece main bathroom and convenient in-suite laundry with stackable washer and dryer complete the interior. This unit includes one covered parking space, along with ample visitor parking. Ideally situated on bus routes and close to parks, schools, shopping, and restaurants, with easy access to both north and south London via Wharncliffe Road. An excellent opportunity for downsizers, first-time home buyers, or anyone seeking the convenience of a lock and leave living. Showings by appointment.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,743.86/mo

Includes CMHC insurance ($9,483)

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5-yr fixed avg.

Principal: $305,910Interest: $207,766
Mortgage Amount$315,393
Total Interest$207,766
Est. Property Tax$241/mo
Total Cost$523,159

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

127 Belmont Drive Unit 801, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$241
Insurance (est.)-$71
Net Cash Flow+$1,383

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 $378/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.

Negotiation Opportunity

At 64 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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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    127 Belmont Drive Unit 801, London South | $339,900 | Battaglia Team