127 Belmont Drive Unit 810, London South

Price: $259,900

1 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X13097316

Located on the top floor of the Atrium in the Norton Estates community, Unit 810 offers 943 square feet of functional living space. This eighth-floor property features an open-concept layout with floor-to-ceiling, wall-to-wall windows throughout the unit, providing an abundance of natural light from its east-facing exposure. The interior is finished with ceramic flooring in the foyer, kitchen, bathroom, and atrium, while durable laminate flooring runs throughout the living area and the oversized bedroom. The residence includes a four-piece bathroom finished with a granite countertop and in-suite laundry. The kitchen offers ample storage space and includes a stainless steel stove and refrigerator. The oversized bedroom offers ample storage with its double closets and an additional storage closet, making it an excellent fit for those transitioning from a larger family home. The Atrium is a well-managed building providing essential amenities, including one assigned parking space, visitor parking at the rear, and a shared outdoor BBQ area. Positioned in a prime South London location, the building is close to diverse shopping, dining, and grocery stores. Public transit is easily accessible, making this an ideal choice for first-time buyers or down-sizers looking for a low-maintenance lifestyle in an established, quiet neighbourhood.

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$259,900 - 127 Belmont Drive Unit 810, London South

Condo for Sale in London South

43 days on market
1Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
X13097316
Property Type
Condo
Status
active
Days on Site
43
Bedrooms
1
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
London South
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

Located on the top floor of the Atrium in the Norton Estates community, Unit 810 offers 943 square feet of functional living space. This eighth-floor property features an open-concept layout with floor-to-ceiling, wall-to-wall windows throughout the unit, providing an abundance of natural light from its east-facing exposure. The interior is finished with ceramic flooring in the foyer, kitchen, bathroom, and atrium, while durable laminate flooring runs throughout the living area and the oversized bedroom. The residence includes a four-piece bathroom finished with a granite countertop and in-suite laundry. The kitchen offers ample storage space and includes a stainless steel stove and refrigerator. The oversized bedroom offers ample storage with its double closets and an additional storage closet, making it an excellent fit for those transitioning from a larger family home. The Atrium is a well-managed building providing essential amenities, including one assigned parking space, visitor parking at the rear, and a shared outdoor BBQ area. Positioned in a prime South London location, the building is close to diverse shopping, dining, and grocery stores. Public transit is easily accessible, making this an ideal choice for first-time buyers or down-sizers looking for a low-maintenance lifestyle in an established, quiet neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,333.42/mo

Includes CMHC insurance ($7,251)

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5-yr fixed avg.

Principal: $233,910Interest: $158,865
Mortgage Amount$241,161
Total Interest$158,865
Est. Property Tax$184/mo
Total Cost$400,027

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 810, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,880/mo
Range: $1,598 - $2,162
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$1,880
Maintenance Fees-$585
Property Tax (est.)-$184
Insurance (est.)-$54
Net Cash Flow+$1,057

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 $289/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 43 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.

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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