1385 Commissioners Road Unit 50, London South

Price: $425,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X13440858

Charming home, nested in beautiful Byron in "Ye Olde Silo" complex. This particular unit is tucked in the back of the property, away from road noise and close to the banks of the Thames River. Offering peace and tranquility while retaining all of the amenities of the city. Upstairs are two spacious bedrooms with a full 4 piece bathroom. The main level offers a full and open front closet, a cozy kitchen, and an open dining and family room that spills onto a private outdoor space with composite deck and paver stones - your very own private oasis. If you need more living space, the lower level offer a recreation room, perfect for an in-home office, a second bathroom and a utility room with laundry and storage space. This is a very well cared for and maintained home.

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New Listing
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$425,000 - 1385 Commissioners Road Unit 50, London South

Condo for Sale in London South

New — Listed 2 days ago
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
X13440858
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
London South
Locker
None
Exposure
South
Balcony
Juliette
Listing Brokerage
BLUE FOREST REALTY INC.
Description

Charming home, nested in beautiful Byron in "Ye Olde Silo" complex. This particular unit is tucked in the back of the property, away from road noise and close to the banks of the Thames River. Offering peace and tranquility while retaining all of the amenities of the city. Upstairs are two spacious bedrooms with a full 4 piece bathroom. The main level offers a full and open front closet, a cozy kitchen, and an open dining and family room that spills onto a private outdoor space with composite deck and paver stones - your very own private oasis. If you need more living space, the lower level offer a recreation room, perfect for an in-home office, a second bathroom and a utility room with laundry and storage space. This is a very well cared for and maintained home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,180.47/mo

Includes CMHC insurance ($11,858)

$
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5%10%50%

5-yr fixed avg.

Principal: $382,500Interest: $259,784
Mortgage Amount$394,358
Total Interest$259,784
Est. Property Tax$301/mo
Total Cost$654,141

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

1385 Commissioners Road Unit 50, 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)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$301
Insurance (est.)-$89
Net Cash Flow+$1,305

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 $472/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.

Just Listed - Act Strategically

This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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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    1385 Commissioners Road Unit 50 | $425,000 | Battaglia Team