140 Conway Drive Unit 6, London South

Price: $244,900

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X13242170

Highly desirable ground floor condo, best location in the complex backing onto the quiet green space. Entire unit is nicely updated throughout. Bright and inviting kitchen, spacious living room accented with stylish fireplace. Elegant bathroom with convenient glass shower, In suite laundry, good size storage. Well managed complex. Outdoor In-ground swimming pool. Close to all amenities and 401. Quick possession available.

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$244,900 - 140 Conway Drive Unit 6, London South

Condo for Sale in London South

Popular Listing
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X13242170
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
London South
Locker
None
Exposure
East
Balcony
Terrace
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Highly desirable ground floor condo, best location in the complex backing onto the quiet green space. Entire unit is nicely updated throughout. Bright and inviting kitchen, spacious living room accented with stylish fireplace. Elegant bathroom with convenient glass shower, In suite laundry, good size storage. Well managed complex. Outdoor In-ground swimming pool. Close to all amenities and 401. Quick possession available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,256.46/mo

Includes CMHC insurance ($6,833)

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5-yr fixed avg.

Principal: $220,410Interest: $149,696
Mortgage Amount$227,243
Total Interest$149,696
Est. Property Tax$173/mo
Total Cost$376,939

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

140 Conway Drive Unit 6, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
5.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$173
Insurance (est.)-$51
Net Cash Flow+$1,186

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 $408/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.

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 600 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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    140 Conway Drive Unit 6, London South | $244,900 | Battaglia Team