162 Wortley Road Unit 305, London South

Price: $799,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13437210

Penthouse Living in the Heart of Wortley VillageExperience refined penthouse living in one of London's most sought-after neighbourhoods. Ideally situated in the centre of Wortley Village, this exceptional 2-bedroom, 2-bathroom residence offers a truly walkable lifestyle, just steps to boutique shopping, acclaimed dining, downtown London, parks, the Thames River, bike paths, and everyday amenities. Privately positioned at the end of the hallway, with no unit doors directly opposite, this light-filled penthouse offers outstanding quiet, privacy, and exclusivity. Located within a secure boutique building, the residence features high and tray ceilings, rich hardwood flooring, abundant windows, Juliette balconies, and expansive east-facing terrace overlooking a quiet residential street and surrounding neighbourhood. The thoughtfully designed interior showcases a chef-inspired kitchen with built-in appliances, custom millwork, and generous workspace flowing into the principal living and dining areas. A spacious primary suite features a large walk-in closet, a 4-piece ensuite and Juliette balcony. The second bedroom is conveniently located across from the main bathroom, where a custom storage room provides exceptional storage and includes a rough-in for a future shower or tub. Recent updates include a new washer and dryer (2025), updated lighting and dimmer switches, a new thermostat, updated plumbing fixtures, and major a/c improvements. Additional highlights include in-suite laundry, abundant storage, and two premium side-by-side underground parking spaces located near the elevator. Condo fees include heat, water, water heater, landscaping, snow removal, common element insurance, and professional management. Residents enjoy secured entry, accessibility features, ongoing preventative maintenance, and a well-managed, quiet pet friendly building. An exceptional penthouse in one of London's most vibrant and desirable communities. 1091SF interior + 226SF terrace.

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active
New Listing
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$799,900 - 162 Wortley Road Unit 305, London South

Condo for Sale in London South

New — Listed 7 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13437210
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
London South
Locker
None
Exposure
North East
Balcony
Terrace
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Description

Penthouse Living in the Heart of Wortley VillageExperience refined penthouse living in one of London's most sought-after neighbourhoods. Ideally situated in the centre of Wortley Village, this exceptional 2-bedroom, 2-bathroom residence offers a truly walkable lifestyle, just steps to boutique shopping, acclaimed dining, downtown London, parks, the Thames River, bike paths, and everyday amenities. Privately positioned at the end of the hallway, with no unit doors directly opposite, this light-filled penthouse offers outstanding quiet, privacy, and exclusivity. Located within a secure boutique building, the residence features high and tray ceilings, rich hardwood flooring, abundant windows, Juliette balconies, and expansive east-facing terrace overlooking a quiet residential street and surrounding neighbourhood. The thoughtfully designed interior showcases a chef-inspired kitchen with built-in appliances, custom millwork, and generous workspace flowing into the principal living and dining areas. A spacious primary suite features a large walk-in closet, a 4-piece ensuite and Juliette balcony. The second bedroom is conveniently located across from the main bathroom, where a custom storage room provides exceptional storage and includes a rough-in for a future shower or tub. Recent updates include a new washer and dryer (2025), updated lighting and dimmer switches, a new thermostat, updated plumbing fixtures, and major a/c improvements. Additional highlights include in-suite laundry, abundant storage, and two premium side-by-side underground parking spaces located near the elevator. Condo fees include heat, water, water heater, landscaping, snow removal, common element insurance, and professional management. Residents enjoy secured entry, accessibility features, ongoing preventative maintenance, and a well-managed, quiet pet friendly building. An exceptional penthouse in one of London's most vibrant and desirable communities. 1091SF interior + 226SF terrace.

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Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

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5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

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

162 Wortley Road Unit 305, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$976

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 $800/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.

Investment Perspective

Looking at this as an investment: London South properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    162 Wortley Road Unit 305, London South | $799,900 | Battaglia Team