166 Southdale Road Unit 10, London South

Price: $337,500

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X12708696

Whether you are a first-time home buyer looking to enter the market, a downsizer seeking a low-maintenance lifestyle, or an investor looking for a turnkey property, this condo townhouse is the perfect fit. This home has been freshly updated and is ready for you to simply unpack and relax. Step inside to find a bright, modern feel with brand-new flooring installed throughout the main level and fresh, neutral paint across the main and upper floors. You will find brand-new carpeting on the stairs and second-floor landing, while all-new LED ceiling lights throughout the home ensure a bright and energy-efficient living space. Beyond the front door, you are in a fantastic location close to everything you need. You are just minutes away from schools, grocery stores, restaurants, and malls, with plenty of parks nearby for outdoor enjoyment. Vacant and available immediately, this unit offers excellent value in a convenient London neighborhood. A short closing is preferred, and dates are very flexible. Don't miss this opportunity to own a home that feels fresh and inviting! **Some photos have been virtually staged** (Living room, Dining Room, Recreation Room, Primary Bedroom)

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$337,500 - 166 Southdale Road Unit 10, London South

Condo for Sale in London South

109 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X12708696
Property Type
Condo
Status
active
Days on Site
109
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
London South
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
OAK AND KEY REAL ESTATE BROKERAGE, INC.
Description

Whether you are a first-time home buyer looking to enter the market, a downsizer seeking a low-maintenance lifestyle, or an investor looking for a turnkey property, this condo townhouse is the perfect fit. This home has been freshly updated and is ready for you to simply unpack and relax. Step inside to find a bright, modern feel with brand-new flooring installed throughout the main level and fresh, neutral paint across the main and upper floors. You will find brand-new carpeting on the stairs and second-floor landing, while all-new LED ceiling lights throughout the home ensure a bright and energy-efficient living space. Beyond the front door, you are in a fantastic location close to everything you need. You are just minutes away from schools, grocery stores, restaurants, and malls, with plenty of parks nearby for outdoor enjoyment. Vacant and available immediately, this unit offers excellent value in a convenient London neighborhood. A short closing is preferred, and dates are very flexible. Don't miss this opportunity to own a home that feels fresh and inviting! **Some photos have been virtually staged** (Living room, Dining Room, Recreation Room, Primary Bedroom)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,731.55/mo

Includes CMHC insurance ($9,416)

$
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5-yr fixed avg.

Principal: $303,750Interest: $206,299
Mortgage Amount$313,166
Total Interest$206,299
Est. Property Tax$239/mo
Total Cost$519,465

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

166 Southdale Road Unit 10, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
6.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$239
Insurance (est.)-$70
Net Cash Flow+$1,801

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 $338/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 109 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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    166 Southdale Road Unit 10, London South | $337,500 | Battaglia Team