166 Southdale Road Unit 140, London South

Price: $339,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13224938

Welcome to Unit 140 at 166 Southdale Road! This beautifully maintained 3-bedroom condo offers stylish updates, functional living space, and a convenient location close to every amenity. The main floor features a bright, inviting living room with a door leading to a private deck-perfect for a bistro set, potted plants, and an herb garden. A gate provides direct access to the common green space, creating an ideal setting for relaxing or enjoying the outdoors. The newly renovated kitchen showcases on-trend cabinetry, newer appliances, and durable vinyl plank flooring that continues throughout the main level. An updated 2-piece powder room and a generous entryway with double closet and built-in shelving add everyday convenience. The finished lower level offers a spacious rec room, separate laundry area, and exceptional storage, including space under the stairs, additional storage at the top of the landing, and a large double closet for seasonal items, coats, and more. Upstairs, you'll find three spacious bedrooms, a linen closet, and a beautifully remodeled 4-piece bathroom designed with modern finishes and functionality in mind. This well-managed condominium community has recently installed a new roof and features attractive landscaping throughout. Tucked away in a quiet location at the end of a dead-end street, residents enjoy a peaceful setting while remaining close to shopping, schools, recreation facilities, public transit, and other everyday amenities .A fantastic opportunity for first-time buyers, families, downsizers, or investors seeking a move-in-ready home in a convenient south London location.

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$339,900 - 166 Southdale Road Unit 140, London South

Condo for Sale in London South

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13224938
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
London South
Locker
None
Exposure
North West
Balcony
None
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

Welcome to Unit 140 at 166 Southdale Road! This beautifully maintained 3-bedroom condo offers stylish updates, functional living space, and a convenient location close to every amenity. The main floor features a bright, inviting living room with a door leading to a private deck-perfect for a bistro set, potted plants, and an herb garden. A gate provides direct access to the common green space, creating an ideal setting for relaxing or enjoying the outdoors. The newly renovated kitchen showcases on-trend cabinetry, newer appliances, and durable vinyl plank flooring that continues throughout the main level. An updated 2-piece powder room and a generous entryway with double closet and built-in shelving add everyday convenience. The finished lower level offers a spacious rec room, separate laundry area, and exceptional storage, including space under the stairs, additional storage at the top of the landing, and a large double closet for seasonal items, coats, and more. Upstairs, you'll find three spacious bedrooms, a linen closet, and a beautifully remodeled 4-piece bathroom designed with modern finishes and functionality in mind. This well-managed condominium community has recently installed a new roof and features attractive landscaping throughout. Tucked away in a quiet location at the end of a dead-end street, residents enjoy a peaceful setting while remaining close to shopping, schools, recreation facilities, public transit, and other everyday amenities .A fantastic opportunity for first-time buyers, families, downsizers, or investors seeking a move-in-ready home in a convenient south London location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,743.86/mo

Includes CMHC insurance ($9,483)

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5-yr fixed avg.

Principal: $305,910Interest: $207,766
Mortgage Amount$315,393
Total Interest$207,766
Est. Property Tax$241/mo
Total Cost$523,159

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 140, 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)
6.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$241
Insurance (est.)-$71
Net Cash Flow+$1,798

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 $340/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 18 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.

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 140, London South | $339,900 | Battaglia Team