1975 FOUNTAIN GRASS Drive Unit 106, London South

Price: $614,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12798632

Welcome to The Westdel Condominiums by Tricar! This boutique style condominium sets a new standard for condominium living in London Ontario. The quality of construction can be felt as soon as you step on-site. The Westdel Condominiums are built with superior concrete construction, and a timeless red brick facade. With designer furnishings, the lobby is warm, and inviting and feels like home. This floorplan design includes 2 bedrooms, 2 full bathrooms and a den in 1220 square feet of luxurious living space plus a 115 sq ft balcony. Unit features include thoughtful lighting, Barzotti cabinetry, quartz countertops, and engineered hardwood flooring throughout. Standing 4 stories tall on the western boundary of London, this boutique style condominium offers a serene living environment close to trails, parks, and green space. Well appointed amenities enhance your living experience and include a spacious social lounge, fully equipped fitness center, comfortable guest suite, theatre room, and 2 pickle ball courts. Experience luxurious, maintenance free living at The Westdel Condominiums. If you are looking for a low maintenance lifestyle in a high end building, in a quiet desirable neighbourhood, with a great community of people - The Westdel Condominiums is where you want to be. 2nd parking available for purchase.

1975 FOUNTAIN GRASS Drive Unit 106 - Condo photo 1 of 30 in London South, Ontario
1975 FOUNTAIN GRASS Drive Unit 106 - Condo photo 2 of 30 in London South, Ontario
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$614,000 - 1975 FOUNTAIN GRASS Drive Unit 106, London South

Condo for Sale in London South

109 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12798632
Property Type
Condo
Status
active
Days on Site
109
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
London South
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Welcome to The Westdel Condominiums by Tricar! This boutique style condominium sets a new standard for condominium living in London Ontario. The quality of construction can be felt as soon as you step on-site. The Westdel Condominiums are built with superior concrete construction, and a timeless red brick facade. With designer furnishings, the lobby is warm, and inviting and feels like home. This floorplan design includes 2 bedrooms, 2 full bathrooms and a den in 1220 square feet of luxurious living space plus a 115 sq ft balcony. Unit features include thoughtful lighting, Barzotti cabinetry, quartz countertops, and engineered hardwood flooring throughout. Standing 4 stories tall on the western boundary of London, this boutique style condominium offers a serene living environment close to trails, parks, and green space. Well appointed amenities enhance your living experience and include a spacious social lounge, fully equipped fitness center, comfortable guest suite, theatre room, and 2 pickle ball courts. Experience luxurious, maintenance free living at The Westdel Condominiums. If you are looking for a low maintenance lifestyle in a high end building, in a quiet desirable neighbourhood, with a great community of people - The Westdel Condominiums is where you want to be. 2nd parking available for purchase.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,150.14/mo

Includes CMHC insurance ($17,131)

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5-yr fixed avg.

Principal: $552,600Interest: $375,311
Mortgage Amount$569,731
Total Interest$375,311
Est. Property Tax$435/mo
Total Cost$945,041

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

1975 FOUNTAIN GRASS Drive Unit 106, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$435
Insurance (est.)-$128
Net Cash Flow+$1,177

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 $512/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.

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 $2,558 (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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    1975 FOUNTAIN GRASS Drive Unit 106 | $614,000 | Battaglia Team