235 Kennington Way Unit #1, London South

Price: $599,900

4 bedrooms, 3 bathrooms

1,800 sqft

Property Type: Condo

MLS#: X13100886

Introducing Acadia Towns - stylish 3-story townhomes with 1-car attached garage and inside entry, offering over 1,850 sq. ft. of premium living space above grade. The second floor features an open-concept living/dining area with patio doors to a 2nd-level terrace, and a designer kitchen with a large island, quartz countertops, a built-in double sink, a breakfast bar, and a double-door pantry. The main living level also includes a laundry room and a convenient 2-piece bath. Upper level offers three generous bedrooms, a 4-piece family bath, and a primary suite with a 3-piece ensuite and a walk-in closet. The ground/main entry level features a foyer with a double closet and built-in seating, plus a fourth bedroom or home office with a patio door to the rear yard. Notable finishes and features: architectural detailing throughout, Hardwood and laminate flooring, high-efficiency forced-air gas furnace, central air, HRV, and on-demand gas water heater. Other units available, with the option to choose all interior finishes. Vacant Land Condo status allows low condo fees for snow removal, grass cutting, and management. Significant savings with the HST rebate currently offered and factored into this incredible sale price!

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$599,900 - 235 Kennington Way Unit #1, London South

Condo for Sale in London South

42 days on market
4Beds
3Baths
1,800Sq Ft
Condo
Property Details
MLS Number
X13100886
Property Type
Condo
Status
active
Days on Site
42
Bedrooms
4
Bathrooms
3
Square Feet
1,800 sqft
Neighbourhood
London South
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Description

Introducing Acadia Towns - stylish 3-story townhomes with 1-car attached garage and inside entry, offering over 1,850 sq. ft. of premium living space above grade. The second floor features an open-concept living/dining area with patio doors to a 2nd-level terrace, and a designer kitchen with a large island, quartz countertops, a built-in double sink, a breakfast bar, and a double-door pantry. The main living level also includes a laundry room and a convenient 2-piece bath. Upper level offers three generous bedrooms, a 4-piece family bath, and a primary suite with a 3-piece ensuite and a walk-in closet. The ground/main entry level features a foyer with a double closet and built-in seating, plus a fourth bedroom or home office with a patio door to the rear yard. Notable finishes and features: architectural detailing throughout, Hardwood and laminate flooring, high-efficiency forced-air gas furnace, central air, HRV, and on-demand gas water heater. Other units available, with the option to choose all interior finishes. Vacant Land Condo status allows low condo fees for snow removal, grass cutting, and management. Significant savings with the HST rebate currently offered and factored into this incredible sale price!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,077.80/mo

Includes CMHC insurance ($16,737)

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5-yr fixed avg.

Principal: $539,910Interest: $366,692
Mortgage Amount$556,647
Total Interest$366,692
Est. Property Tax$425/mo
Total Cost$923,339

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

235 Kennington Way Unit #1, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$1,170
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$2,080

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 $333/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 42 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London South. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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