35 Waterman Avenue Unit 78, London South

Price: $2,500

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12864832

Location, style, and convenience all in one. ** This freshly renovated three-story townhome is perfectly located just steps from Parkwood Hospital and within walking distance to LHSC-ideal for hospital staff or anyone wanting a simple, stress-free commute. Highway 401 is just minutes away, with a nearby bus route for extra convenience. Inside, the home is bright and move-in ready. The ground level offers garage access and a flexible space that works great as a home office or rec room. Upstairs, the open concept living and dining area flows into an eat-in kitchen, plus a handy powder room with in-suite laundry. The top floor features three comfortable bedrooms and a full bathroom. You'll also enjoy a private patio for relaxing outside, along with both garage and driveway parking. A stylish, low-maintenance home in a great location-ready for you to settle in and enjoy.

35 Waterman Avenue Unit 78 - Condo photo 1 of 13 in London South, Ontario
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$2,500 - 35 Waterman Avenue Unit 78, London South

Condo for Sale in London South

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12864832
Property Type
Condo
Status
active
Days on Site
26
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
London South
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
INITIA REAL ESTATE (ONTARIO) LTD
Description

Location, style, and convenience all in one. ** This freshly renovated three-story townhome is perfectly located just steps from Parkwood Hospital and within walking distance to LHSC-ideal for hospital staff or anyone wanting a simple, stress-free commute. Highway 401 is just minutes away, with a nearby bus route for extra convenience. Inside, the home is bright and move-in ready. The ground level offers garage access and a flexible space that works great as a home office or rec room. Upstairs, the open concept living and dining area flows into an eat-in kitchen, plus a handy powder room with in-suite laundry. The top floor features three comfortable bedrooms and a full bathroom. You'll also enjoy a private patio for relaxing outside, along with both garage and driveway parking. A stylish, low-maintenance home in a great location-ready for you to settle in and enjoy.

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

35 Waterman Avenue Unit 78, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
1025.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$2
Insurance (est.)-$1
Net Cash Flow+$2,137

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $2/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 26 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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