45 Pond Mills Road Unit 206, London South

Price: $309,500

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X13419856

Welcome to Unit 206 at Rivers Edge - Where Comfort Meets the Calm of the River! This 2 bedroom, 1 bath condo delivers the perfect blend of updates, natural beauty, and effortless living. Just one flight up, this unit has eastern exposure, facing the Thames River and Park - imagine sipping your morning coffee to the sound of birdsong. Inside the updated kitchen and bathroom shine plus there are 5 quality appliances (just 5 years old) that will make move-in a breeze. Brand new windows installed throughout the building in 2024 flood the space with natural light, complemented by new custom blinds for style and privacy. The spacious primary bedroom features a walk-in closet, the 2nd bedroom offers plenty of space and there is convenient in-unit laundry. The smart seal system around the A/C helps keep heating costs in check, and the east-facing orientation means naturally cooler summers - a win all around! Outside your door, Rivers Edge residents enjoy an impressive suite of amenities: a fitness room, sauna, party room, outdoor BBQ area with gazebo, visitor parking, and additional laundry facilities. The assigned parking spot #79 on level P1 is close to the entrance! The smoke-free, well-managed building creates a peaceful atmosphere perfectly suited for professionals, retirees, or anyone craving low-maintenance living with real community feel. The location is simply unbeatable. Step outside to the Thames River walking trails, a disc golf course, and South River Valley Park - then pop over by car or transit to nearby shops, and restaurants in minutes. Urban convenience and a true connection to nature, all in a serene setting. Whether you're a first-time buyer, downsizer, or savvy investor - this is the opportunity you've been waiting for!

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$309,500 - 45 Pond Mills Road Unit 206, London South

Condo for Sale in London South

Popular Listing
2Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
X13419856
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
London South
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
SUTTON GROUP PREFERRED REALTY INC.
Description

Welcome to Unit 206 at Rivers Edge - Where Comfort Meets the Calm of the River! This 2 bedroom, 1 bath condo delivers the perfect blend of updates, natural beauty, and effortless living. Just one flight up, this unit has eastern exposure, facing the Thames River and Park - imagine sipping your morning coffee to the sound of birdsong. Inside the updated kitchen and bathroom shine plus there are 5 quality appliances (just 5 years old) that will make move-in a breeze. Brand new windows installed throughout the building in 2024 flood the space with natural light, complemented by new custom blinds for style and privacy. The spacious primary bedroom features a walk-in closet, the 2nd bedroom offers plenty of space and there is convenient in-unit laundry. The smart seal system around the A/C helps keep heating costs in check, and the east-facing orientation means naturally cooler summers - a win all around! Outside your door, Rivers Edge residents enjoy an impressive suite of amenities: a fitness room, sauna, party room, outdoor BBQ area with gazebo, visitor parking, and additional laundry facilities. The assigned parking spot #79 on level P1 is close to the entrance! The smoke-free, well-managed building creates a peaceful atmosphere perfectly suited for professionals, retirees, or anyone craving low-maintenance living with real community feel. The location is simply unbeatable. Step outside to the Thames River walking trails, a disc golf course, and South River Valley Park - then pop over by car or transit to nearby shops, and restaurants in minutes. Urban convenience and a true connection to nature, all in a serene setting. Whether you're a first-time buyer, downsizer, or savvy investor - this is the opportunity you've been waiting for!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,587.90/mo

Includes CMHC insurance ($8,635)

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5-yr fixed avg.

Principal: $278,550Interest: $189,184
Mortgage Amount$287,185
Total Interest$189,184
Est. Property Tax$219/mo
Total Cost$476,369

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

45 Pond Mills Road Unit 206, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$219
Insurance (est.)-$64
Net Cash Flow+$1,412

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 $344/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.

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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    45 Pond Mills Road Unit 206, London South | $309,500 | Battaglia Team