45 Pond Mills Road Unit 803, London South

Price: $290,000

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X13070660

Welcome to Unit 803 at Rivers Edge a thoughtfully updated 2-bedroom condo offering incredible views, practical layout, and peaceful living in a well-maintained, smoke-free building. Perched on the 8th floor, this unit faces west, filling the space with natural light and offering open sunset views of the city and surrounding green space.Step inside to discover a warm, comfortable interior with stylish upgrades throughout. The kitchen has been designed for both function and flair, while fresh paint, modern light fixtures, and soft bedroom finishes create a relaxed, move-in-ready atmosphere. The updated bathroom fixtures, generous storage, and in-suite laundry add convenience to daily life.Rivers Edge residents enjoy access to a full range of amenities, including a fitness room, sauna, party/social room, outdoor BBQ area with gazebo, and plenty of visitor parking. Theres even additional laundry facilities and an assigned parking space included. The quiet, well-managed building provides a calm atmosphere ideal for professionals, retirees, or anyone seeking low-maintenance living with comfort and community.Location is a standout feature. Surrounded by walking trails, the Thames River, and green space, youre also just steps from public transit, shopping, restaurants, and even a disc golf course. South River Valley Park and Vauxhall Park Baseball Diamonds are nearby for added outdoor enjoyment.Whether you are a turn key professional downsizer, or investor, Unit 803 at Rivers Edge offers a rare opportunity to enjoy urban convenience with a connection to nature all in one of the most peaceful corners of the city.

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$290,000 - 45 Pond Mills Road Unit 803, London South

Condo for Sale in London South

49 days on market
2Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
X13070660
Property Type
Condo
Status
active
Days on Site
49
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
London South
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
REAL BROKER ONTARIO LTD
Description

Welcome to Unit 803 at Rivers Edge a thoughtfully updated 2-bedroom condo offering incredible views, practical layout, and peaceful living in a well-maintained, smoke-free building. Perched on the 8th floor, this unit faces west, filling the space with natural light and offering open sunset views of the city and surrounding green space.Step inside to discover a warm, comfortable interior with stylish upgrades throughout. The kitchen has been designed for both function and flair, while fresh paint, modern light fixtures, and soft bedroom finishes create a relaxed, move-in-ready atmosphere. The updated bathroom fixtures, generous storage, and in-suite laundry add convenience to daily life.Rivers Edge residents enjoy access to a full range of amenities, including a fitness room, sauna, party/social room, outdoor BBQ area with gazebo, and plenty of visitor parking. Theres even additional laundry facilities and an assigned parking space included. The quiet, well-managed building provides a calm atmosphere ideal for professionals, retirees, or anyone seeking low-maintenance living with comfort and community.Location is a standout feature. Surrounded by walking trails, the Thames River, and green space, youre also just steps from public transit, shopping, restaurants, and even a disc golf course. South River Valley Park and Vauxhall Park Baseball Diamonds are nearby for added outdoor enjoyment.Whether you are a turn key professional downsizer, or investor, Unit 803 at Rivers Edge offers a rare opportunity to enjoy urban convenience with a connection to nature all in one of the most peaceful corners of the city.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,487.85/mo

Includes CMHC insurance ($8,091)

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5-yr fixed avg.

Principal: $261,000Interest: $177,264
Mortgage Amount$269,091
Total Interest$177,264
Est. Property Tax$205/mo
Total Cost$446,355

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 803, 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)
5.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$205
Insurance (est.)-$60
Net Cash Flow+$1,430

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 $322/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 49 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.

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 803, London South | $290,000 | Battaglia Team