700 Osgoode Drive Unit 118, London South

Price: $399,900

4 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: X13212718

Welcome to this beautifully maintained 2-storey condo offering the perfect blend of style,function, and outdoor living. Featuring 4 generous-sized bedrooms, this home provides plenty of space for families, guests, or a home office setup. The open-concept kitchen and dining area is designed for both everyday living and entertaining, complete with granite countertops, a stylish backsplash, and a seamless flow into the main living space. Just inside the front entrance, you'll find convenient built-in cubbies that add both charm and practical organization. Upstairs, the main bathroom features a beautifully tiled shower, creating a modern and polished feel. Outside, enjoy a fully landscaped and fenced backyard retreat with a spacious deck and pergola - the perfect spot for summer gatherings or relaxing evenings at home. Additional highlights include a one-car garage, parking for 2 vehicles, and nearby visitor parking for added convenience. Located close to everyday amenities within walking distance, this move-in-ready condo combines low-maintenance living with the feel of a detached home. Don't miss your opportunity to make it yours!

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$399,900 - 700 Osgoode Drive Unit 118, London South

Condo for Sale in London South

4Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
X13212718
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
4
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
London South
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
RE/MAX CENTRE CITY REALTY INC.
Description

Welcome to this beautifully maintained 2-storey condo offering the perfect blend of style,function, and outdoor living. Featuring 4 generous-sized bedrooms, this home provides plenty of space for families, guests, or a home office setup. The open-concept kitchen and dining area is designed for both everyday living and entertaining, complete with granite countertops, a stylish backsplash, and a seamless flow into the main living space. Just inside the front entrance, you'll find convenient built-in cubbies that add both charm and practical organization. Upstairs, the main bathroom features a beautifully tiled shower, creating a modern and polished feel. Outside, enjoy a fully landscaped and fenced backyard retreat with a spacious deck and pergola - the perfect spot for summer gatherings or relaxing evenings at home. Additional highlights include a one-car garage, parking for 2 vehicles, and nearby visitor parking for added convenience. Located close to everyday amenities within walking distance, this move-in-ready condo combines low-maintenance living with the feel of a detached home. Don't miss your opportunity to make it yours!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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

700 Osgoode Drive Unit 118, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,480/mo
Range: $2,958 - $4,002
Cap Rate (ROI)
6.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,480
Maintenance Fees-$910
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,204

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 $286/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 21 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.

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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