860 Commissioners Road Unit 1203, London South

Price: $299,900

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X13163880

Conveniently Located & Move-In Ready! Bright, updated 2-bedroom, 1-bathroom condo offering 974 sqft (per MPAC) of comfortable living space with easy access to Highway 401, Victoria Hospital, Parkwood Hospital, shopping, Westminster Ponds, dog parks, and everyday amenities. A fantastic opportunity for commuters, healthcare professionals, first-time buyers, or investors alike. This well-maintained unit features forced air heating and central air-conditioning - a rare bonus in many condo apartments. Over the past few years, the kitchen has been beautifully updated with modern cabinetry, countertops, backsplash, flooring, and stainless steel appliances. The bathroom has also been refreshed with updated shower tile, vanity, fixtures, and countertop. Ensuite laundry adds extra convenience. Premium flooring with cork underlay runs throughout the living, dining, and hallway areas, while large windows fill the space with natural light. Enjoy beautiful views from the private balcony. Residents also enjoy excellent building amenities including an outdoor pool, fitness center, sauna, and tennis courts. The building features upgraded elevators, onsite management, secure controlled entry, surveillance system, and audible fire alarm system. One parking space is included, with plenty of additional surface and covered parking available.

860 Commissioners Road Unit 1203 - Condo photo 1 of 12 in London South, Ontario
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$299,900 - 860 Commissioners Road Unit 1203, London South

Condo for Sale in London South

2Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
X13163880
Property Type
Condo
Status
active
Days on Site
28
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
London South
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
HOUSESIGMA INC.
Description

Conveniently Located & Move-In Ready! Bright, updated 2-bedroom, 1-bathroom condo offering 974 sqft (per MPAC) of comfortable living space with easy access to Highway 401, Victoria Hospital, Parkwood Hospital, shopping, Westminster Ponds, dog parks, and everyday amenities. A fantastic opportunity for commuters, healthcare professionals, first-time buyers, or investors alike. This well-maintained unit features forced air heating and central air-conditioning - a rare bonus in many condo apartments. Over the past few years, the kitchen has been beautifully updated with modern cabinetry, countertops, backsplash, flooring, and stainless steel appliances. The bathroom has also been refreshed with updated shower tile, vanity, fixtures, and countertop. Ensuite laundry adds extra convenience. Premium flooring with cork underlay runs throughout the living, dining, and hallway areas, while large windows fill the space with natural light. Enjoy beautiful views from the private balcony. Residents also enjoy excellent building amenities including an outdoor pool, fitness center, sauna, and tennis courts. The building features upgraded elevators, onsite management, secure controlled entry, surveillance system, and audible fire alarm system. One parking space is included, with plenty of additional surface and covered parking available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,538.64/mo

Includes CMHC insurance ($8,367)

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5-yr fixed avg.

Principal: $269,910Interest: $183,316
Mortgage Amount$278,277
Total Interest$183,316
Est. Property Tax$212/mo
Total Cost$461,593

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

860 Commissioners Road Unit 1203, 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)
5.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$212
Insurance (est.)-$62
Net Cash Flow+$1,421

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 28 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.

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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    860 Commissioners Road Unit 1203 | $299,900 | Battaglia Team