$274,900 - 860 Commissioners Road Unit 1403, London South
Condo for Sale in London South
109 days on market- MLS Number
- X12579018
- Property Type
- Condo
- Status
- active
- Days on Site
- 109
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- THRIVE REALTY GROUP INC.
An excellent opportunity for homeownership in a well-run, self-managed condominium community in a highly convenient South London location. This condo is now vacant and ready for its next owner.The generous living room opens onto a private balcony and connects seamlessly with the dedicated dining area.The galley kitchen offers amply space to design a functional layout with lots of storage and prep space.The primary bedroom features a large closet and easily accommodates a full suite of furniture. A second bedroom comes complete with an exceptionally deep closet. The unit also includes a 4-piece bath, an in-suite storage/laundry room, and a welcoming foyer with additional closet space. It's truly a well-designed floor plan. A standout feature of this property is the impressive list of amenities rarely found at this price point. Residents enjoy a common fitness centre with an exercise room, dry sauna, heated outdoor pool, and tennis court-ideal for staying active without leaving home. Covered parking is available on a first-come, first-served basis, parking space is not assigned.Transit is conveniently located right outside the entrance, and the unit is within walking distance to Victoria Hospital, Parkwood Hospital, shops and restaurants. Quick access to the 401 makes this an excellent choice for commuters as well. Perfect for first-time buyers, looking to downsize or investors looking to add to their portfolio. Some photos have been virtually staged. One Parking spot included with unit.
Estimate your monthly payments for this property
Estimated Payment
$1,410.38/mo
Includes CMHC insurance ($7,670)
5-yr fixed avg.
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.
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
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.
860 Commissioners Road Unit 1403, London South
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Monthly Cash Flow Breakdown
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'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.
Negotiation Opportunity
At 109 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 800 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.