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$347,900

Est. $1,630/mo mortgage

3bd·2ba·1,200-1,399sqft

35 Waterman Avenue #58 · London South, N6C 5T8

MLS® X13127900

132 days on market132 days on market

Listed May 14, 2026

Listing courtesy of Prime Real Estate Brokerage·Updated Sep 9

Description

Freshly updated and affordably priced - read on! Climate Control: Reliable gas heating complimented by a brand-new AC unit (installed June 2026)-completely summer-ready! Prime Location: Ideally situated in South London within walking distance to LHSC and Parkwood Hospital. Transit & Growth: Future Bus Rapid Transit completion will provide lightning-fast access to downtown. Interior & Exterior Features -Spacious Living: 3 bright bedrooms and 1.5 bathrooms. Bonus Space: A large recreation room perfect for a home office, gym, or media center. Functional Storage: Oversized laundry room with plenty of extra storage capacity. Outdoor Living: Private backyard patio area designed for summer relaxing and entertaining. The Neighborhood - Enjoy the convenience of a highly desirable South London community. You are just minutes away from schools, local parks, premium shopping, and reliable public transportation. Don't miss out on this fantastic opportunity to own a lovely, affordably priced home in a prime location!

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Property details

Interior

Interior
1200-1399 sqft
Rooms
10 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Second
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air
Laundry
N

Building & lot

Type
Condo Townhouse, 2-Storey
Exterior
Aluminum Siding, Brick
Storeys
1
Exposure
East

Parking

Parking
1 spaces
Locker
None

Fees & taxes

Condo fee
$335/mo
Fee includes
parking
Pets
Yes-with Restrictions
Property tax
$2,481/yr (2025)
Corporation
MCC 115
Managed by
Melbourne Property Management

Rooms

Main

Dining Room
3.22 × 2.3 m
Living Room
4.83 × 3.32 m
Kitchen
3.23 × 3.5 m

Second

Bedroom 3
2.71 × 3.02 m
Bedroom 2
3.98 × 4.08 m
Primary Bedroom
3.97 × 4.73 m

Lower

Recreation
6.07 × 3.37 m
Laundry
6.05 × 5.31 m

AI property estimate

$363,900Estimate is ~4.6% above asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$327,510$400,290

83% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Glen Cairn

London South, ON

Established south-end neighbourhood with mature trees and a community-park-centred layout.

Monthly paymentest. $2,496/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,630
Property tax$210
Insurance (est.)$72
Utilities (est.)$250
Condo fee$335
Total monthly$2,496
Land transfer tax$3,694 on closing

Ontario LTT

$3,694

First-time rebate

$3,694

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$347,900

Listed May 14, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

8 - 159 Sandringham Crescent, London SouthSold

8 - 159 Sandringham Crescent, London South

4 bd·3 ba·1,200-1,399 sqft
3 - 352 Ridout Street, London SouthSold

3 - 352 Ridout Street, London South

2 bd·3 ba·1,400-1,599 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London South

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$420,333

Sale-to-list ratio

97.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $88,000 household income

Minimum household income required

$88,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$2,375/mo median for 3 bed nearby

$2,375/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 62 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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