450 Pond Mills Road #25
London South, N5Z 4X2·MLS® X13144208·
Listing courtesy of Re/max Premier INC.·Updated May 20
Listing price
$399,900
Est. $1,905/mo
Days on market
Listed May 19, 2026
Description
Welcome to this affordable and well-maintained end-unit condo located in the sought-after Pond Mills community. Featuring 3 spacious bedrooms and 1.5 bathrooms, this bright home offers an excellent opportunity for first-time buyers, young families, or investors looking to enter the market at an attractive price point.The updated kitchen showcases modern finishes and laminate flooring, flowing seamlessly into comfortable living and dining areas designed for everyday living and entertaining. Enjoy a private backyard patio surrounded by mature greenery, creating the perfect outdoor retreat.One of the standout features of this home is the versatile lower-level space, offering a finished layout with drywall already completed and endless potential for future customization. Whether you envision a recreation room, creative studio, home gym, office, or additional family space, this area is ready for your personal finishing touches and flooring selections.Ideally situated steps from the scenic Westminster Ponds trails and just minutes to Highway 401, LHSC, schools, shopping, and everyday amenities, this move-in-ready property combines value, location, and opportunity in one desirable package.
Property details
Garage
1 car Attached
Basement
Partially Finished
Parking
2 spaces
Type
Condo Townhouse — 3-Storey
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
Newer southeast neighbourhood with diverse housing, growing commercial options, and family appeal.
Monthly payment estimate
Land transfer tax
Ontario LTT
$4,474
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$565,000
211 - 2025 Meadowgate Boulevard, London South
Sold$384,000
18 - 700 Osgoode Drive, London South
See all 10 comparables
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Market conditions · South T
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$1,600
Rental yield
4.8%
Est. cash flow
-$1,071
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$100,157
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$412,297
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