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For sale
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$309,500

Est. $1,450/mo mortgage

2bd·1ba·900-999sqft

45 Pond Mills Road #206 · London South, N5Z 4W5

MLS® X13419856

107 days on market107 days on market

Listed Jun 9, 2026

Listing courtesy of Sutton Group Preferred Realty INC.·Updated 6 days ago

Description

Welcome to Unit 206 at Rivers Edge - Where Comfort Meets the Calm of the River! This 2 bedroom, 1 bath condo delivers the perfect blend of updates, natural beauty, and effortless living. Just one flight up, this unit has eastern exposure, facing the Thames River and Park - imagine sipping your morning coffee to the sound of birdsong. Inside the updated kitchen and bathroom shine plus there are 5 quality appliances (just 5 years old) that will make move-in a breeze. Brand new windows installed throughout the building in 2024 flood the space with natural light, complemented by new custom blinds for style and privacy. The spacious primary bedroom features a walk-in closet, the 2nd bedroom offers plenty of space and there is convenient in-unit laundry. The smart seal system around the A/C helps keep heating costs in check, and the east-facing orientation means naturally cooler summers - a win all around! Outside your door, Rivers Edge residents enjoy an impressive suite of amenities: a fitness room, sauna, party room, outdoor BBQ area with gazebo, visitor parking, and additional laundry facilities. The assigned parking spot #79 on level P1 is close to the entrance! The smoke-free, well-managed building creates a peaceful atmosphere perfectly suited for professionals, retirees, or anyone craving low-maintenance living with real community feel. The location is simply unbeatable. Step outside to the Thames River walking trails, a disc golf course, and South River Valley Park - then pop over by car or transit to nearby shops, and restaurants in minutes. Urban convenience and a true connection to nature, all in a serene setting. Whether you're a first-time buyer, downsizer, or savvy investor - this is the opportunity you've been waiting for!

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Property details

Interior

Interior
900-999 sqft
Rooms
8 rooms
Bathrooms
1 × 4-piece on Main
Basement
None
Heating
Baseboard
Cooling
Wall Unit(s)
Laundry
Y

Building & lot

Type
Condo Apartment, Apartment
Age
31-50 years
Exterior
Concrete
Storeys
2
Exposure
East

Parking

Garage
1 car Underground
Parking
1 spaces
Locker
None

Fees & taxes

Condo fee
$495/mo
Fee includes
water
Pets
Yes-with Restrictions
Property tax
$1,693/yr (2025)
Corporation
MCC 133
Managed by
Lion Heart Management

Building amenities

Community BBQ · Exercise Room · Party Room/Meeting Room · Sauna

Rooms

Main

Bedroom 2
3.15 × 2.97 m
Laundry
3.1 × 1.05 m
Kitchen
2.77 × 2.72 m
Primary Bedroom
4.17 × 3.04 m
Living Room
5.48 × 4.91 m
Dining Room
2.83 × 2.66 m
Foyer
2.83 × 1.33 m

AI property estimate

$271,389Estimate is ~12.3% below asking

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

$244,250$298,528

80% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Pond Mills

London South, ON

South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.

Monthly paymentest. $2,445/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,450
Property tax$186
Insurance (est.)$64
Utilities (est.)$250
Condo fee$495
Total monthly$2,445
Land transfer tax$3,118 on closing

Ontario LTT

$3,118

First-time rebate

$3,118

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

Price & listing history

$309,500

Listed Jun 9, 2026

On the market

Sold comparables nearby

109 - 729 Deveron Crescent, London SouthSold

109 - 729 Deveron Crescent, London South

3 bd·2 ba·1,200-1,399 sqft
309 - 729 Deveron Crescent, London SouthSold

309 - 729 Deveron Crescent, London South

1 bd·1 ba·700-799 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 93.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$231,167

Sale-to-list ratio

93.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $79,000 household income

Minimum household income required

$79,000

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$1,700/mo median for 2 bed nearby

$1,700/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 69 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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