45 Pond Mills Road #206
London South, N5Z 4W5·MLS® X13419856·
Listing courtesy of Sutton Group Preferred Realty INC.·Updated 3 days ago
Listing price
$309,500
Est. $1,474/mo
Days on market
Listed Jun 9, 2026
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!
Property details
Garage
1 car Underground
Basement
None
Parking
1 spaces
Type
Condo Apartment — Apartment
Heating
Baseboard
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.
Monthly payment estimate
Land transfer tax
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
Sold comparables nearby
Sold$250,000
209 - 739 Deveron Crescent, London South
Sold$295,000
904 - 858 Commissioners Road, London South
See all 10 comparables
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Market conditions · South J
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
$1,238
Rental yield
4.8%
Est. cash flow
-$885
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$79,626
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$295,573
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