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35 Waterman Avenue #60

London South, N6C 5T8·MLS® X13460796·

Listing courtesy of Century 21 First Canadian Corp·Updated 19 hours ago

For sale
1 / 30
3Beds
2Baths
1,200-1,399Sqft
Year Built

Listing price

$409,900

Est. $1,952/mo

Days on market

2

Listed Jun 18, 2026

Description

Freshly updated and affordably priced, this move-in-ready home offers exceptional value in a highly desirable South London location. Recent updates include a brand-new air conditioning unit installed in June 2026, providing added comfort and peace of mind for the new owner. Ideally situated within walking distance to LHSC and Parkwood Hospital, this property also benefits from the future Bus Rapid Transit system, providing convenient access to downtown London. Inside, you'll find 3 bright bedrooms, 1.5 bathrooms, a spacious recreation room ideal for a home office, gym, or media room, and an oversized laundry room with ample storage space. Outside, enjoy a private backyard patio perfect for relaxing or entertaining during the summer months. Ample visitor parking adds to the convenience for family and guests. Located close to schools, parks, shopping, and public transit, this home presents an excellent opportunity for first-time buyers, professionals, families, or investors seeking an affordable property in a prime location. Don't miss your chance to own this wonderful South London home.

Property details

Basement

Finished

Parking

2 spaces

Type

Condo Townhouse — 2-Storey

Heating

Forced Air

AI property estimate

$422,607Above Market
$398,013$447,201

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Glen Cairn

London South, ON

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

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,952
Property tax$444
Insurance (est.)$85
Utilities (est.)$250
Total monthly$2,731

Land transfer tax

Ontario LTT

$4,673

First-time rebate

$4,000

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

Price & listing history

Jun 18, 2026Listed
$409,900

Sold comparables nearby

47 - 295 Wilkins Street, London SouthSold

$405,000

47 - 295 Wilkins Street, London South

3 bd·3 ba·1,200-1,399 sqft
636 - 636 Wilkins Street, London SouthSold

$280,000

636 - 636 Wilkins Street, London South

3 bd·2 ba·1,200-1,399 sqft

See all 10 comparables

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Market conditions · South R

Buyer's marketBalancedSeller's market

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

$1,640

Rental yield

4.8%

Est. cash flow

-$1,091

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$102,424

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$422,607

Above Market

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