198 Springbank Drive #205
London South, N6J 1G1·MLS® X13624032
Listing courtesy of Peak Select Realty INC·Updated 2 hours ago
Listing price
$105,000
Est. $500/mo
Days on market
Listed Jul 31, 2026
Description
This is a lifestyle choice for the 50+ only. The simple life. Are you looking for an easy-to-care-for, manageable place, not too big, with no neighbours immediately on the other side of the wall (as in apartment) - just a little landscaping, few flowers just to be pretty, plus a large covered deck to enjoy - this could be your answer. This unit is one bedroom, one full bathroom, with open concept Kitchen, Dining and Living room creating a great effect with slightly vaulted ceilings. Both the patio doors and entrance open onto large covered deck. Note this home was loved and cared for with its: vinyl siding; updated windows; some fresh paint; metal roof in about last 5 years; forced air gas furnace (2018); Interior air conditioning unit 2023; little shed; fridge 2022; gas stove 2018 (needs range hood exterior vent); Mohen kitchen tap; thermostat 2017; and freshly painted. Of course, the location is key. Easy and short commute to: shopping, restaurants, parks, Coffee shops/Tims, trails, buses and more. In the park, this unit backs onto some of The Park's lawn (vs directly onto another unit). Your parking spot is right in front of this home. Yes, you pay monthly fee for use of land/landlease, portion of property taxes, water & services (common area snow removal & grass cutting) in the Park to Cove Mobile Home Park, & as they say this could be "Retirement at its Best". Subject to change. You must be 50+ years old to successfully own in this Park - their approval is part of the buying process. It is an as-is sale. All dates are estimate or approximate. This is an affordable lifestyle choice for the 50+. Note: park rules do not permit renting, nor large dogs. Park to approve a buyer. Year round living or be a snow bird - your choice?
Property details
Basement
None
Parking
1 spaces
Type
MobileTrailer — Other
Heating
Forced Air
Property tax
$256/yr (2026)
AI property estimate
Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.
68% confidence · 20 sold homes within 2 km, by price per sq ft
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$775
First-time rebate
−$775
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jul 31, 2026
Sold comparables nearby
Sold$85,000
66 - 198 Springbank Drive, London South
Sold$123,100
5 - 198 Springbank Drive, London South
See all 6 sold comparables
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Market conditions · South D
Avg. sold price
$159,100
Sale-to-list ratio
90.2%
Based on 6 recent comparable sales near this home.
Affordability
Minimum household income required
$33,219
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
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AI estimate
$264,534
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Broker
519-859-4579 · colinabbot@gmail.com
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