198 SPRINGBANK Drive #92
London South, N6J 1G1·MLS® X13706574
Listing courtesy of Century 21 First Canadian Corp·Updated 11 hours ago
Listing price
$179,900
Est. $857/mo
Days on market
Listed Aug 24, 2026
Description
Welcome to this charming 2-bedroom mobile home located in The Cove Retirement Mobile Home Park, offering comfortable, low-maintenance living in a welcoming 50+ community.This 1968 Century model features a spacious sunroom addition extending along the side of the home, providing valuable extra living space. The addition features updated siding, windows, and insulation. Inside, the home offers an open-concept living and kitchen area, two bedrooms, and plenty of closet and storage space.The home is equipped with a furnace and hot water heater installed in 2020. Outside, enjoy a nicely landscaped lot with a patio and storage shed.Monthly lot fees are approximately $800 and include applicable property taxes, water, sewage, garbage and recycling pickup, and park maintenance.Conveniently located close to downtown, shopping, Greenwood Park, and nearby trails. An affordable alternative to condo living and a great option for those looking to downsize. ** Residents must be 50+ years of age.
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Property details
- Type
- MobileTrailer — Other
- Age
- 51-99 years
- Lot size
- < .50 acres
- Interior
- < 700 sqft
- Rooms
- 6 rooms
- Bathrooms
- 1 × 4-piece on Main
- Basement
- None
- Heating
- Forced Air
- Cooling
- Window Unit(s)
- Exterior
- Aluminum Siding, Vinyl Siding
- Foundation
- Slab
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
- Parking
- 2 spaces
- Property tax
- $260/yr (2025)
Rooms
Main
- Sunroom — Laminate
- 9.32 × 2.54 m
- Living Room
- 3.73 × 3.4 m
- Bedroom — Vinyl Floor
- 2.67 × 1.73 m
- Bathroom
- —
- Primary Bedroom
- 2.57 × 3.4 m
- Kitchen — double sink, laminate
- 3.48 × 3.4 m
- Other
- 3.56 × 2.31 m
Location & neighbourhood
Monthly paymentMortgage, tax and fees
Monthly payment estimate
Land transfer taxOne-time, on closing
Ontario LTT
$1,524
First-time rebate
−$1,524
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 2 times over 1 month · asking price up 29% from the first ask · sold 3% below the final ask
Listed Aug 24, 2026
Listed May 29, 2023 · 42 days on market
Jul 10, 2023
42 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$85,000
66 - 198 Springbank Drive, London South
Sold$123,100
5 - 198 Springbank Drive, London South
See what these 6 homes sold for
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Market conditionsOld South · last 90 days
Avg. sold price
$159,100
Sale-to-list ratio
90.2%
Based on 6 recent comparable sales near this home.
AffordabilityWhat income this home needs
Minimum household income required
$50,202
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
519-859-4579 · colin@searchlondonhomes.com
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