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$399,900

Est. $1,873/mo mortgage

3bd·2ba·1,200-1,399sqft

35 Waterman Avenue #29 · London South, N6C 5T3

MLS® X13828788

2 days on market2 days on market

Listed Sep 25, 2026

Listing courtesy of Prime Real Estate Brokerage·Updated 11 hours ago

Description

Welcome to this beautifully renovated 3-bedroom townhouse in the quiet enclave of South London. Perfect for first-time buyers, this home offers a functional layout with a bright, updated, eat-in kitchen and a spacious living/dining space. The upper level boasts three generous bedrooms and a 4-piece main bathroom. For extra living space, the lower level is partially finished-ideal for a recreation room, home office, or gym-while still providing ample storage and laundry space. Upgrades include - Interior: Luxury vinyl plank flooring throughout the main and second levels with carpet on stairs. .Outdoor Living: Private rear courtyard/patio perfect for summer BBQs. Comfort: Newly installed Gas heating and central air conditioning. Location: Prime South London spot with quick access to the 401, Victoria Hospital, and shopping and the developing Bus Rapid Transat System. Steps away from parks and local favorites. Additional features are kitchen appliances, on trend sink, tap, backsplash, pot lights, flooring, hardware, new doors throughout, washer and dryer. Parking out front and private back patio. Its in a great location within the complex!

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Property details

Interior

Size
1200-1399 sqft
Rooms
10 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Second
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air
Laundry
N

Building & lot

Type
Condo Townhouse, 2-Storey
Exterior
Aluminum Siding, Brick
Storeys
1
Exposure
East

Parking

Parking
1 spaces
Locker
None

Fees & taxes

Condo fee
$335/mo
Fee includes
parking
Pets
Yes-with Restrictions
Property tax
$2,522/yr (2026)
Corporation
MCC 115
Managed by
Melbourne Property Management

AI property estimate

$365,000Estimate is ~8.7% below asking

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

$328,500$401,500

83% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Glen Cairn →

London South, ON

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

Monthly paymentest. $2,782/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,873
Property tax$241
Insurance (est.)$83
Utilities (est.)$250
Condo fee$335
Total monthly$2,782
Land transfer tax$4,474 on closing

Ontario LTT

$4,474

First-time rebate

−$4,000

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

Price & listing history

$399,900

Listed Sep 25, 2026

On the market

Sold comparables nearby

22 - 1725 Ernest Avenue, London SouthSold

22 - 1725 Ernest Avenue, London South

3 bd·2 ba·1,000-1,199 sqft
8 - 159 Sandringham Crescent, London SouthSold

8 - 159 Sandringham Crescent, London South

4 bd·3 ba·1,200-1,399 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 97.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$423,417

Sale-to-list ratio

97.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $100,000 household income

Minimum household income required

$100,000

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$2,375/mo median for 3 bed nearby

$2,375/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 60 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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