$119,900
Est. $562/mo mortgage
198 Springbank Drive #65 · London, N6J 1G1
MLS® X14122740
Listing courtesy of Re/max Centre City Realty INC.·Listing last changed 2 hours ago
Key facts
- Property type
- Mobile home
- Square footage
- 700-1,100 sqft
- Age
- 31-50 years
- Parking
- 1 space
Description
Welcome to easy, comfortable living in this spacious 1995 Skyline Park Model home, located in a welcoming 50+ community! Measuring 16' x 48' (approximately 768 sq. ft.), this well-designed home features a pitched roof, an exceptionally large bedroom with a walk-in closet, and a bright, open-concept living area perfect for relaxing or entertaining. The generous eat-in kitchen offers plenty of room for everyday dining, 2 year old roof. Enjoy the convenience of in-suite, full-sized laundry, a gas furnace and central air conditioning for year-round comfort. All six appliances are included: fridge, stove, dishwasher, washer, dryer and microwave. Monthly fees total $880.78, consisting of land lease ($800), water ($60) and property taxes ($20.78). An excellent opportunity to enjoy comfortable, affordable living in a 50+ community!
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Property details
Interior
- Size
- 700-1,100 sqft
- Rooms
- 6 rooms
- Bathrooms
- 1 × 3-piece on Main
- Basement
- None
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Mobile home, Bungalow
- Age
- 31-50 years
- Exterior
- Vinyl Siding
- Foundation
- Piers
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Boulevard
- Parking
- 1 space
Rooms
Main
- Living Room
- 4.52441 × 4.41 m
- Dining Room
- 3.14 × 1.82 m
- Laundry
- 3.35 × 1.52 m
- Bedroom
- 4.41 × 3.5 m
- Kitchen
- 3.04 × 2.43 m
- Bathroom
Schools nearbyclosest is Kensal Park Public School, 650 m
Elementary
- 7.1
Kensal Park Public School
650 m · Grades JK-8
Thames Valley District School Board
- 3.3
Victoria Public School
800 m · Grades JK-8
Thames Valley District School Board
- 8.9
École élémentaire catholique Frère André
1.2 km · Grades JK-6
Conseil scolaire de district des écolesCatholique
Secondary
- 2.7
Westminster Secondary School
1.6 km · Grades 9-12
Thames Valley District School Board
- 4.2
London South Collegiate Institute
2.3 km · Grades 9-12
Thames Valley District School Board
- 8.0
London Central Secondary School
2.8 km · Grades 9-12
Thames Valley District School Board
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $837/mo all in
Monthly payment estimate
Land transfer tax$924 on closing
Ontario LTT
$924
First-time rebate
−$924
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed yesterday
Sold comparables nearby
Sold205 - 198 Springbank Drive, London South
Sold66 - 198 Springbank Drive, London South
See what these 6 homes sold for
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Market conditionsBuyer’s market in London
6.6 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 94.5% of asking.
Avg. sold price
$131,717
Sale-to-list ratio
94.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $34,000 household income
Minimum household income required
$34,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, an estimated property tax and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$1,400/mo median for 1 bed nearby
$1,400/month is the median rent for 1-bedroom homes leased within 3km over the past 12 months, across 59 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.
Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc.
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Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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Colin Abbot, Broker, Westwood Realty Team
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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