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South T, London South
$599,000
Welcome to this spacious and well-maintained 4-level backsplit in London's sought-after Pond Mills neighbourhood! Offering a 3+1 bedroom (versatile office, den or hobby room) 3-bathroom layout, this home is ideal for growing families, multi-generational living, or buyers looking for flexible additional living space and rental potential. The bright, open-concept main level features a functional kitchen and dining area complete with an island cooktop, striking range hood, and brand-new kitchen flooring. The upper level offers three comfortable bedrooms and a full bathroom. A standout feature is the separate entrance to the lower levels, providing excellent flexibility for extended family, guests, or additional living space. The lower level features a spacious living area with above-grade windows that bring in plenty of natural light, along with a kitchen, versatile additional room, and two bathrooms. The lower level offers potential rental income of approximately $1,500 per month, making it an attractive option for buyers seeking additional income potential or space for extended family. Additional features include updated flooring, new central air conditioning, and a private backyard with a mature pear tree. Ideally located just minutes from schools, parks, shopping, Westminster Ponds, and Highway 401. A fantastic opportunity to own a spacious and versatile home in the desirable Pond Mills neighbourhood! Note: some photos are virtually staged.
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,990 |
| Lot Size | 50 ft x 110 ft |
| mls© Number | X13731192 |
| Listed By | LPT REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,066
- Property tax
- $333
- Heat allowance
- $150
- Housing costs
- $3,548 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$109,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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