147 Pond Mills Road
London South, ON
- 5,250 sqft
- Investment
- 472 days on market
Purpose built, 11 unit apartment building available in Pond Mills. Completed in May 2018 and fully leased with five, 1-bedroom units and six, 2-bedroom units. This property is very well maintained with no deferred maintenance. The tenants on the first and second floor pay personal hydro and the lower level 1-bedroom units are all-inclusive. Landlord pays the water for the entire building. Current rental income is $205,740 / year. All units have in-suite stacking washer/dryer units. There is one, fully accessible unit on the first floor. Parking for 16 vehicles. Existing financing may be assumable to qualified Buyer.
Listing Details
- Taxes (2024)
- $20,484
- Listed
- May 26, 2025
Price History
Property
- Lot Size
- 102 x 213 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Cleveland and Ailsa Place
- Zoning
- R5-4, R9-7, H38
- Parcel Number
- 083450129
- Possession
- 30-59 days
- Occupancy
- Tenant
Included
- Inclusions
- Stacking Washer & Dryer Unit (11), Refrigerator (11), Electric Range (11), Dishwasher (11), Built-in microwave (11)
- Rental Items
- none
Community
Postal area N5Z
- Population
- 24,067
- Private dwellings
- 11,008
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $64,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in London South · last 12 months
- Median sold price
- $585,000
- Homes sold
- 1,897
- Median days on market
- 27
- Sale-to-list price
- 97.5%
Based on 1,897 recorded sales of commercial properties in London South over the last 12 months.
Listed by
GLEED INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 5,250 sq ft
- Price per sq ft
- $628.57
- Annual property tax
- $20,484
- Tax per sq ft
- $3.90
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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