404-1975 Fountain Grass Dr
South B, London South, Ontario N6K 0M3
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,200–1,399sq ft
- Per sq ft
- $538at the range’s middle
- Tax a year
- $4,8012026 tax year
- Built
- 0-5
- Parking
- 22 underground
- Days on market
- Members
The brief
About 404-1975 Fountain Grass Dr
404-1975 Fountain Grass Dr is a 2-bedroom, 2-bathroom condo in South B, London South, listed for sale at an asking price of $699,000 (MLS® X13428954).
Upscale living in this bright southeast facing premium unit located on the top floor of this executive condominium complex. This open conce4pt design offers a white, bright kitchen upgraded with KitchenAid appliance, bar, refrigerator, countertop range, granite countertops and waterfall island overlooking the main living area. Enjoy a combined living/dining space with beautiful flooring, a linear electric fireplace and southern views overlooking green space. The balcony offers ample area to enjoy urban living! The primary bedroom, is complete with a walk-in closet and 4 pc spa inspired ensuite with a heated floor. This top floor unit also includes two underground parking spots and a large - premium storage locker included. The bui8lding amenities include a media room, pickleball court, gym, guest suite, and an amazing party room with outside conversation areas and located close to parks, trails, shopping, dining and golf. A lifestyle choice that ticks all the boxes.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$2,359/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 18 condos with 2 bedrooms for lease in London South right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,801 / 2026
- MLS® number
- X13428954
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- South B
- Municipality
- London South
Building
- Size
- 1200-1399 sqft
- Building Age
- 0-5
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Flat, 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Concrete
- Roof
- Asphalt Rolled
- Fireplace
- Yes
- Den
- Yes
- Family room
- Yes
- Extras
- Refrigerator, stove, dishwasher, washer and dryer.
- Condo maint.
- $620
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.9 × 2.5 m | — | Flat |
| Living | 3.6 × 7.0 m | Combined W/Dining | Flat |
| Primary | 4.1 × 4.5 m | — | Flat |
| 2nd Br | 3.6 × 3.25 m | — | Flat |
| Laundry | 1.83 × 3.14 m | — | Flat |
| Bathroom | 3.25 × 3.25 m | 4 Pc Ensuite | Flat |
| Bathroom | 3.75 × 1.6 m | 4 Pc Bath | Flat |
Listing history
Buy/sell history for 404-1975 Fountain Grass Dr, London South, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $699,000 | N/A | For Sale | X13428954 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $139,800
- Total mortgage amount
- $559,200
- Total interest payment
- $397,500
- Total purchase cost
- $1,096,500
- Mortgage payment
- $3,189/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
79%Monthly carrying cost
$4,209- Rent $1,850
- Shortfall $2,359
Rental income opens at $1,850, the median asking rent of 18 comparable homes for lease in London South. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $10,455
- Total land transfer tax
- $10,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $6,455
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $699,000
- $5,980
- Ontario total
- $10,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- 7 water-supply wells recorded within 250 mAll were drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 59.7 m.250 m
- Groundwater recorded about 35.7 m below ground nearbyThe middle water level in the well records within 500 m (23 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- 1 licensed pit or quarry within 2 kmThe nearest is 820 m away, as mapped.2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Corporation of the City of London — Oxford Pollution Control Plant, 2.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 90 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (90 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.90 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, TekSavvy, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Condos for sale in South B right now
- For sale now
- 14
- Median asking price
- $608K
- New in 7 days
- 1
- Price cuts
- 14%
Middle half: $541K to $665K
6 in 28 days
2 listings
This home is asking 15% above the median, higher than three quarters of them.
See all homes in South BAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St. Nicholas Senior Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.5 km | 86%Grade 6 average |
| Byron Northview Public SchoolThames Valley DSB | Public · grades JK–8 | 1.9 km | 74%Grade 6 average |
| St Theresa Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.9 km | 78%Grade 6 average |
| École élémentaire Marie-CurieConseil scolaire Viamonde | French-language public · grades JK–6 | 3.3 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Thomas Aquinas Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 2.5 km | 64%Grade 9 math |
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 4.4 km | 64%Grade 9 math |
| Saunders Secondary SchoolThames Valley DSB | Public · grades 9–12 | 5.7 km | 46%Grade 9 math |
| Westminster Secondary SchoolThames Valley DSB | Public · grades 9–12 | 6.8 km | 38%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in South B are shown to signed-in members.