- Bedrooms
- 2
- Bathrooms
- 1
- Size
- < 700sq ft
- Lot
- Under 0.50 acres
- Tax a year
- $2602025 tax year
- Built
- 51-99
- Parking
- 2none
- Days on market
- Members
The brief
About 92-198 SPRINGBANK Dr
92-198 SPRINGBANK Dr is a 2-bedroom, 1-bathroom home in South D, London South, listed for sale at an asking price of $154,900 (MLS® X13706574).
Welcome to this charming 2-bedroom mobile home located in The Cove Retirement Mobile Home Park, offering comfortable, low-maintenance living in a welcoming 50+ community.This 1968 Century model features a spacious sunroom addition extending along the side of the home, providing valuable extra living space. The addition features updated siding, windows, and insulation. Inside, the home offers an open-concept living and kitchen area, two bedrooms, and plenty of closet and storage space.The home is equipped with a furnace and hot water heater installed in 2020. Outside, enjoy a nicely landscaped lot with a patio and storage shed.Monthly lot fees are approximately $800 and include applicable property taxes, water, sewage, garbage and recycling pickup, and park maintenance.Conveniently located close to downtown, shopping, Greenwood Park, and nearby trails. An affordable alternative to condo living and a great option for those looking to downsize. ** Residents must be 50+ years of age.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Strong98/100+$1,071/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 59 homes with 2 bedrooms for lease in London South right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $260 / 2025
- MLS® number
- X13706574
- Board
- TRREB MLS®
- Property Type
- Mobile/Trailer
- Building Age
- 51-99
- Days on market
- Size
- < 700 sqft
- Lot Size
- Under 0.50 acres
- Listed on
- Parking
- None, 2 Parking
Property details
Property
- Property Type
- Mobile/Trailer
- Style
- Other
- Community
- South D
- Municipality
- London South
Building
- Size
- < 700 sqft
- Building Age
- 51-99
- Construction
- Alum Siding
Inside
- Bedrooms
- 2
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 2
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Window Unit
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Lot Size
- Under 0.50 acres
Additional
- Foundation
- Slab
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Stove top, convection oven, Microwave, shed, Carbon Monoxide Detector, Refrigerator, Smoke Detector, Window Coverings
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.4 × 3.73 m | — | Main |
| Kitchen | 3.4 × 3.48 m | Double Sink, Laminate | Main |
| Br | 1.73 × 2.67 m | Vinyl Floor | Main |
| Primary | 3.4 × 2.57 m | — | Main |
| Sunroom | 2.54 × 9.32 m | Laminate | Main |
| Other | 2.31 × 3.56 m | — | Main |
Listing history
Buy/sell history for 92-198 SPRINGBANK 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 | $154,900 | N/A | Pc | X13706574 |
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
- $30,980
- Total mortgage amount
- $123,920
- Total interest payment
- $88,180
- Total purchase cost
- $243,080
- Mortgage payment
- $707/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$729- Carrying cost $729
- Surplus $1,071
Rental income opens at $1,800, the median asking rent of 59 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
- $1,274
- Total land transfer tax
- $1,274
- First-time buyer rebates (Ontario up to $4,000)
- −$1,274
- Total for first-time buyers
- $0
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $154,900
- $999
- Ontario total
- $1,274
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
Lot
- Lot size
- Under 0.50 acresAs the board bands it
The record gives a size band for this lot, not measured dimensions. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 m12 test or monitoring holes also recorded. 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 6.1 m.250 m
- Groundwater recorded about 3.4 m below ground nearbyThe middle water level in the well records within 500 m (35 records). It changes with the season and from spot to spot.500 m
- Bedrock about 31.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.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 home2
- Nearest rail line: 570 m570 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Corporation of the City of London — Greenway Pollution Control Centre, 940 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.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 140 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (140 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.140 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, 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
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Kensal Park Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 650 m | 83%Grade 6 average |
| Victoria Public SchoolThames Valley DSB | Public · grades JK–8 | 800 m | 31%Grade 6 average |
| École élémentaire catholique Frère AndréConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 1.2 km | 85%Grade 6 average |
| St Martin Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.4 km | 73%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Westminster Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.6 km | 38%Grade 9 math |
| London South Collegiate InstituteThames Valley DSB | Public · grades 9–12 · French Immersion | 2.3 km | 49%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 3.1 km | 57%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 5.8 km | 57%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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Recently sold nearby
Sold prices in South D are shown to signed-in members.