29-35 Waterman Ave
South R, London South, Ontario N6C 5T3
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1,200–1,399sq ft
- Per sq ft
- $308at the range’s middle
- Tax a year
- $2,5222026 tax year
- Parking
- 1none
- Days on market
- Members
The brief
About 29-35 Waterman Ave
29-35 Waterman Ave is a 3-bedroom, 2-bathroom condo townhouse in South R, London South, listed for sale at an asking price of $399,900 (MLS® X13828788).
Welcome to this beautifully renovated 3-bedroom townhouse in the quiet enclave of South London. Perfect for first-time buyers, this home offers a functional layout with a bright, updated, eat-in kitchen and a spacious living/dining space. The upper level boasts three generous bedrooms and a 4-piece main bathroom. For extra living space, the lower level is partially finished-ideal for a recreation room, home office, or gym-while still providing ample storage and laundry space. Upgrades include - Interior: Luxury vinyl plank flooring throughout the main and second levels with carpet on stairs. .Outdoor Living: Private rear courtyard/patio perfect for summer BBQs. Comfort: Newly installed Gas heating and central air conditioning. Location: Prime South London spot with quick access to the 401, Victoria Hospital, and shopping and the developing Bus Rapid Transat System. Steps away from parks and local favorites. Additional features are kitchen appliances, on trend sink, tap, backsplash, pot lights, flooring, hardware, new doors throughout, washer and dryer. Parking out front and private back patio. Its in a great location within the complex!
Insights
Condition Score
Good81/1003 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even60/100−$4/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 31 condos with 3 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
- $2,522 / 2026
- MLS® number
- X13828788
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- None, 1 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- South R
- Municipality
- London South
Building
- Size
- 1200-1399 sqft
- Construction
- Alum Siding
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd
- Basement Type
- Partly Finished
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Existing fridge, stove, dishwasher, microwave, washer and dryer
- Condo maint.
- $369
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.12 × 3.23 m | — | Main |
| Breakfast | 1.55 × 2.47 m | Eat-In Kitchen | Main |
| Dining | 2.23 × 3.22 m | — | Main |
| Living | 6.49 × 6.02 m | — | Main |
| Primary | 4.47 × 3.89 m | — | 2nd |
| 2nd Br | 4.02 × 3.89 m | — | 2nd |
| 3rd Br | 2.85 × 2.69 m | — | 2nd |
| Rec | 3.63 × 6.02 m | — | Lower |
| Laundry | 5.33 × 6.02 m | — | Lower |
Listing history
Buy/sell history for 29-35 Waterman Ave, 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 | $399,900 | N/A | For Sale | X13828788 |
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
- $79,980
- Total mortgage amount
- $319,920
- Total interest payment
- $227,580
- Total purchase cost
- $627,480
- Mortgage payment
- $1,825/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
20%Monthly carrying cost
$2,404- Rent $2,400
- Shortfall $4
Rental income opens at $2,400, the median asking rent of 31 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
- $4,474
- Total land transfer tax
- $4,474
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $474
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 $399,900
- $2,249
- Ontario total
- $4,474
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 conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 9.8 km9.8 km
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
- No licensed pit or quarry within 2 km2 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 Canadian Linen & Uniform Service — Canadian Linen & Uniform Service - D14, 1.4 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, 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 R right now
- For sale now
- 10
- Median asking price
- $359K
- New in 7 days
- 0
- Price cuts
- 30%
Middle half: $332K to $415K
2 in 28 days
3 listings
This home is asking 11% above the median.
See all homes in South RAsking 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
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Sir George Etienne Cartier Public SchoolThames Valley DSB | Public · grades JK–8 | 300 m | 70%Grade 6 average |
| Mountsfield Public SchoolThames Valley DSB | Public · grades JK–8 | 1 km | 81%Grade 6 average |
| Holy Rosary Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.2 km | 63%Grade 6 average |
| École élémentaire catholique Frère AndréConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 4 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| London South Collegiate InstituteThames Valley DSB | Public · grades 9–12 · French Immersion | 1.8 km | 49%Grade 9 math |
| G A Wheable Secondary SchoolThames Valley DSB | Public · grades 9–12 | 2.1 km | — |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 3.6 km | 57%Grade 9 math |
| École secondaire Gabriel-DumontConseil scolaire Viamonde | French-language public · grades 9–12 | 4.9 km | 77%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 R are shown to signed-in members.