$469,900 - 131 Bond Street, London South
Detached for Sale in London South
45 days on marketNeighbourhood: South H
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- MLS Number
- X13761076
- Property Type
- Detached
- Status
- active
- Days on Site
- 45
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London South
- Taxes (2025)
- $2,833
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Charming Old South Bungalow - Walk to Victoria Hospital! Welcome to 131 Bond Street, a bright, well-kept bungalow in London's sought-after Old South. Victoria Hospital is within walking distance, with Wortley Village, downtown, transit and trails all nearby. An ideal opportunity for a first-time buyer, downsizer or investor seeking a manageable home in a highly desirable location. The main level combines timeless character with fresh updates, featuring rounded archways, detailed mouldings, a brick fireplace with mantel and plenty of natural light. The updated kitchen offers brand new stainless steel appliances, including a dishwasher. Two bedrooms and a full bathroom complete the main floor, with a convenient side entrance off the carport providing easy access to the home and backyard. The fully finished lower level offers valuable additional living space with good ceiling height, brand new carpet, a large recreation area with bar, second 3-piece bathroom, spacious laundry room and generous storage/mechanical room. Ideal for a first-time buyer needing extra space, a downsizer wanting room for guests or hobbies, or an investor looking for additional flexibility. Outside, enjoy the brand new oversized deck with custom railing, perfect for entertaining or relaxing in the backyard. The location is a standout: walk to Victoria Hospital, reach downtown by direct transit in under 10 minutes, enjoy the shops and restaurants of Wortley Village, and take advantage of easy bike access to the Thames Valley Parkway and extensive city trails. Affordable to maintain and move-in ready - 131 Bond Street is a smart opportunity in one of London's most convenient neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$2,410.83/mo
Includes CMHC insurance ($13,110)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover South H
South H is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in South H
- •Convenient location in London South
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
South H offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
131 Bond Street, London South
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $671/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 45 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About South H
I know South H well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.