144 Conway Drive Unit 58, London South

Price: $249,900

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: X14100020

A thoughtfully updated 2-bedroom, 1-bath ground-floor condo apartment in South London, minutes from White Oaks Mall. An inviting option for first-time buyers or investors, with updates throughout and convenient access to everyday amenities.The foyer provides ample storage, with durable flooring continuing into the kitchen. White cabinetry and countertops are paired with stainless steel appliances (2026) and a subway tile backsplash.The open-concept dining and living area features a new electric fireplace (2026) and patio door with walkout access. Both bedrooms are spacious and include ceiling fans and generous closets. New carpeting will be installed throughout the living room, dining room, bedrooms and hallway. A 4-piece bathroom and in-suite washer/dryer (2026) closet complete the layout.Additional updates include new light fixtures, hot water heater and baseboard heaters. Open parking is also included.Located close to parks, schools and shopping, with easy access to Highway 401. This South London condo offers a functional layout with thoughtful updates throughout.

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active
New Listing

$249,900 - 144 Conway Drive Unit 58, London South

Condo for Sale in London South

New — Listed 4 days ago

Neighbourhood: South X

2Beds
1Baths
800Sq Ft
Condo

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Property Details
MLS Number
X14100020
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
London South
Taxes (2025)
$1,475
Maintenance Fees
$475/mo
Locker
None
Exposure
North
Balcony
Enclosed
Listing Brokerage
THE REALTY FIRM INC.
Description

A thoughtfully updated 2-bedroom, 1-bath ground-floor condo apartment in South London, minutes from White Oaks Mall. An inviting option for first-time buyers or investors, with updates throughout and convenient access to everyday amenities.The foyer provides ample storage, with durable flooring continuing into the kitchen. White cabinetry and countertops are paired with stainless steel appliances (2026) and a subway tile backsplash.The open-concept dining and living area features a new electric fireplace (2026) and patio door with walkout access. Both bedrooms are spacious and include ceiling fans and generous closets. New carpeting will be installed throughout the living room, dining room, bedrooms and hallway. A 4-piece bathroom and in-suite washer/dryer (2026) closet complete the layout.Additional updates include new light fixtures, hot water heater and baseboard heaters. Open parking is also included.Located close to parks, schools and shopping, with easy access to Highway 401. This South London condo offers a functional layout with thoughtful updates throughout.

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Estimated Payment

$1,282.12/mo

Includes CMHC insurance ($6,972)

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5%10%50%

5-yr fixed avg.

Principal: $224,910Interest: $152,753
Mortgage Amount$231,882
Total Interest$152,753
Est. Property Tax$177/mo
Total Cost$384,635

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.

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Neighbourhood Guide: South X

Discover South X

South X 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 X

  • •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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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 X 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.

70
Walk Score
Varies
Price Range

144 Conway Drive Unit 58, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
7.2%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$475
Property Tax (est.)-$177
Insurance (est.)-$52
Net Cash Flow+$1,496

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $312/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.

Just Listed - Act Strategically

This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $475/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 800 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 X

I know South X 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.

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    144 Conway Drive Unit 58, London South | $249,900 | Battaglia Team