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$569K · 0 bed Vacant Land · South J, London South | MyPropertyScout

$569,000

35 Pond Mills Road

88 DOM

0088d

Map

⚡ Insider Deal

DOM 88

↓ $81KPrice Reduced

$569,000

↓ $81K

DOM88days

35 Pond Mills Road

London South · Ontario N5Z 0A1

MLS® X12972682 · South J · N5Z 0A1

00OwnerOccupiedVacant Land88dLot 229 x 396 ft.50-1.99 ac$2,165 tax/yr

88 days on market

About this home

This 1.08-acre ravine lot features approximately 70m of frontage and is zoned R5-3, which permits cluster townhouse dwellings and cluster stacked townhouse dwellings. The property offers the potential to build a single-family home subject to a zoning by-law amendment. Municipal services are available at the road. The sale includes a 2021 Stage 1 & 2 Archaeological Assessment, a 2022 Scoped Environmental Impact Study, and a 2025 Geotechnical Slope Stability Assessment.

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Property details

MLS#: X12972682
Status: Buy Now
Property class: Residential Freehold
Beds: 0
Baths: 0 full, 0 half
Kitchens: 0
Size: —Not provided on MLS feed
Basement: —
Style: —
Type: Vacant Land
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

PIN: 083450006
Plan: 380

Occupancy: Owner Occupied
Central vacuum: No
Ensuite laundry: No

Garage: —
Garage spaces: —
Parking: —
Lot: 229 × 396
Heating: —
Heating fuel: —
Cooling: —
Fireplaces: —
Waterfront: No
Exterior: —
Fronting on: South
Cross street: Thompson/Pond Mills
Stories: —
Utilities: —
Laundry: —
Interior: —
Parking features: Private

Rooms

Room dimensions are not available for this listing.

Seller signals

Price movement & seller pressure

↓ $81KPrice reduction

MLS shows the seller reduced the asking price by $80,900 (from $649,900 to $569,000).

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: PRIME REAL ESTATE BROKERAGE

Source: TRREB/PROPTX · MLS® X12972682

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$569K

35 Pond Mills Road · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $569,000✓ $2,165 tax✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,407/mo

incl. closing costs (yr 1)

Annual total

$52,885

year 1

Mortgage only

$2,159/mo

principal + interest

Beyond mortgage

$1,136/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$113,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$180/mo

Utilities

Hydro / electricity$126/mo

≈ $0.07/ft² × ~1,800 ft² · ON avg ~$126/mo · assumes gas heat

Natural gas (assumed)$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,690/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,855

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)49% $25,903/yr

Property taxes19% $10,020/yr

Utilities9% $4,572/yr

Insurance & security3% $1,600/yr

Maintenance11% $5,690/yr

Closing costs10% $5,100/yr

Mortgage is 49% of your true cost of ownership. The other 51% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$25,903	$2,159/mo
Government & taxes
Property tax	$2,165	$180/mo
Land transfer tax(closing)	$7,855	$655/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$1,512	$126/mo
Natural gas (assumed)	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,690	$474/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$52,885	$4,407/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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35 Pond Mills Road

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

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Annual costs