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$490K · 2 bed Condo Townhouse · South V, London South | MyPropertyScout

$489,900

Unit 7

24 DOM

2324d

Map

DOM 24

$489,900

F●●○○○DOM24days

Unit 7

3900 Savoy Street · London South · Ontario N6P 0H9

MLS® X13410246 · South V · N6P 0H9

23TenantOccupied500-599 ft²Condo Townhouse2-car Detached24d$892/ft²$2,934 tax/yr

22% above market · regional est. · 24 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome to Condo Number 7! Affordable Bright Modern Townhome Condo 2 Bedroom, 2.5 Bathrooms with 2 Convenient Parking Spots (Parking Spots 23 & 62). Open Kitchen with Quartz Counters, Kitchen Island and Modern Stainless Steel Appliances (Fridge, Stove, Dishwasher and Built-In Microwave). Bright Lower Level Includes 2 Large Bedrooms with Ample Closet Space, 2 Full Bathrooms (1 Bathroom For Each Bedroom!) and Convenient Laundry (Washer and Dryer). Great Access to 402 / 401, and Downtown London.…

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Property details

MLS#: X13410246
Status: Buy Now
Beds: 2
Baths: 3 full, 0 half
Size: 500-599
Style: 2-Storey
Type: Condo Townhouse
Year built: —

Roof: Membrane

Condo corp #: 974
Balcony: Terrace
Locker: None
Fees include: Parking Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 2-car Detached
Garage spaces: 2
Parking: 2 total
Heating: Heat Pump
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Vinyl Siding
Fronting on: —
Cross street: Bakervilla and Savoy
Basement: Finished
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: On Demand Water Heater
Parking features: —

Rooms

Level	Room	Dimensions
Main	Living Room	3.05m × 3.66m
Main	Kitchen	3.05m × 3.5m
Lower	Bedroom	3.35m × 3.66m
Lower	Bedroom 2	3.35m × 3.66m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: CENTURY 21 FIRST CANADIAN CORP

Source: TRREB/PROPTX · MLS® X13410246

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$490K

Unit 7 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $489,900✓ $2,934 tax✓ Gas✓ 500-599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,205/mo

incl. closing costs (yr 1)

Annual total

$50,455

year 1

Mortgage only

$1,859/mo

principal + interest

Beyond mortgage

$1,365/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$97,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$245/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~550 ft² · ON avg ~$75/mo

Gas$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%$4,899/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

Condo / HOA fees (mo)$24/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,273

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $22,302/yr

Property taxes18% $9,207/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $4,899/yr

Condo fees7% $3,387/yr

Closing costs10% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,302	$1,859/mo
Government & taxes
Property tax	$2,934	$245/mo
Land transfer tax(closing)	$6,273	$523/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,899	$408/mo
Condo fees
Condo / HOA fees	$3,387	$282/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	$50,455	$4,205/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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Unit 7

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs