Welcome to Unit 509 at Rivers Edge, 45 Pond Mills Road. This bright 1 bedroom condo combines comfort, convenience and a setting that's hard to beat. It has 750 square feet of well-planned living space, with an open living and dining area that gets lots of natural light. The galley kitchen is functional, with everything you need, and the primary bedroom is generous-sized. In-suite laundry adds everyday convenience. Freshly painted, with updated windows, this unit feels like home. From the 5th floor you'll enjoy beauiful views of the Forest City and the Thames River. The building's newer windows add energy efficiency and natural light. Your purchase includes one underground parking space, and the building offers a sauna, a rooftop deck and a smoke-free environment. The location is great for anyone who loves the outdoors. You're minutes from the Thames River, the Kiwanis Park trails and Pond Mills Conservation Area. Transit, shopping, groceries and quick routes downtown and to the 401 are all close by. This home suits first-time buyers, downsizers and investors alike. It's move-in ready for you today!
1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $328 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 45 Pond Mills Rd #509
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
700-799 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
45 Pond Mills Rd #509 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,129
/mo
based on the purchase price of $229,900
$45,980 cash
$183,920 financed
$154,909 total interest
Principal54%$183,920
Interest46%$154,909
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 1–2 bed homes for sale in London around $230K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,356Homes for sale here right now.
Median vs prior 90 days−0.9%Compared with May 11 – Aug 9, 2026: prices down.
Based on 1,698 sales from Aug 9 – Nov 7, 2026 (1,520 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
6 for sale · 2 for rent at 45 Pond Mills Rd — plus its sale and lease history.
45 Pond Mills Rd #509 is listed at $229,900 (MLS® X14159066). Summitly updates the price as soon as the MLS® record changes.
Is $229,900 a good price for 45 Pond Mills Rd #509?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 45 Pond Mills Rd #509 changed?
No — 45 Pond Mills Rd #509 is still listed at its original asking price of $229,900.
How many bedrooms and bathrooms does 45 Pond Mills Rd #509 have?
45 Pond Mills Rd #509 has 1 bedroom and 1 bathroom, with about 700–799 square feet of living space. It is a condo in London.
How much would the monthly mortgage be on 45 Pond Mills Rd #509?
About $1,129 a month — principal and interest on $229,900 with 20% down ($45,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 45 Pond Mills Rd #509 compare with other homes in London?
Its asking price of $229,900 is about 59% below the median sold price in London over the last 90 days, $560,000, across 1,698 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 45 Pond Mills Rd #509 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 45 Pond Mills Rd #509 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 45 Pond Mills Rd #509?
45 Pond Mills Rd #509 is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 45 Pond Mills Rd #509 been on the market?
3 days — 45 Pond Mills Rd #509 was listed on November 4, 2026.
What is the price per square foot of 45 Pond Mills Rd #509?
About $288 to $328 per square foot: the asking price of $229,900 over the 700–799 sq ft the listing gives as its size range.
Does 45 Pond Mills Rd #509 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 45 Pond Mills Rd #509 have a basement, and is it finished?
The listing says 45 Pond Mills Rd #509 has no basement.
