$124,900
198 Springbank Drive 5, London South, ON N6J 1G1
1 Beds
1 Baths
2 Parking
1973 Mobile Home situated in The Cove Mobile Home Park Retirement Community. A Year round Park located on Springbank Dr near Greenway Park. Owners must be 50+ to own and live in this park. Formerly a 2 bedroom unit has been converted to a 1 bedroom with a den (guest room) and a laundry room. Features an open concept dining/living room with lots of natural lighting. Roof shingled in 2017, furnace is older and works well. Enjoy 2 large decks + front covered porch and deck. Lot fees $818.15/month: INCL $750.00 Lot fees + 50.00 water + $18.15 for property taxes + garbage and recycling pick up, park maintenance. Located close to downtown, shopping center, Greenway Park, dog park and trails. Offers to be conditional on Land Lease approval. Owners must be 50+ to own and live in this park, no rentals allowed. Being sold "as is where is" no warranties or guaranties. A great alternative to condo living and ideal for retirement or down sizing.

Property Summary

Property Type Residential Freehold
Property Sub Type MobileTrailer
Transaction Type For Sale
Style Bungalow
Approximate Age 51-99
Bedrooms Above Grade 1
Bathrooms 1
Kitchens 1
Basement None
Exposure West
Possession 30 - 60 days

Building

Building Type MobileTrailer
Square Footage 700-1100
Exterior Aluminum Siding
Foundation Concrete Block, Slab
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling Wall Unit(s)
Fireplace Yes

Measurements

Total Living Area 700-1100

Land

Address 198 Springbank Drive 5, London South, ON N6J 1G1
City London South
Community South D
County / Area Middlesex
Cross Street Wharncliffe Rd
Sewer Sewer
Pool None

Parking and Garage

Total Parking 2
Garage Spaces 0
Garage Type None
Parking Features Street Only

Taxes and Listing Info

List Price $124,900
Annual Taxes $218
Tax Year 2026
Status Active
Listing Date 2026-03-07T00:09:54Z
Updated 2026-05-23T13:07:10Z
MLS Number X12857142
Local Market Insight

What Buyers Should Know About 198 Springbank Drive 5, London South, ON N6J 1G1

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

198 Springbank Drive 5, London South, ON N6J 1G1 is positioned in South D, a part of London South where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Bungalow, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this MobileTrailer should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Wharncliffe Rd, public transit options, parking availability, and drive times to employment areas. A property with 2 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $124,900, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 1 bedrooms, 1 bathrooms, basement details marked as None, and a lot size of to be reviewed, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In London South, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around South D. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 198 Springbank Drive 5, London South, ON N6J 1G1, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.