$629,900 - 18 Cadeau Terrace Unit 43, London South
Condo for Sale in London South
31 days on market- MLS Number
- X13141726
- Property Type
- Condo
- Status
- active
- Days on Site
- 31
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- North East
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Spectacular detached condo with spacious front patio, two door double car garage, double driveway, ceramic entry, hardwood floors, transom windows giving the main floor an open feel, 10-foot ceilings on the main floor with crown molding and absolutely sparkling clean from top to bottom. Boasting 3 bedrooms (2 up and 1 down), full ensuite and 2 additional full bathrooms. This beautifully maintained condo backs onto an open space with north/east exposure and deck complete with gas BBQ hook up (gas BBQ is included) off the eat-in kitchen. The perfect place to enjoy a morning coffee and an ideal way to start your day. Welcome to this tasteful unit where you will find the kitchen offers loads of cupboard space, large microwave range hood, updated appliances, working countertop arm which separates the eat-in area from the working space, neutral decor and is move in ready. The finished basement offers a lovely gas fireplace, large family room, with games area complete with entertainment servicing counter with cabinets and beverage fridge. Also, there is a full bathroom and separate bedroom with large windows to give plenty of light plus tons of storage, workbench and shelving to accommodate all your storage needs. Seller is willing to negotiate for any or all of the furniture. This unit is a great opportunity to acquire in a preferred complex and one of the nicest spots in the complex. Make this a must see TODAY!
Estimate your monthly payments for this property
Estimated Payment
$3,231.71/mo
Includes CMHC insurance ($17,574)
5-yr fixed avg.
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.
Discover London South
London South 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 London South
- •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
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
London South 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.
18 Cadeau Terrace Unit 43, London South
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $525/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.
Market Position
At 31 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: London South properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.