$509,900 - 2592 Sheffield Boulevard, London South
Condo for Sale in London South
44 days on market- MLS Number
- X13090260
- Property Type
- Condo
- Status
- active
- Days on Site
- 44
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,600 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- South
- Balcony
- Enclosed
- Listing Brokerage
- NU-VISTA PINNACLE REALTY BROKERAGE INC
Welcome to the perfect place to start your home ownership journey in one of London's most affordable and fast-growing communities. Designed with first-time buyers in mind, this bright end-unit townhome offers extra privacy, more windows, and a warm, inviting feel throughout. Step into a stunning open-concept main floor featuring 9-foot ceilings, oversized windows, and a modern layout that makes everyday living and entertaining effortless. The stylish kitchen is complete with quartz countertops, upgraded cabinetry, and walkout access to your own private balcony-perfect for morning coffee or unwinding after a long day. With approximately 1,795 sq. ft. of living space, this home offers room to grow. The versatile ground-floor flex space is ideal for a home office, gym, or guest area-perfect for today's lifestyle. Upstairs, enjoy three spacious bedrooms, including a comfortable primary suite with a walk-in closet and a sleek ensuite with double sinks and a glass walk-in shower. Even better - this home comes with a full appliance package, helping you save on upfront costs and making move-in seamless. Additional features include a built-in garage, private driveway, and low-maintenance living so you can spend more time enjoying your home and less time maintaining it. Located close to parks, trails, shopping, recreation centres, and Highway 401, everything you need is within easy reach. Built by a trusted local builder Johnstone Homes with over 35 years of experience, this is a home you won't want to miss. If you've been waiting for the right opportunity to own - this is it. | Purchase Price includes proposed 2026 HST rebates. Final rebate amount is subject to the passing of Provincial/Federal legislation and purchaser eligibility (Primary Residence/Qualifying Rental) as per government guidelines.
Estimate your monthly payments for this property
Estimated Payment
$2,616.05/mo
Includes CMHC insurance ($14,226)
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.
2592 Sheffield Boulevard, 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 $319/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 44 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 4 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 $2,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.