$818,690 - 2835 Sheffield Place Unit 14, London South
Condo for Sale in London South
92 days on market- MLS Number
- X12899078
- Property Type
- Condo
- Status
- active
- Days on Site
- 92
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
Sleek, Modern 4-bedroom executive home backing onto the river & protected forest. Premium finishes, fantastic floor plan & huge windows overlooking the green space. Situated in an enclave of executive residences at Victoria on the River steps to the river & an extensive trail system that takes you through miles of nature trails, old canopies of mature trees, rolling hills & wildflowers to Meadowlily Woods. Custom Westhaven Homes build offers 9 ft ceilings on main & 2nd floor & full 8 ft 4 in. ceiling in finished lower level walk-out, 8 ft doors on main & 2nd floor. Open concept plan is a fusion of dining area, beautiful living room with gas fireplace & upscale gourmet kitchen w/ crisp white upper cabinetry, lowers & oversized island in a contrasting espresso tone & quartz surfaces all with spectacular, evolving views, season after season. Principal living spaces & 2nd floor hallway feature driftwood-tone White Oak hardwood floors a perfect choice for this forested setting. 3 full bathrooms on 2nd floor showcasing designer tile, glass showers, stand-alone soaker tub, double sinks & quartz counters. 5-piece Jack-and-Jill bathroom w/ separated bathing area, 3-piece private ensuite. Primary bedroom enjoys 5-piece ensuite, walk-in closet & lots of natural light through large windows. Finished lower level walk-out level w/ patio door entry adds 3-piece washroom & large rec room that could easily be modified for 5th bedroom & media room. Common element fee covers snow plowing of private road. 10 min to HWY 401 & Victoria Hospital. 13 min. to London Airport. 20 min to downtown London.
Estimate your monthly payments for this property
Estimated Payment
$4,200.30/mo
Includes CMHC insurance ($22,841)
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.
2835 Sheffield Place Unit 14, 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 $409/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.
Negotiation Opportunity
At 92 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London South. Good resale value as demand remains consistent.
Bathroom Count Matters
With 5 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 $3,411 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.