$1,039,000 - 2835 Sheffield Place Unit 8, London South
Condo for Sale in London South
46 days on market- MLS Number
- X13075784
- Property Type
- Condo
- Status
- active
- Days on Site
- 46
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,750 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- North South
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
To-be-built 2-storey walk-out by Westhaven Homes on a premium riverfront lot in the Victoria on the River enclave in London. Offering approx. 2,959 sq. ft., this 5-bedroom, 5.5 bathroom home provides a versatile layout. The main level features 9' ceilings, hardwood and tile throughout, and a spacious open-concept design. The layout allows for flexibility with bedroom or office options on the main floor. Upstairs, sloped ceilings up to 9' add architectural interest, with hardwood in the upper hall and carpeted bedrooms. Multiple bedrooms with ensuite access make this an ideal setup for larger families or multi-generational living. The unfinished walk-out basement offers 9' ceilings, a rough-in bath, and strong potential for a future in-law or income suite. With separate access, the space is well suited for a self-contained unit. Located on a quiet cul-de-sac with direct access to trails along the Thames River, this setting offers a balance of privacy and convenience. Quick access to Highway 401 for commuting, and an easy drive to Grand Bend and Port Stanley.
Estimate your monthly payments for this property
Estimated Payment
$4,595.85/mo
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 8, London South
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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 $378/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 46 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.
Larger Home Realities
At 2,750 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London South.
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.