$722,053 - 2835 Sheffield Place Unit 9, London South
Condo for Sale in London South
92 days on market- MLS Number
- X12899054
- Property Type
- Condo
- Status
- active
- Days on Site
- 92
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
Modern Luxury Living by Westhaven Homes in a quiet enclave. This exceptional 5-bedroom, 4.5-bath residence offers 2,500 sq. ft. of finished upscale living plus an unfinished above-grade lower level-ideal for a future income suite, multi-generational setup, or home business. Move-in ready and designed for flexibility, it's a home that adapts to your lifestyle. Westhaven Homes offers the perfect blend of contemporary convenience and peaceful nature in this thoughtfully designed London neighbourhood. Located in Victoria on the River - an enclave of executive homes set on a quiet, low traffic cul-de-sac & nestled amid mature trees, rolling hills, and wildflowers. Steps from the picturesque Thames River residents enjoy serene walking trails riverside, listening to a myriad of birds along the forest, plus a private parkette perfect for picnics and play. Inside, every detail reflects Westhaven's signature craftsmanship. The open-concept layout features abundant natural light, and premium finishes throughout. Hardwood flooring, quartz surfaces, and designer fixtures enhance the warm, modern aesthetic.The lower level offers fantastic potential with a 4-piece bath rough-in & 2 rooms -perfect for guests or a private suite. Upstairs, a chef-inspired kitchen with quartz island flows into the dining area and spacious great room with an oversized linear fireplace. A convenient powder room and office/bedroom with private 3 piece ensuite complete this level.The upper floor offers four additional bedrooms, including a luxurious primary suite with a walk-in closet and 5-piece ensuite. Two bedrooms share a 5-piece Jack-and-Jill bath, while another enjoys its own 3-piece ensuite. Laundry is conveniently located on this level.With an additional entry from the garage, the layout easily supports a self-contained unit. Just minutes to Hwy 401, this location offers seamless access for commuters and quick escapes to Grand Bend or Port Stanley's beaches-halfway between Detroit and Toronto.
Estimate your monthly payments for this property
Estimated Payment
$3,736.85/mo
Includes CMHC insurance ($25,994)
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 9, 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 $289/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.
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 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 $3,009 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.